A typical Lynn home is worth roughly $349,000
Home prices around Lynn have risen about 47% over the past 5 years.
What kind of housing town is Lynn?
Read from the numbers below. The page puts what stands out first.
92% of Lynn households own their home
Half of Lynn’s homes were built before 1969.
Minnesota: 72% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Home prices up 47% in 5 years
The federal house price index for the ZIP codes around Lynn rose 47% over the past 5 years, faster than across Minnesota (37%). Last year prices rose 0.7%.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Lynn, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
What it takes to buy in Lynn
Try your own numbers below.
That’s $8K short of a typical Lynn home.
A two-bedroom rents for about $1,020 a month here, $1,110 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Minnesota typical property tax (1.02% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,020
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (McLeod County, MN): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Lynn vs. its neighbors
Lynn is the 2nd least expensive of 3 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Lynn | $349K* | +0.7%† | $1,020 | — | $102,500 |
| Hutchinson | $230K* | +0.8%† | $1,030 | 104 | $72,836 |
| Acoma | $426K* | +0.8%† | $1,030 | — | $126,250 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Lynn buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.