Living in Angora, MN
Angora, MN, is a picturesque rural community nestled in Itasca County. Known for its friendly atmosphere, residents enjoy access to outdoor activities, quality education, and local amenities. The town's strong sense of community makes it an attractive location for families and nature enthusiasts alike.
Current Market Conditions in Angora, MN
The real estate market in Angora, MN, is currently experiencing steady growth, with home prices remaining relatively affordable compared to larger urban areas. Investors are increasingly attracted to the area, seeking opportunities in a market that offers excellent rental potential and a strong demand for homes due to its scenic surroundings and community spirit.
Trends indicate a rising interest in rural properties as more individuals and families seek refuge from urban congestion. This shift is creating a favorable environment for real estate investment, with opportunities for both short-term rentals and long-term residential leases.
Home Value Estimator For Angora, MN
There are currently 401 real estate properties
in Angora, MN,
with a median automated valuation model (AVM) price
of $174,875.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Angora, 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 Angora, MN,
is $191,046.00, with the most expensive house
in Angora, MN, topping out
at $826,609.00 and the cheapest home
in Angora, MN,
clocking in at $16,283.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Angora, MN!
Rent Prices
In Angora, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Angora, MN, is on
a rollercoaster ride. The
average rent price in Angora, MN,
is $1,206.00. Indeed, when looking to rent in
Angora, MN, you can expect to pay as little
as $500.00 or as much
as $1,990.00,
with the average rent median estimated to
be $1,200.00. The good news is that finding
an affordable and desirable property to rent in Angora, 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.