Morgan, MN Foreclosures
How much do homes sell for in Morgan, MN?
The average home price is currently $270,460.
In Morgan, MN, how many homes are available?
There are currently 1 active home listings available in Morgan.
What’s the average rental cost in Morgan, MN?
The average rental price in Morgan is $1,046.
What is the most expensive home in Morgan?
The most expensive home sold in Morgan had a price of $4,648,722.
What is currently the cheapest priced home in Morgan, MN?
The cheapest home for sale in Morgan is priced at $25,793.
Living in Morgan, MN
Morgan, MN is a cozy small town known for its welcoming community and scenic surroundings. Ideal for families, Morgan offers a range of outdoor activities and essential amenities while maintaining a laid-back lifestyle.
Current Market Conditions in Morgan, MN
The real estate market in Morgan, MN is currently experiencing a steady growth trend. Home prices have remained stable, with slight increases observed in recent months due to the demand for affordable housing in rural areas. More buyers are considering Morgan for its proximity to nature and small-town charm, creating interest in both homes and land parcels.
As remote work continues to be the norm, many families are looking for homes in peaceful settings like Morgan. This increasing demand is reflected in the limited inventory, leading to competitive bidding for properties. Overall, Morgan represents a promising market for first-time homebuyers and those looking to invest in a tranquil community.
Home Value Estimator For Morgan, MN
There are currently 525 real estate properties
in Morgan, MN,
with a median automated valuation model (AVM) price
of $149,476.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Morgan, 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 Morgan, MN,
is $270,460.00, with the most expensive house
in Morgan, MN, topping out
at $4,648,722.00 and the cheapest home
in Morgan, MN,
clocking in at $25,793.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Morgan, MN!
Rent Prices
In Morgan, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Morgan, MN, is on
a rollercoaster ride. The
average rent price in Morgan, MN,
is $1,046.00. Indeed, when looking to rent in
Morgan, MN, you can expect to pay as little
as $570.00 or as much
as $2,220.00,
with the average rent median estimated to
be $930.00. The good news is that finding
an affordable and desirable property to rent in Morgan, 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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