Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 8,831 ↑ 1.7% since 2020 |
| Median Household Income | $64,464 14% below national median |
| Median Home Value | $183,600 |
| Unemployment Rate | 3.5% |
| Median Age | 47.8 years |
| Housing Vacancy Rate | 31.0% |
| Total Land Sales (Past 12 Months) | 4 transactions |
| Active Listings | 183 properties |
| Avg Days on Market | 624 days |
Rural Land Sales (1+ Acres) (Nov 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $46,404 |
| Recent Sales | 2 transactions |
| Avg Days on Market | 67 days |
| Avg Parcel Size | 1.66 acres |
| Active Listings | 11 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Mar 2026New | 1.72 | $80,000 | $46,404 | 0 S O'Connell St | Marshall |
| Nov 2025 | 1.59 | $13,500 | $8,491 | 3594 State Highway 68 | Taunton |
Suburban/Urban Land Sales (Under 1 Acre) (Oct 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $170,000 |
| Recent Sales | 2 transactions |
| Avg Days on Market | 75 days |
| Avg Parcel Size | 0.76 acres |
| Active Listings | 172 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Address | City |
|---|---|---|---|---|
| Mar 2026New | 0.90 | $170,000 | 1350 Lisa Ln | Balaton |
| Oct 2025 | 0.61 | $23,500 | 243 Cottonwood Cv | Lynd |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 25,498 |
| Population (2020) | 25,269 |
| Population Growth | 0.91% |
| Median Household Income | $72,761 |
| Median Home Value | $193,100 |
| Total Housing Units | 11,252 |
| Vacant Housing Units | 1,249 |
| Housing Vacancy Rate | 11.1% |
| Median Age | 37.3 |
| Bachelor's Degree or Higher | 3,341 (13.1%) |
| Unemployment Rate | 3.5% |
Market Overview
Lyon County, Minnesota has a population of 25,498, which has grown 0.91% since 2020. The median household income is $72,761, below the national median of $74,580 by 2.4%. The housing vacancy rate of 11.1% suggests balanced market conditions. As part of Minnesota, Lyon County benefits from the state's growing interest in vacant land investment. Recent rural land sales show a median price of $8,491 per acre, with properties averaging 18.90 acres. There are currently 183 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Lyon County, Minnesota?
As of the 2023 American Community Survey, Lyon County has a population of 25,498. The county has grown 0.91% since the 2020 Census, indicating a growing community.
What is the median household income in Lyon County?
The median household income in Lyon County is $72,761, which is 2.4% below the national median of $74,580.
Is Lyon County growing or shrinking?
Lyon County is growing. The population has increased 0.91% since 2020.
What is the housing market like in Lyon County?
The median home value in Lyon County is $193,100. The housing vacancy rate is 11.1%, which suggests balanced market conditions. The unemployment rate is 3.5%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $8,491 per acre. Suburban/urban lots under 1 acre have a median lot price of $18,875.
Does Reelvest buy land in Lyon County, Minnesota?
Yes! Reelvest Properties buys vacant land throughout Minnesota, including Lyon County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.