House Prices & Home Values Lucan, MN 2026
Average Data
| average house price | $143,500 |
| average size per house | 1871 ft² |
| average price per ft² | 77 $ / ft² |
04/04/2026 -
The value range (VR) for house prices in Lucan, MN is $62/ sqft to $62/ sqft. An average home with 1871 sqft costs approximately $116,002 to $116,002. Lucan, MN includes 1 ZIP codes and it is located in Redwood county.
The lowest prices are found in ZIP 56255, while the highest are in ZIP 56255. The average price per sqare feet is $77. Our analysis is based on 20 property listings.
Avergage prices by ZIP codes Lucan
Historical development of home values in Lucan
| Year |
Estimated value (USD) |
Change vs. 2025 |
| 2010 |
$66,644 |
-53.6% |
| 2011 |
$64,067 |
-55.4% |
| 2012 |
$63,894 |
-55.5% |
| 2013 |
$66,283 |
-53.8% |
| 2014 |
$69,578 |
-51.5% |
| 2015 |
$73,149 |
-49.0% |
| 2016 |
$76,967 |
-46.4% |
| 2017 |
$81,121 |
-43.5% |
| 2018 |
$85,606 |
-40.3% |
| 2019 |
$89,575 |
-37.6% |
| 2020 |
$94,206 |
-34.4% |
| 2021 |
$107,149 |
-25.3% |
| 2022 |
$124,912 |
-13.0% |
| 2023 |
$131,725 |
-8.2% |
| 2024 |
$139,346 |
-2.9% |
| 2025 |
$143,500 |
0.0% |
Graph: estimated home values in Lucan over time (USD)
Example: 100% financing house in Lucan
Loan amount:
$143,500
Interest rate:
6.00%
Fixed monthly payment:
$860.36
Breakdown in the 1st month:
Interest portion:
$717.50 –
Principal portion:
$142.86
Yearly breakdown (100% financing)
| Year |
Interest per year ($) |
Principal per year ($) |
Remaining balance at year-end ($) |
| 1 |
$8,562.06 |
$1,762.20 |
$141,737.80 |
| 2 |
$8,453.37 |
$1,870.89 |
$139,866.92 |
| 3 |
$8,337.98 |
$1,986.28 |
$137,880.64 |
| 4 |
$8,215.47 |
$2,108.79 |
$135,771.85 |
| 5 |
$8,085.41 |
$2,238.85 |
$133,533.00 |
| 6 |
$7,947.32 |
$2,376.94 |
$131,156.06 |
| 7 |
$7,800.72 |
$2,523.54 |
$128,632.52 |
| 8 |
$7,645.07 |
$2,679.19 |
$125,953.33 |
| 9 |
$7,479.82 |
$2,844.44 |
$123,108.89 |
| 10 |
$7,304.38 |
$3,019.88 |
$120,089.02 |
| 11 |
$7,118.12 |
$3,206.14 |
$116,882.88 |
| 12 |
$6,920.38 |
$3,403.88 |
$113,479.00 |
| 13 |
$6,710.43 |
$3,613.83 |
$109,865.17 |
| 14 |
$6,487.54 |
$3,836.72 |
$106,028.45 |
| 15 |
$6,250.90 |
$4,073.36 |
$101,955.09 |
| 16 |
$5,999.66 |
$4,324.60 |
$97,630.50 |
| 17 |
$5,732.93 |
$4,591.33 |
$93,039.17 |
| 18 |
$5,449.75 |
$4,874.51 |
$88,164.66 |
| 19 |
$5,149.10 |
$5,175.16 |
$82,989.50 |
| 20 |
$4,829.91 |
$5,494.35 |
$77,495.15 |
| 21 |
$4,491.03 |
$5,833.23 |
$71,661.91 |
| 22 |
$4,131.25 |
$6,193.01 |
$65,468.90 |
| 23 |
$3,749.28 |
$6,574.98 |
$58,893.92 |
| 24 |
$3,343.75 |
$6,980.51 |
$51,913.40 |
| 25 |
$2,913.20 |
$7,411.06 |
$44,502.35 |
| 26 |
$2,456.10 |
$7,868.16 |
$36,634.19 |
| 27 |
$1,970.81 |
$8,353.45 |
$28,280.74 |
| 28 |
$1,455.59 |
$8,868.67 |
$19,412.07 |
| 29 |
$908.59 |
$9,415.67 |
$9,996.41 |
| 30 |
$327.85 |
$9,996.41 |
$0.00 |
Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment
over the entire term. Extra payments, interest rate changes, and additional purchase costs
(e.g. taxes, notary fees) are not included.
How to sell in Lucan, MN
| 1500 sqft | 3900 sqft |
| Ø selling price | $139,756 | $297,297 | | Ø fast selling | $127,051 | $267,568 | | Ø high price sale | $152,460 | $327,027 |
In 2026, houses in Lucan, MN will be offered at an average price of $77 per square foot. A 1,500 sqft home priced at $139,756 is 25.09% more expensive per square foot than a 3,900 sqft home priced at $297,297.
Home prices in Lucan, MN vary significantly depending on the neighborhood and location.
For a quick sale, a 2,700 sqft home should be listed at around $205,822.
Sellers who can wait longer may achieve a higher price of up to $251,560.
Lucan, MN: Small-Town Charm in Redwood County
Lucan, MN is a small rural community in southwestern Minnesota known for friendly neighborhoods and open skies.
Located in Redwood County, Lucan sits amid productive farmland and prairies that define the region?s agricultural heritage.
Visitors and residents appreciate the quiet pace of life, affordable living, and a close-knit, volunteer-driven spirit.
Things to Do and Local Lifestyle
Popular activities around Lucan Minnesota include seasonal festivals, youth sports, and community gatherings at local parks and halls.
The surrounding countryside offers opportunities for hunting, fishing on nearby lakes and rivers, birdwatching, and snowmobiling when winter arrives.
Small businesses and farm services form the backbone of the local economy, while larger shopping and healthcare options are a short drive away in regional hubs like Redwood Falls or Marshall.
Travel, Weather, and Practical Tips
Drivers typically reach Lucan, MN via well-maintained county roads that connect to state highways serving southwest Minnesota.
The area experiences four distinct seasons, with warm summers for outdoor work and recreation and snowy winters that create classic northern landscapes.
Housing tends to be budget-friendly compared with big-city markets, making living in Lucan attractive for families, retirees, and remote workers seeking space and quiet.
Whether you are searching for things to do, planning a move, or exploring real estate and history, Lucan Minnesota delivers small-town charm with easy access to broader amenities.
FAQ – Home Values in Lucan
What is the median home value in Lucan in 2026?
In 2026, the typical home value in
Lucan is about
$143,500 for an average home size of
1871 square feet. This corresponds to an average
price of roughly $77 per square foot.
What is the average cost per square foot in Lucan?
In 2026, homes in
Lucan sell for an average of around
$77 per square foot, with a typical range
between $62 and
$62 per square foot, depending on the property’s
location, condition, and lot size.
What is the average home size in ?
The average home size in Lucan is about
1871 square feet, with an estimated
2026 value around
$143,500.
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