Adams, MN Foreclosures
How much do homes sell for in Adams, MN?
The average home price is currently $438,005.
In Adams, MN, how many homes are available?
There are currently 1 active home listings available in Adams.
What’s the average rental cost in Adams, MN?
The average rental price in Adams is $1,393.
What is the most expensive home in Adams?
The most expensive home sold in Adams had a price of $4,821,650.
What is currently the cheapest priced home in Adams, MN?
The cheapest home for sale in Adams is priced at $20,520.
Living in Adams, MN
Nestled in the heart of Mower County, Adams, MN is a quaint town known for its friendly community and beautiful rural landscapes. The surrounding area is perfect for outdoor activities, offering residents a serene environment to enjoy life. With an array of local amenities and a strong sense of community, Adams is ideal for those seeking a smaller-town experience.
Current Market Conditions in Adams, MN
The real estate market in Adams is currently stable, with a modest number of homes available for sale. The town's affordable home prices attract both first-time buyers and those looking to downsize. In recent months, the inventory has remained relatively consistent, with a slight uptick in buyer interest, particularly among families looking for a quiet place to live.
As of late 2023, the trend towards remote work has increased interest in rural areas like Adams, where home prices remain below the national average, making it an attractive option for many buyers. The market is gradually leaning towards a seller's advantage due to limited options, but prices remain accessible.
Home Value Estimator For Adams, MN
There are currently 591 real estate properties
in Adams, MN,
with a median automated valuation model (AVM) price
of $255,839.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Adams, 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 Adams, MN,
is $438,005.00, with the most expensive house
in Adams, MN, topping out
at $4,821,650.00 and the cheapest home
in Adams, MN,
clocking in at $20,520.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Adams, MN!
Rent Prices
In Adams, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Adams, MN, is on
a rollercoaster ride. The
average rent price in Adams, MN,
is $1,393.00. Indeed, when looking to rent in
Adams, MN, you can expect to pay as little
as $600.00 or as much
as $2,960.00,
with the average rent median estimated to
be $1,310.00. The good news is that finding
an affordable and desirable property to rent in Adams, 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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