Leota, MN Foreclosures
How much do homes sell for in Leota, MN?
The average home price is currently $162,961.
What’s the average rental cost in Leota, MN?
The average rental price in Leota is $1,104.
What is the most expensive home in Leota?
The most expensive home sold in Leota had a price of $376,458.
What is currently the cheapest priced home in Leota, MN?
The cheapest home for sale in Leota is priced at $71,379.
Living in Leota, MN
Leota, MN is a tranquil small town found in the heart of rural Minnesota. Known for its strong community spirit and beautiful landscapes, it offers a peaceful lifestyle with a variety of outdoor activities. Residents appreciate the local amenities while enjoying easy access to larger urban centers for additional conveniences.
Current Market Conditions in Leota, MN
The Leota real estate market is stable, showing gradual growth over the past few months. Home prices are relatively affordable compared to larger urban areas, making it attractive for first-time homebuyers and retirees seeking peaceful living.
Despite being a small town, there is a steady demand for homes as people continue to seek out locations away from the hustle and bustle of city life, thus maintaining a balanced market for buyers and sellers.
Home Value Estimator For Leota, MN
There are currently 94 real estate properties
in Leota, MN,
with a median automated valuation model (AVM) price
of $160,890.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Leota, 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 Leota, MN,
is $162,961.00, with the most expensive house
in Leota, MN, topping out
at $376,458.00 and the cheapest home
in Leota, MN,
clocking in at $71,379.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Leota, MN!
Rent Prices
In Leota, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Leota, MN, is on
a rollercoaster ride. The
average rent price in Leota, MN,
is $1,104.00. Indeed, when looking to rent in
Leota, MN, you can expect to pay as little
as $790.00 or as much
as $1,480.00,
with the average rent median estimated to
be $1,060.00. The good news is that finding
an affordable and desirable property to rent in Leota, 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.
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