Housing in Lyle, MN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$208,500

Median List Price

N/A

Price Per Sq Ft

$143

Days on Market

116

Active Inventory

N/A

Zillow Home Value

$179,726

ZHVI — January 2026

Price Trends

Source: Redfin

Sale Price ↑ 18.1%List Price ↑ 13.6%Jun 24 → Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sale-to-List Ratio

98.1%

Buyer's market

Sold Above Asking

0.0%

Market Activity

Source: Redfin

Homes Sold

Homes Sold ↑ 0.0%New Listings ↓ 75.0%Pending ↑ 0.0%Jun 24 → Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$143

Sale $/SF ↑ 14.4%List $/SF ↓ 5.1%Jun 24 → Jan 26

Lyle vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Lyle is highlighted.

Median Home Value

23rd%ilemost expensive$105,400show rank

Median Rent

2nd%ilemost expensive rent$442show rank

Median Price Per Sq Ft

36th%ilemost expensive $/sqft$143show rank

Rent Burden

2nd%ilehighest rent burden9.0%show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$105,400

Median Rent

$442

Total Housing Units

235

Vacancy Rate

8.1%

Owner Occupied

73.2%

Renter Occupied

26.9%

Median Property Tax

$997

per year

Monthly Cost (w/ Mortgage)

$784

Housing Types

Single Family

77.5%

Multi-Family

19.6%

Mobile Home

3.0%

The current median sale price in Lyle, MN is $208,500 according to Redfin data. Homes spend a median of 116 days on the market. 0.0% of homes sold above asking price. The median price per square foot is $143. The median rent is $442 per month (Census ACS). About 73.2% of housing units are owner-occupied. The median year homes were built is 1959. There are 235 total housing units.