Data through September 2026 · updated 2026-11-08 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$226,888+8.5% YoY · prices are rising fast
Market right nowBalanced marketMore homes for sale than last year, 15% have cut their price
Income needed to buy, per year$49,185About 0.7× the local median income ($75,285): affordable for a typical household
Days on market59 daysSlower than a year ago: buyers have time to negotiate
The typical home in Lyon County, MN is worth $226,888, up 8.5% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $224,660, so the area is 1.0% overvalued. It is a balanced market: homes take about 59 days to sell, listings are up 44% from a year ago, 15% of listings have had a price cut. A household needs about $49,185 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $75,285. In the latest IRS figures, 203 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$226,888
Change in 1 year
+8.5%
Overvalued %
+1.0%
Show 6 more
Fair home value
$224,660
Change in 5 years
+23.6%
Home value to income
3.0×
Monthly mortgage payment (20% down)
$1,230
Income needed to afford it
$49,185
Property tax rate
1.06%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,014
Market activity
Listings vs a year ago
+43.9%
Days on market
59
Listings with a price cut
14.8%
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Homes for sale
59
Pending sales per 100 listings
27
Asking price per sq ft
$113
People and jobs
Median household income
$75,285
Population change (1 year)
−0.4%
Unemployment rate
3.2%
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Population
25,684
Income adjusted for cost of living
$87,643
Net moves in (IRS)
−203
Cost of living (US = 100)
85.9
Schools, risk and environment
School rating (1 to 10)
6.8
FEMA hazard risk score (0 to 100)
43.5
Unhealthy air days a year
7
Show 4 more
Flood risk score
57.2
Wildfire risk score
17.3
Walkability (1 to 20)
7.4
Road, rail and air noise
52 dB
Questions people ask
Is Lyon County, MN overvalued?
Home prices in Lyon County, MN are slightly above what local incomes have historically supported: fair value is about $224,660, so the area is 1.0% overvalued.
Is Lyon County, MN a buyer's or seller's market?
Lyon County, MN is a balanced market: homes take about 59 days to sell, listings are up 44% from a year ago, 15% of listings have had a price cut.
Are home prices going down in Lyon County, MN?
Home values in Lyon County, MN are up 8.5% over the last year.
How much do you need to earn to buy a home in Lyon County, MN?
A household needs about $49,185 a year to afford the typical home in Lyon County, MN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $75,285.