The housing market in 55953 Lyle, MN is slightly below the national average. The median value of a home in 55953 Lyle, MN is $159,800 compared to the US House Median Value of $338,100. Although the US House Appreciation rate sits at 8.27%, House 1 year appreciation in 55953 Lyle, MN is 6.78%. This suggests that while there is still appreciation on homes in this area, it's not as high as other areas across the country.
The median home cost in Lyle (zip 55953) is $159,800. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Lyle (zip 55953) is up 11.4%.
Average Age of Homes
- The median age of Lyle (zip 55953) real estate is 63 years old
The Rental Market in Lyle (zip 55953)
- Renters make up 14.2% of the Lyle (zip 55953) population
- 0.0% of houses and apartments in Lyle (zip 55953), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.