Alborn, MN Foreclosures
How much do homes sell for in Alborn, MN?
The average home price is currently $260,943.
In Alborn, MN, how many homes are available?
There are currently 1 active home listings available in Alborn.
What’s the average rental cost in Alborn, MN?
The average rental price in Alborn is $1,387.
What is the most expensive home in Alborn?
The most expensive home sold in Alborn had a price of $825,362.
What is currently the cheapest priced home in Alborn, MN?
The cheapest home for sale in Alborn is priced at $19,251.
Living in Alborn, MN
Alborn, Minnesota, is a charming rural community nestled in Saint Louis County, offering a peaceful lifestyle surrounded by nature. Residents appreciate a close-knit atmosphere, outdoor recreational opportunities, and a community that values connection and tranquility. With access to nearby lakes and forests, Alborn is perfect for nature lovers and those seeking a simpler way of life.
Current Market Conditions in Alborn, MN
The real estate market in Alborn, MN, has shown signs of stability, with a steady demand for homes in the area. The combination of natural beauty and affordability has drawn attention from buyers looking for second homes or peaceful retreats. Properties in Alborn tend to have a moderate turnover rate, reflecting the preference of many residents to stay in the area due to its quality of life.
While the overall housing inventory remains limited, there is an increasing interest in acquiring land for new homes. Buyers are often drawn to Alborn's attractive landscapes and peaceful environment, resulting in competitive pricing for available homes. As more people embrace remote work and prioritize rural living, Alborn is expected to continue gaining traction within the real estate market.
Home Value Estimator For Alborn, MN
There are currently 317 real estate properties
in Alborn, MN,
with a median automated valuation model (AVM) price
of $242,368.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Alborn, 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 Alborn, MN,
is $260,943.00, with the most expensive house
in Alborn, MN, topping out
at $825,362.00 and the cheapest home
in Alborn, MN,
clocking in at $19,251.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Alborn, MN!
Rent Prices
In Alborn, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Alborn, MN, is on
a rollercoaster ride. The
average rent price in Alborn, MN,
is $1,387.00. Indeed, when looking to rent in
Alborn, MN, you can expect to pay as little
as $750.00 or as much
as $2,640.00,
with the average rent median estimated to
be $1,280.00. The good news is that finding
an affordable and desirable property to rent in Alborn, 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.
Learn more on Foreclosure homes
