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Lilydale housing market, May 2026

Past report · Minneapolis Area REALTORS® Local Market Update · current as of June 5, 2026. See the newest report (September 2026)

  • Median sale price$295K— vs. May 2025
  • Homes sold3— vs. May 2025
  • Days on market82May 2026
  • Months of supply1.1end of May 2026

The short version

Lilydale in May 2026

In May 2026, 3 homes sold in Lilydale, against 0 in May 2025.

The median sale price was $295,000, and homes spent 82 days on market, with sellers receiving 99.7% of their original list price.

The month ended with 2 homes for sale, 1.1 months of supply (a seller’s market by the usual measure).

Over the 12 months through May 2026, the median was $315,000 (down 22.7%) across 14 sales.

Only 3 homes sold here in May 2026, so this month's numbers can swing a lot. The 12-month figures are steadier.

Median sale price by month through May 2026, Lilydale
0500k1000k1500kNov 2024Apr 2025Jul 2025Sep 2025Jan 2026May 2026$253,700Nov 2024$253,700Dec 2024$407,500Apr 2025$529,000Jun 2025$240,000Jul 2025$425,000Aug 2025$895,000Sep 2025$292,450Dec 2025$725,000Jan 2026$680,000Mar 2026$205,000$295,000May 2026$295,000

Single months can swing when few homes sell.

Show as a table
YearMedian price
Nov 2024$253,700
Dec 2024$407,500
Apr 2025$529,000
Jun 2025$240,000
Jul 2025$425,000
Aug 2025$895,000
Sep 2025$292,450
Dec 2025$725,000
Jan 2026$680,000
Mar 2026$205,000
May 2026$295,000

All the numbers

Lilydale, May 2026 vs. May 2025

May 202612 months through May 2026
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price—$295,000—$407,500$315,000−22.7%
Average sale price—$292,167—$598,200$485,457−18.8%
Price per square foot—$207—$257$224−12.8%
Closed sales03—1314+7.7%
New listings24+100.0%2623−11.5%
Days on market—82—50135+170.0%
% of original list price received—99.7%—97.7%94.6%−3.2%
Homes for sale (end of month)72−71.4%———
Months of supply5.31.1−79.2%———
Twin Cities region, median price$395,000$399,000+1.0%$385,000$390,000+1.3%

Source: Minneapolis Area REALTORS® Local Market Update, Lilydale, May 2026. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of June 5, 2026. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size.

Quick answers

Lilydale in May 2026: questions

What was the median home price in Lilydale, MN in May 2026?

$295,000, from 3 sales, according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data). With so few sales, a single month can swing a lot; the 12-month median was $315,000.

How many homes sold in Lilydale, MN in May 2026?

3, against 0 in May 2025. 4 new listings came on the market that month.

Was Lilydale a buyer's or seller's market in May 2026?

Lilydale ended May 2026 with 1.1 months of supply (2 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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