Lengby, MN Foreclosures
How much do homes sell for in Lengby, MN?
The average home price is currently $275,805.
What’s the average rental cost in Lengby, MN?
The average rental price in Lengby is $1,109.
What is the most expensive home in Lengby?
The most expensive home sold in Lengby had a price of $1,257,800.
What is currently the cheapest priced home in Lengby, MN?
The cheapest home for sale in Lengby is priced at $40,600.
Living in Lengby, MN
Lengby, Minnesota, is a charming small town nestled in the heart of the Minnesota countryside. It offers a peaceful, community-oriented lifestyle with easy access to beautiful natural landscapes. Residents appreciate the local amenities, including parks and recreational facilities, which enhance the town's small-town charm.
Current Market Conditions in Lengby, MN
The real estate market in Lengby, MN, is currently stable with a healthy balance of buyers and sellers. Homes typically sell within 30 to 60 days, and prices show a modest increase year-over-year. The demand for homes in small, rural towns like Lengby is growing as more individuals seek peaceful living environments away from urban crowds.
Prices in Lengby are generally reasonable, making it an attractive option for first-time homebuyers and those looking to retire in a quiet, scenic location. The market is characterized by a variety of property types ranging from historic homes to modern constructions, catering to diverse preferences.
Home Value Estimator For Lengby, MN
There are currently 328 real estate properties
in Lengby, MN,
with a median automated valuation model (AVM) price
of $230,253.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lengby, 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 Lengby, MN,
is $275,805.00, with the most expensive house
in Lengby, MN, topping out
at $1,257,800.00 and the cheapest home
in Lengby, MN,
clocking in at $40,600.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lengby, MN!
Rent Prices
In Lengby, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lengby, MN, is on
a rollercoaster ride. The
average rent price in Lengby, MN,
is $1,109.00. Indeed, when looking to rent in
Lengby, MN, you can expect to pay as little
as $570.00 or as much
as $1,880.00,
with the average rent median estimated to
be $1,050.00. The good news is that finding
an affordable and desirable property to rent in Lengby, 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.