Lyon County Homes under $400,000

Welcome to Lyon County, Minnesota, a hidden gem that beautifully blends small-town charm with the vibrancy of modern living. Nestled in the heart of the state, Lyon County offers a rich tapestry of natural beauty, community spirit, and endless opportunities for outdoor adventures. With its picturesque landscapes, including serene lakes and lush parks, this region is perfect for those who appreciate the great outdoors.

Lyon County is home to a diverse range of amenities, from local shops and family-owned restaurants to cultural attractions and recreational facilities. The county boasts excellent schools, making it an ideal place for families to put down roots. With a friendly, welcoming atmosphere, residents enjoy a strong sense of community, making it easy to forge lasting connections with neighbors and friends.

For homebuyers seeking affordability without sacrificing quality, Lyon County presents an impressive selection of homes under $400,000. Whether you’re looking for a cozy starter home, a charming bungalow, or a spacious family residence, you’ll find a variety of options that cater to different lifestyles and preferences. Many of these homes feature modern amenities, generous yards, and convenient access to local parks and schools, ensuring that you can enjoy both comfort and convenience.

Discover the perfect blend of rural tranquility and urban convenience in Lyon County, MN. With its affordable housing options and vibrant community, it’s no wonder that so many are choosing to call this charming county home. Explore your future in Lyon County today!

Newest Lyon County Homes under $400,000

$237,500

ACTIVE Status ⋅ 6 Beds ⋅ 3 Baths ⋅ 7151815 MLS ⋅ 2,536 SqFt.

Enjoy the best of country living with this spacious 6-bedroom, 3-bathroom home situated on 8.7 acres just off a tar road. Surrounded by beautiful mature trees and a well-maintained lawn, this property offers plenty of space, privacy, and room to enjoy the outdoors. Inside, you’ll find an updated kitchen with plenty of space for cooking and entertaining. The inviting living area features a propane fireplace, creating a warm and comfortable gathering space. The primary bedroom offers a private bath and walk-in closet for added comfort and convenience. A new patio door provides easy access to the outdoor space and allows plenty of natural light into the home. The property also includes an attached 2-car garage plus a shed for additional storage. With six bedrooms, three bathrooms, generous living space, and 8.7 acres to enjoy, this is a wonderful opportunity for anyone looking for room to spread out while still being conveniently located just off a tar road. Come take a look and see all this acreage has to offer!

1567 County Road 7, Balaton

Listing courtesy of Full Circle Realty Group.

$190,000

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7155152 MLS ⋅ 1,978 SqFt.

Move-in ready and packed with updates! This charming 2-story home offers 4 bedrooms, 1½ baths, and plenty of space both inside and out. The main floor features a comfortable bedroom, while three additional bedrooms are located upstairs. You’ll love the enclosed front porch with its vaulted ceiling—a perfect spot to relax and enjoy your morning coffee. The home has been thoughtfully updated with numerous improvements, including a remodeled kitchen (2023), bathroom remodel (2022), new shingles on the home and garage (2023), boiler (2024), water heater (2025), plumbing and electrical upgrades (2020–2024), spray foam insulation (2022–2023), radon mitigation system (2020), and concrete improvements (2021). Situated on a double 100' x 165' lot, the property offers an exceptional outdoor setting with extensive landscaping, a spacious back deck, stamped concrete patio, and a hot tub—perfect for relaxing or entertaining. The 20' x 20' detached garage provides excellent space for parking, storage, or hobbies. With its spacious layout, extensive updates, great outdoor spaces, and move-in-ready condition, this home is ready for its next owner!

230 1st Street, Balaton

Listing courtesy of Creative Three, Inc..

$142,500

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7154279 MLS ⋅ 923 SqFt.

Welcome home to this accessible and quaint property located in the heart of Minneota. All living amenities are on the main floor, including two bedrooms, one bathroom, laundry, and an open layout between the living room and kitchen. There is a one-stall attached garage with a storage area, plus a detached two-stall garage off the alley with utilties connected for potential heater. You will love how low maintenace this property is with composite decking, updated landscaping, newer roof, and so much more! Call to schedule your showing today!

403 N Madison Street, Minneota

Listing courtesy of Full Circle Realty Group.

$199,000

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7155581 MLS ⋅ 2,340 SqFt.

Step back in time and experience the charm of this beautifully preserved Victorian style home offering 4 Bedrooms, 2 bathroom and an exceptional blend of historic character and modern comfort. Built in the early 1900's, this stunning property showcases exquisite craftsmanship, including original woodwork, a striking Bannister staircase and rich details throughout. The upper-level features 4 spacious bedrooms and a full bathroom, providing plenty of room for family or guests. The main floor features a modern kitchen, formal dining room and a very spacious living room. The modern great room is sure to impress with an open layout, vaulted ceilings, cozy fireplace and an abundance of natural light from large windows. Enjoy your morning coffee or entertain in the evening in the private, well-shaded backyard. A newer composited deck and large Gazebo create the perfect outdoor retreat. The property also includes a second garage offering additional parking and overhead storage-- ideal for hobbies, vehicles or extra space. A rare opportunity to own a timeless Victorian home where history and modern living come together seamlessly.

136 North Street, Tracy

Listing courtesy of Real Estate Retrievers LLC.

$210,000

ACTIVE Status ⋅ 3 Beds ⋅ 3 Baths ⋅ 7153405 MLS ⋅ 2,182 SqFt.

Lots of main-floor living, natural light, and a great backyard! This beautifully maintained ranch-style home is located near the Tracy Aquatic Center and offers 2,182 sq. ft. on the main floor with 3 bedrooms, 2 bathrooms, multiple living areas, and an attached garage. The private owner’s suite features a full bath with dual sinks. A finished shop area behind the garage adds flexible space for a workshop, hobbies, or bonus room. The unfinished basement houses the laundry and an additional ¾ bath with shower. Quality upgrades include a ProVia Legacy front door, GenStone wainscoting, steel siding, Andersen windows, Gutter Helmet, Hunter Douglas blinds, and comfort-height toilets. Additional updates include re-insulation and shingles in 2010, furnace in 2013, water heater in 2023, and a city-compliant sewer main completed and paid in full in 2026. Outside, a 255 sq. ft. composite deck and cement patio overlook the spacious backyard. All appliances are included. With generous main-floor space, quality updates, and a layout that has been exceptionally well cared for.

207 E Hollett Street, Tracy

Listing courtesy of Edina Realty, Inc..

$289,000

ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7153497 MLS ⋅ 1,690 SqFt.

Enjoy comfortable, low-maintenance living in this spacious 2 bedroom condo offering 1,690 sq. ft. of living space. The primary bedroom has an attached bathroom with a walk in closet. The generous layout offers plenty of room to relax and entertain, while the condo association takes care of the lawn and snow removal, making it easy to enjoy a carefree lifestyle. New water heater, new water softener, newer furnace and the garage floor was just redone. Whether you're looking to simplify, downsize, or simply enjoy the convenience of condo living, this well-located Marshall condo is ready to welcome you home!

1106 Devito Street Unit 6, Marshall

Listing courtesy of Marshall Area Homes.

$323,000

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7148822 MLS ⋅ 1,922 SqFt.

Ready for less maintenance without giving up the space you love? This hard-to-find 3-bedroom, 2-bath condo in the Village of On Golden Pond offers comfortable living, a 2-car attached garage, and a peaceful setting with beautiful pond views. Inside, you'll find spacious living & dining areas that flow into the kitchen, offering plenty of cabinet and counter space. The primary suite is thoughtfully separated from the additional bedrooms, providing added privacy, & features a large walk-in closet & recently remodeled ¾ bath with a zero-entry shower. Two additional bedrooms and a full bath offer flexibility for overnight guests, a home office, hobbies, or whatever suits your lifestyle. One of the highlights of the home is the inviting family room, where large windows provide wonderful views of the pond & create a relaxing space to unwind. Step outside to the patio to enjoy your morning coffee, an evening outdoors, or simply take in the beautifully maintained flowers & peaceful surroundings. With the space you want, the convenience of condo living, & a setting you'll love coming home to, this one is worth a look. Take a look, this could be your next home sweet home!

1112 Travis Road, Marshall

Listing courtesy of Edina Realty, Inc..

$199,900

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7150766 MLS ⋅ 1,519 SqFt.

Welcome home to this three-bedroom, two-bathroom property located just a block away from Freedom Park. You will appreciate having three bedrooms all on one level with a full bathroom. The main floor features a living room, kitchen, and dining space with patio doors to the large backyard. The basement includes an additional bathroom and the family room. Outside, enjoy the fresh curb appeal, a fenced-in yard with a storage shed, plus an outdoor dog kennel on the backside of the garage for those furry friends of yours. Call today to set up your showing!

104 W Thomas Avenue, Marshall

Listing courtesy of Full Circle Realty Group.

$39,900

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7150779 MLS ⋅ 1,144 SqFt.

225 Union Street in Tracy offers 2 bedrooms, 1 bathroom, and a detached 2-car garage. Recent improvements include new roofs on both the house and garage in August 2026, fresh paint on the garage, and three new windows.

225 Union Street, Tracy

Listing courtesy of EXIT Realty - Great Plains.

$215,000

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7148129 MLS ⋅ 2,511 SqFt.

This well cared for home offers comfortable living with spacious master bedroom featuring a large walk-in closet. The main floor includes a convenient laundry and plenty of functional living space. Upstairs, you’ll find two additional bedrooms, providing room for family, guest, or a home office. Outside the property offers a detached two car garage, providing extra parking and storage. Take the time to see all this home has to offer!

425 Hollett Street, Tracy

Listing courtesy of Murrayland Agency, Inc..

$133,500

ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7141549 MLS ⋅ 1,383 SqFt.

Welcome to 124 E [Street Name] in Tracy! This 2-bedroom, 2-bathroom single-family home features a functional layout and inviting living spaces. The main level offers a living room, kitchen, two bedrooms and a full bathroom. The finished basement adds valuable living space along with a second full bathroom, providing flexibility for additional living, recreation or storage needs. A detached garage offers convenient parking and additional storage. With a practical floor plan and space on both levels, this Tracy home offers a variety of possibilities for its next owner.

124 E Emory Street, Tracy

Listing courtesy of Edina Realty, Inc..

$295,000

ACTIVE Status ⋅ 5 Beds ⋅ 2 Baths ⋅ 7148740 MLS ⋅ 2,778 SqFt.

This beautifully maintained 5-bedroom, 2-bathroom home offers the rare combination of historic charm and modern peace of mind. Major improvements made while at the same time preserving it’s original character include 30-year shingles installed in 2018, updated boiler and central air systems, replaced sewer and water lines, refreshed exterior paint, low-maintenance composite decking, a converted gas fireplace, and updated GE Slate kitchen appliances. Situated on a large corner lot with a drive-through driveway, attached garage, and rare underground tandem garage featuring an original fireproof door, the home showcases stunning original woodwork, pocket French doors, abundant built-ins, and beautifully refinished oak and maple hardwood floors protected with a durable gymnasium-grade finish. Thoughtfully updated custom kitchen was designed to complement the home's original character, while multiple living spaces, a sunroom, den/hearth room, formal dining room, four upstairs bedrooms, bonus room, screened porch, and exceptional storage provide space to live, gather, and grow. Surrounded by mature trees, perennial gardens, and beautiful landscaping, this distinctive property blends timeless craftsmanship with meaningful modern updates, creating a home that is as practical as it is charming.

501 E Lyon Street, Minneota

Listing courtesy of Edina Realty, Inc..

Start Your Search

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.