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Featured local agent — Lyle, MN
Sarah Mitchell
Compass Real Estate · Lyle, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lyle, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$49,618median sale price
How is the Lyle, MN housing market right now?
The median home sale price in Lyle, MN is $49,618, down 72.4% year-over-year. Homes sell in an average of 4992 days with 2 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lyle a buyer's or seller's market?
Lyle, MN is currently a balanced market, based on 1.0 months of supply and homes selling in about 4992 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
4992
Average pace
Active listings
2
1.0 months supply
Sale-to-list
92.7%
Below asking
What does the Lyle housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $49,618 |
| Median list price | $204,450 |
| Year-over-year price change | -72.4% |
| Average days on market | 4992 days |
| Active inventory | 2 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 92.7% |
| Median price per sq ft | $33/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 2 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Lyle by property type?
How the Lyle, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $49,618 | $33/sq ft | 2 | 4992 days |
Source: Redfin · Updated monthly
The Lyle housing market is currently classified as a balanced market with a median sale price of $49,618. Prices have fallen 72.4% compared to last year, with homes spending an average of 4992 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.2x provides context for how home values compare to local earning capacity.
Homes for sale in Lyle
There are currently 2 homes listed for sale in Lyle, Minnesota. The median listing price is $204K.
Active listings
2
Homes on market
Median list price
$204K
Avg. days on market
4992
Days until sale
New this week
2
Newly listed
Who lives in Lyle?
Population
490
Median income
$59,000/yr
Median age
41.3 years
Owner-occupied
73.1%
College grads
8.9%
Avg commute
24.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Lyle?
Zillow home value
$188,892
Price-to-income
3.2x
Source: Zillow Research
What is it like to live in Lyle?
Lyle is a community of approximately 0K residents with a median age of 41.3 years.The median household income is $59,000, which represents a working-class community with solid middle-income opportunities. 8.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 73.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lyle offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lyle?
3 schools tracked · 309 students
The largest public schools serving Lyle, MN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
LYLE ELEMENTARY
Grades PK-4 · 130 students
Lyle Middle
Grades 5-8 · 95 students
Lyle High School
Grades 9-12 · 84 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Lyle, MN?
Want a head-to-head view? Compare Lyle side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lyle?
The median home sale price in Lyle is $49,618, down 72.4% from last year.
How long do homes stay on market in Lyle?
Homes typically spend 4992 days on market before going under contract.
What is the median income in Lyle?
The median household income is $59,000 per year.
Is Lyle a buyer's or seller's market?
With 1.0 months of supply, Lyle is currently a balanced market.
What is the Zillow home value estimate for Lyle?
The Zillow Home Value Index (ZHVI) for Lyle is $188,892, representing the typical home value in the area.
How much does a single-family home cost in Lyle?
The median single-family home price in Lyle, MN is $49,618 (about $33 per square foot).
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