Barrett, MN Foreclosures
How much do homes sell for in Barrett, MN?
The average home price is currently $265,842.
What’s the average rental cost in Barrett, MN?
The average rental price in Barrett is $1,294.
What is the most expensive home in Barrett?
The most expensive home sold in Barrett had a price of $1,351,013.
What is currently the cheapest priced home in Barrett, MN?
The cheapest home for sale in Barrett is priced at $44,346.
Living in Barrett, MN
Barrett is a charming small town located in Douglas County, Minnesota, offering a peaceful rural lifestyle, beautiful lakes, and welcoming community. Known for its rich history and outdoor recreational opportunities, Barrett is an ideal place for families and retirees. With its close-knit community vibe and access to nature, it provides a serene living environment for those who appreciate a slower pace of life.
Current Market Conditions in Barrett, MN
The real estate market in Barrett, MN, is currently experiencing a stable trend. Home prices have shown slight appreciation over the last few quarters as demand has gradually increased due to the appeal of rural living, especially among first-time homebuyers and retirees seeking a quieter lifestyle. The inventory remains moderate, which helps keep the competitive balance in the local market.
In recent months, Barrett has seen an influx of new residents looking for affordable housing options paired with the quality of life that the town offers. As people continue to move towards more rural settings for both remote work and lifestyle preferences, the demand for homes in this area is expected to continue to grow.
Home Value Estimator For Barrett, MN
There are currently 257 real estate properties
in Barrett, MN,
with a median automated valuation model (AVM) price
of $225,335.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Barrett, 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 Barrett, MN,
is $265,842.00, with the most expensive house
in Barrett, MN, topping out
at $1,351,013.00 and the cheapest home
in Barrett, MN,
clocking in at $44,346.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Barrett, MN!
Rent Prices
In Barrett, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Barrett, MN, is on
a rollercoaster ride. The
average rent price in Barrett, MN,
is $1,294.00. Indeed, when looking to rent in
Barrett, MN, you can expect to pay as little
as $510.00 or as much
as $2,040.00,
with the average rent median estimated to
be $1,270.00. The good news is that finding
an affordable and desirable property to rent in Barrett, 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
