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Tyler, MN—56178

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$172,000
1.2% YoY Growth
Household Income
$81,700
53.4% YoY Growth
Days on Market
129
23.0% Longer YoY
Home Price Forecast
N/A
Median Rent
$657
94.0% YoY Growth
1-Bed Rent
$657
23.7% YoY Growth
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,400
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Tyler, MN

Tyler, MN lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$172,0001.2%
Single Family $171,0001.8%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
N/AN/A
  • Affordability
  • Rentals and Section 8
    • 2 Bed
    N/A
    N/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    1 Bedroom
    3.8%
    2 Bedrooms
    24.2%
    3 Bedrooms
    33.2%
    4 Bedrooms
    28.1%
    5+ Bedrooms
    10.8%

    Rental Trends — Tyler, MN

    As of July '25, Rentcast reports the average rent in Tyler, MN is $1,030, with a year-over-year rent change of 94.0%. Per bedroom, the median rent as of July '25 in Tyler, MN is 1-bedrooms: $657, 3-bedrooms: $1,400. The most common rental property sizes in Tyler, MN are 2-bedroom and 3-bedroom, accounting for 57.7% and 23.1% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$657$1,030
    Studio Rent N/AN/A
    1 Bed Rent $657$657
    2 Bed Rent N/AN/A
    3 Bed Rent $1,400$1,400
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    10.8%
    2 Bedrooms
    57.7%
    3 Bedrooms
    23.1%
    5+ Bedrooms
    8.5%

    Property Listings — Tyler, MN

    As of Dec '25, Realtor.com reports that the median days on market for a home in Tyler, MN is 107. This is a increase of 9.0% from last year, suggesting that homes are sitting on the market longer 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$225,00026.0%
    Listing Count
    		5-52.0%
    Listings as % of Homes0.7%-52.0%
    Days on Market
    		12923.0%
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    Demographics — Tyler, MN

    As of the latest ACS Survey released in 2023, Tyler, MN has a population of 1,670, which has decreased by -12.7% over the past 5 years. Tyler, MN is a moderately popular place for families, as children make up 25.0% of the population. The area has a moderately educated workforce, with 26.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.9% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		1,670-12.7%
    % Under 18
    		25.0%-5.7%
    % Seniors
    		19.8%-18.9%
    % WFH
    		13.9%65.5%
    % w/ College Degree
    		26.7%18.1%
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    As of the latest ACS Survey released in 2023, Tyler, MN is a predominantly white area, with 94.7% of the population identifying as white. The white population has shrunk by 0.3% in the last 5 years. The second most common race or ethnicity in Tyler, MN is hispanic, making up 2.3% of the population. Foreign-born residents account for 0.4% of the population in Tyler, MN, and this percentage has decreased by 55.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		94.7%-0.3%
    % Black
    		0.0%-100.0%
    % Hispanic
    		2.3%-4.2%
    % Asian
    		0.4%-20.0%
    % Foreign Born
    		0.4%-55.6%
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    Mortgage and Risk — Tyler, MN

    According to HUD data as of 2023, there were 52 mortgage originations in Tyler, MN, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Tyler, MN. Investor activity is low, as 0.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		52
    % Conventional Loans
    		75.0%
    % Government Loans
    		25.0%
    % Investor Loans
    		0.0%
    % Second Loans
    		4.0%
    % Cash Out Refinance
    		4.0%
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    Rentals and Section 8 — Tyler, MN

    Tyler, MN lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		24
    Total Units Section 8
    		18
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		61.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$73$657$730
    2 BedroomN/AN/A$930
    3 Bedroom-$170$1,400$1,230
    4 BedroomN/AN/A$1,370

    Affordability — Tyler, MN

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio1.9
    Median Home Price$172,000
    Median Household Income$81,700

    Tyler, MN — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Ruthton, MN

    56170

    Russell, MN

    56169

    Lynd, MN

    56157

    Balaton, MN

    56115

    Ghent, MN

    56239

    Frequently Asked Questions