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Rent To Own Homes in Blooming Prairie, MN

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Blooming Prairie, MN Foreclosures

How much do homes sell for in Blooming Prairie, MN?
The average home price is currently $342,437.
In Blooming Prairie, MN, how many homes are available?
There are currently 2 active home listings available in Blooming Prairie.
What’s the average rental cost in Blooming Prairie, MN?
The average rental price in Blooming Prairie is $1,411.
What is the most expensive home in Blooming Prairie?
The most expensive home sold in Blooming Prairie had a price of $5,038,782.
What is currently the cheapest priced home in Blooming Prairie, MN?
The cheapest home for sale in Blooming Prairie is priced at $56,066.

Living in Blooming Prairie, MN

Blooming Prairie is a quaint town in southeast Minnesota known for its strong sense of community and excellent public schools. With picturesque landscapes and a variety of outdoor activities, residents enjoy a relaxed lifestyle paired with small-town charm. The community hosts local events that enhance neighborly bonds and promote local businesses.

Current Market Conditions in Blooming Prairie, MN

The real estate market in Blooming Prairie has shown a steady trend of increasing home values over the past year. Listings are receiving multiple offers, indicating a competitive market. Potential homebuyers are advised to act swiftly when they find a property that meets their needs.

In the last month, there has been a noticeable uptick in home sales, with many transactions occurring at or above asking price. This surge is attributed to the influx of buyers looking for affordable homes in smaller communities.

Home Value Estimator For Blooming Prairie, MN

There are currently 1,231 real estate properties in Blooming Prairie, MN, with a median automated valuation model (AVM) price of $254,716.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Blooming Prairie, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Blooming Prairie, MN, is $342,437.00, with the most expensive house in Blooming Prairie, MN, topping out at $5,038,782.00 and the cheapest home in Blooming Prairie, MN, clocking in at $56,066.00. In other words, there’s something for every potential homebuyer or savvy investor in Blooming Prairie, MN!

Rent Prices In Blooming Prairie, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Blooming Prairie, MN, is on a rollercoaster ride. The average rent price in Blooming Prairie, MN, is $1,411.00. Indeed, when looking to rent in Blooming Prairie, MN, you can expect to pay as little as $650.00 or as much as $3,420.00, with the average rent median estimated to be $1,390.00. The good news is that finding an affordable and desirable property to rent in Blooming 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.

Blooming Prairie, MN Rent To Own Homes

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