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Preforeclosure Homes in Austin, MN

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Austin, MN Foreclosures

Current Market Conditions in in Austin, MN As of January 2026?
In the past month, the Austin real estate market has witnessed a slight uptick in activity, as rising interest rates have prompted both buyers and sellers to take action sooner rather than later. Inventory levels remain moderate, which has kept competition lively, particularly for well-priced homes. Other factors such as strong local employment opportunities continue to support housing demand.
How much do homes sell for in Austin, MN?
The average home price is currently $330,953.
In Austin, MN, how many homes are available?
There are currently 13 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 $18,126,017.
What is currently the cheapest priced home in Austin, MN?
The cheapest home for sale in Austin is priced at $11,572.

Living in Austin, MN

Austin, MN offers a unique blend of small-town charm and community spirit, with a plethora of amenities, recreational opportunities, and excellent educational institutions. The city is ideal for those seeking a comfortable lifestyle with access to both nature and cultural events.

Buyer vs Seller Market in Austin, MN

The real estate market in Austin has shown steady growth over the past year, with an increase in demand for single-family homes. The local economy is buoyed by industries such as healthcare, education, and agriculture, leading to a stable job market.

Home prices in Austin remain relatively affordable compared to larger metropolitan areas, making it an attractive option for first-time buyers and those looking to invest in rental properties. The ongoing development of new housing projects is further stimulating the market.

Home Value Estimator For Austin, MN

There are currently 10,912 real estate properties in Austin, MN, with a median automated valuation model (AVM) price of $195,219.00. 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 $330,953.00, with the most expensive house in Austin, MN, topping out at $18,126,017.00 and the cheapest home in Austin, MN, clocking in at $11,572.00. 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 Preforeclosure Homes


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