Foreclosures in Long Prairie, MN 56347

Current Market Conditions in Long Prairie, MN

The current real estate market in Long Prairie is mixed, with demand for housing steadily remaining stable. Listings are seeing a healthy turn with an average time on the market of about 45 days. Home prices are still considered affordable compared to national averages, drawing buyers looking for value and community-oriented living.

Trends indicate an increase in interest from first-time homebuyers due to the low inventory of starter homes in the area. Long Prairie's attractive housing prices and community charm are expected to result in an uptick in market activity over the coming months.

Rent Prices In Long Prairie, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Long Prairie, MN, is on a rollercoaster ride. The average rent price in Long Prairie, MN, is $1,284.00. Indeed, when looking to rent in Long Prairie, MN, you can expect to pay as little as $570.00 or as much as $2,090.00, with the average rent median estimated to be $1,290.00. The good news is that finding an affordable and desirable property to rent in Long Prairie, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.