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Foreclosure Homes in Lilydale, MN

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Top Reasons To Live In Lilydale, MN In 2024

Lilydale is located in Dakota, Minnesota, with an estimated municipal population of 846 residents. All of the best foreclosed homes for sale in Lilydale are located in the following zip code areas on Foreclosure.com: 55118. The estimated population per square kilometer (.62 miles) in Lilydale is 587.


Cost Of Living In Lilydale, MN

So, about how much do homes cost in Lilydale? The most recent median value of resident-owned homes in Lilydale is 378,154. An estimated 45.9 percent of households in Lilydale own their homes, with an average family size of 2.21. The median household income in Lilydale is 72,054, with34.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lilydale, the median commute time of resident workers (in minutes) is 28.2. And last, but certainly not least, are you looking for homes to rent in Lilydale? If so, the average rent price paid by renters in Lilydale is 1,998, according to recent statistics.


Diversity And Demographics In Lilydale, Minnesota

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Lilydale, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Lilydale is 70.9, split between 38.2 percent male versus 61.8 female. The percentage of residents who report being married in Lilydale is 50.3, with an average family size of 2.21.

The percentage of residents who report their race in Lilydale is as follows:

White 96.2%
Black / African American 0.3%
Asian 1.7%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.1%
Other 0.5%

Looking for family-friendly neighborhoods in and/or near Lilydale? Or maybe you are searching for 55+ active adult communities in and/or near Lilydale?

The percentage of residents who report their age in Lilydale is as follows:

Under 10 2.8%
Aged 10-19 2.5%
20s 3.1%
30s 7.1%
40s 3.1%
50s 9.6%
60s 20%
70s 25.5%
80+ 26.5%

Best Schools In Lilydale, Minnesota

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Lilydale with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Lilydale.


Pros And Cons Of Living In Lilydale, Minnesota

How do you know that living in -- or moving to -- Lilydale is right where you need to be? Perhaps you grew up in Lilydale or already live nearby; therefore, the decision to buy a home in Lilydale is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Lilydale for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Lilydale:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Lilydale.


Reasons To Move To Lilydale, Minnesota, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Lilydale can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Lilydale, meanwhile, can field multiple offers from more qualified buyers.

Lilydale, MN Foreclosures


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