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LAKE LILLIAN, MN 56253

Real Estate Market Report  ·  Kandiyohi County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
3
vs 3 last year
Pending
1
33% pending ratio
Median Price
$220,000
⇩ 52.8% vs $466,500 last year
Average Price
$220,000
⇩ 57% vs $511,500 last year
Days on Market
52
⇩ 49.5% vs 103 days last year

Market Context

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

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

Market Analysis

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

The LAKE LILLIAN, MN real estate market (56253) currently shows 3 active listings, with 1 pending sales. Homes are averaging 52 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 52 days on market compared to 103 days last year.

The median listing price has fallen 52.8% year-over-year, from $466,500 to $220,000.

Whether you are buying or selling in LAKE LILLIAN, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 52 now vs 103 last year

Median & Average Pricing

Year over Year
  • Median: $220,000 (-52.8% YoY)
  • Average: $220,000 (-57% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 28.2 miles — 67 listings ($28,427,094 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56253Lake Lillian, MN 562530.0 mi3$660,000$220,000$220,000
56228Cosmos, MN 5622810.0 mi2$198,000$99,000$99,000
56251Kandiyohi, MN 5625112.4 mi1$269,900$269,900$269,900
55310Bird Island, MN 5531014.3 mi4$738,400$201,950$184,600
56230Danube, MN 5623015.7 mi1$345,000$345,000$345,000
56243Grove City, MN 5624317.2 mi3$439,224$146,408$146,408
55355Litchfield, MN 5535519.0 mi20$6,058,880$307,450$302,944
56288Spicer, MN 5628819.6 mi12$13,636,908$747,000$1,136,409
56279Pennock, MN 5627922.7 mi2$836,000$418,000$418,000
56222Clara City, MN 5622223.7 mi6$1,726,002$262,500$287,667
55385Stewart, MN 5538524.5 mi2$329,800$164,900$164,900
56252Kerkhoven, MN 5625225.5 mi5$1,247,500$249,500$249,500
55329Eden Valley, MN 5532928.2 mi6$1,941,480$269,000$323,580

Frequently Asked Questions

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

As of January 2026, there are 3 active listings in LAKE LILLIAN, MN (zip code 56253), compared to 3 the prior year.

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

The median listing price in LAKE LILLIAN, MN 56253 is $220,000 as of January 2026, a 52.8% decrease from $466,500 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 52 days on the market before going under contract, compared to 103 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 January 2026, LAKE LILLIAN, MN 56253 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 52 days on market compared to 103 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 $4,400 compared to a typical 5% commission on the median listing price of $220,000. 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.