Housing in Lake Lillian, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — December 2025Median Sale Price
$140,000
Median List Price
N/A
Price Per Sq Ft
$118
Days on Market
49
Active Inventory
2
Months of Supply
2.0
Seller's market
Zillow Home Value
$276,480
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
100.0%
Sale-to-List Ratio
105.7%
Seller's market
Market Activity
Source: RedfinHomes Sold
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$118
Lake Lillian vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Lake Lillian is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$101,000
Median Rent
$765
Total Housing Units
94
Vacancy Rate
19.1%
Owner Occupied
80.3%
Renter Occupied
19.7%
Median Property Tax
$1,264
per year
Monthly Cost (w/ Mortgage)
$921
Housing Types
The current median sale price in Lake Lillian, MN is $140,000 according to Redfin data. Homes spend a median of 49 days on the market. 100.0% of homes sold above asking price. The market has 2.0 months of supply. The median price per square foot is $118. The median rent is $765 per month (Census ACS). About 80.3% of housing units are owner-occupied. The median year homes were built is 1965. There are 94 total housing units.