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Commercial Foreclosures in Austin, MN

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Austin, MN Foreclosures

How much do homes sell for in Austin, MN?
The average home price is currently $243,932.
In Austin, MN, how many homes are available?
There are currently 1 active home listings available in Austin.
What’s the average rental cost in Austin, MN?
The average rental price in Austin is $1,212.
What is the most expensive home in Austin?
The most expensive home sold in Austin had a price of $8,288,297.
What is currently the cheapest priced home in Austin, MN?
The cheapest home for sale in Austin is priced at $11,470.

Living in Austin, MN

Austin, Minnesota, is a vibrant city known for its welcoming community, rich history, and diverse culture. Nestled in the southern part of the state, it's famed for its annual events and a blend of urban and suburban charm. With its beautiful parks and modern amenities, Austin is a great place to call home for families and individuals alike.

Current Market Conditions in Austin, MN

Austin's real estate market has been stable over recent years, showing consistent demand for family homes. The community-oriented lifestyle and the presence of industries like Hormel Foods contribute to a steady influx of new residents seeking affordable housing.

In recent months, home prices have seen an uptick due to the popular demand for single-family homes in suburban areas. The combination of a strong job market and appealing amenities has created a competitive housing market.

Home Value Estimator For Austin, MN

There are currently 10,240 real estate properties in Austin, MN, with a median automated valuation model (AVM) price of $193,992.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Austin, 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 Austin, MN, is $243,932.00, with the most expensive house in Austin, MN, topping out at $8,288,297.00 and the cheapest home in Austin, MN, clocking in at $11,470.00. In other words, there’s something for every potential homebuyer or savvy investor in Austin, MN!

Rent Prices In Austin, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Austin, MN, is on a rollercoaster ride. The average rent price in Austin, MN, is $1,212.00. Indeed, when looking to rent in Austin, MN, you can expect to pay as little as $460.00 or as much as $2,780.00, with the average rent median estimated to be $1,140.00. The good news is that finding an affordable and desirable property to rent in Austin, 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.

Austin, MN Commercial

Market Trend for Austin, MN

Total Listings Available: 1

Market Values:

Home Prices from $11,470 to $8,288,297

Average Sales Price: $243,932

Rental Values:

Rental from $460 to $2,780

Average Rent Value: $1,212 / month

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