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LAKE LILLIAN, MN 56253

Real Estate Market Report  ·  Kandiyohi County
Seller's Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The LAKE LILLIAN, MN real estate market (56253) currently shows 6 active listings, with 1 pending sales. Homes are averaging 69 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 69 days on market compared to 92 days last year.

The median listing price has fallen 3.8% year-over-year, from $374,500 to $360,250.

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Market Context

Market Context

Population: 833  ·  Density: 3.0/mi²  ·  Median household income: $71,071

Typical home value: $194,987  ·  Homeownership: 88.7%

Market Overview

Active Listings
6
⇩ 14.3% vs 7 last year
Pending
1
17% pending ratio
Median Price
$360,250
⇩ 3.8% vs $374,500 last year
Average Price
$346,557
⇩ 21.5% vs $441,317 last year
Days on Market
69
⇩ 25% vs 92 days last year

Price Per Square Foot

Median $/sqft
$199
⇩ 18.4% vs $244/sqft last year
Median Home Size
1,375 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%
—
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 6 this year vs 7 last year
  • Days on market: 69 now vs 92 last year

Median & Average Pricing

Year over Year
  • Median: $360,250 (-3.8% YoY)
  • Average: $346,557 (-21.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 28.2 miles — 70 listings ($33,216,030 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56253Lake Lillian, MN 562530.0 mi3$657,501$217,500$219,167
56228Cosmos, MN 5622810.0 mi2$198,000$99,000$99,000
56251Kandiyohi, MN 5625112.4 mi1$164,000$164,000$164,000
55310Bird Island, MN 5531014.3 mi4$670,600$181,150$167,650
56230Danube, MN 5623015.7 mi1$340,000$340,000$340,000
56243Grove City, MN 5624317.2 mi2$292,816$146,408$146,408
55355Litchfield, MN 5535519.0 mi20$5,971,480$299,900$298,574
56288Spicer, MN 5628819.6 mi19$19,423,415$716,500$1,022,285
56279Pennock, MN 5627922.7 mi2$765,000$382,500$382,500
56222Clara City, MN 5622223.7 mi4$1,173,000$262,500$293,250
55385Stewart, MN 5538524.5 mi1$176,200$176,200$176,200
56252Kerkhoven, MN 5625225.5 mi5$1,547,250$309,450$309,450
55329Eden Valley, MN 5532928.2 mi6$1,836,768$265,750$306,128

Frequently Asked Questions

How many homes are for sale in LAKE LILLIAN, MN 56253?

As of September 2026, there are 6 active listings in LAKE LILLIAN, MN (zip code 56253), compared to 7 the prior year.

What is the median home price in LAKE LILLIAN, MN 56253?

The median listing price in LAKE LILLIAN, MN 56253 is $360,250 as of September 2026, a 3.8% decrease from $374,500 the prior year.

How long do homes stay on the market in LAKE LILLIAN, MN?

Homes in LAKE LILLIAN, MN 56253 spend an average of 69 days on the market before going under contract, compared to 92 days the prior year.

Is it a seller's or buyer's market in LAKE LILLIAN, MN 56253?

Based on current inventory and days-on-market data as of September 2026, LAKE LILLIAN, MN 56253 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 69 days on market compared to 92 days last year.

How much can I save on real estate commission in LAKE LILLIAN, MN?

With SELL123.com's maximum 3% commission, sellers in LAKE LILLIAN, MN 56253 save an estimated $7,205 compared to a typical 5% commission on the median listing price of $360,250. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.