Lyle, MN—55953
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lyle, MN
As of Oct '25, the median home price in Lyle, MN is $201,000, with a year-over-year change of 9.5%. This indicates that home prices in Lyle, MN are increasing. According to Zillow, the 1-year price projection is 3.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $201,000 | 9.5% |
| Single Family | $201,000 | 9.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $223,000 | 8.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lyle, MN
Lyle, MN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Lyle, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Lyle, MN is 48. This is a decrease of -44.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $99,900 | 12.0% |
Listing Count | 4 | -10.0% |
| Listings as % of Homes | 0.5% | -10.0% |
Days on Market | 48 | -44.0% |
Demographics — Lyle, MN
As of the latest ACS Survey released in 2023, Lyle, MN has a population of 918, which has increased by 11.7% over the past 5 years. Lyle, MN is a popular place for families, as children make up 25.1% of the population. The area has a poorly educated workforce, with 15.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 918 | 11.7% |
% Under 18 | 25.1% | -1.6% |
% Seniors | 20.2% | -15.8% |
% WFH | 7.3% | 563.6% |
% w/ College Degree | 15.5% | 0.6% |
As of the latest ACS Survey released in 2023, Lyle, MN is a predominantly white area, with 92.8% of the population identifying as white. The white population has grown by 3.2% in the last 5 years. The second most common race or ethnicity in Lyle, MN is hispanic, making up 1.6% of the population. Foreign-born residents account for 0.8% of the population in Lyle, MN, and this percentage has increased by 100.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.8% | 3.2% |
% Black | 0.0% | -100.0% |
% Hispanic | 1.6% | 23.1% |
% Asian | 0.3% | 200.0% |
% Foreign Born | 0.8% | 100.0% |
Mortgage and Risk — Lyle, MN
Lyle, MN lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Lyle, MN
Lyle, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 12 |
Total Units Section 8 | 12 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $750 |
| 2 Bedroom | N/A | N/A | $980 |
| 3 Bedroom | N/A | N/A | $1,250 |
| 4 Bedroom | N/A | N/A | $1,390 |
Affordability — Lyle, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $201,000 |
| Median Household Income | $66,700 |