Home Insurance in Lilydale, Minnesota
The median home value in Lilydale is $404,800, 6% higher than the Dakota County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Lilydale was built around 1986. About 3% of homes were built before 1960, about 8 points below Dakota County's 11%.
The housing stock in Lilydale is 22% single-family homes, 77% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
In Lilydale, about 51% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
About 56% of occupied homes in Lilydale are owner-occupied. The vacancy rate is 10%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
In Lilydale, 67% of homes are primarily heated with natural gas.
Dakota County's top FEMA-rated hazard is strong wind (Very High), per FEMA's National Risk Index. Dakota County had 189 active NFIP flood policies as of September 2026. See the full Dakota County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Minnesota, the statewide average premium for a standard HO-3 homeowners policy is $1,988 per year (NAIC, 2023 data).
Key figures
| Median home value | $404,800 |
|---|---|
| Median year built | 1986 |
| Owner-occupied share | 56% |
| Share of owner-occupied homes with a mortgage | 51% |
| Top county hazard | Strong Wind (Very High) |
| Active NFIP policies in Dakota County | 189 |
| Home insurance premium | $1,988 - statewide average (NAIC, 2023 data) |
Nearby towns
- Mendota Heights
- Mendota
- West St. Paul
- St. Paul
- Sunfish Lake
- South St. Paul
- Falcon Heights
- Inver Grove Heights
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)