Beaver Bay, MN Foreclosures
How much do homes sell for in Beaver Bay, MN?
The average home price is currently $450,106.
In Beaver Bay, MN, how many homes are available?
There are currently 9 active home listings available in Beaver Bay.
What’s the average rental cost in Beaver Bay, MN?
The average rental price in Beaver Bay is $1,229.
What is the most expensive home in Beaver Bay?
The most expensive home sold in Beaver Bay had a price of $1,027,872.
What is currently the cheapest priced home in Beaver Bay, MN?
The cheapest home for sale in Beaver Bay is priced at $54,983.
Living in Beaver Bay, MN
Beaver Bay, MN is a quaint community located on the shores of Lake Superior, perfect for lovers of nature and outdoor activities. The area offers stunning scenery, including state parks and breathtaking views. With welcoming shops and local eateries, Beaver Bay is a lovely place to call home or visit.
Current Market Conditions in Beaver Bay, MN
The real estate market in Beaver Bay has shown steady growth as it continues to attract those seeking a peaceful lifestyle away from the hustle and bustle of urban areas. With its natural beauty and recreational opportunities, the demand for homes has increased, resulting in rising property values as buyers recognize the unique appeal of the North Shore.
Currently, the market has a balanced supply of homes, with varied options for potential buyers. Interest in properties near waterfront areas remains notably high, while smaller, quaint homes garner interest due to their affordability and charm.
Home Value Estimator For Beaver Bay, MN
There are currently 98 real estate properties
in Beaver Bay, MN,
with a median automated valuation model (AVM) price
of $436,717.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Beaver Bay, 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 Beaver Bay, MN,
is $450,106.00, with the most expensive house
in Beaver Bay, MN, topping out
at $1,027,872.00 and the cheapest home
in Beaver Bay, MN,
clocking in at $54,983.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Beaver Bay, MN!
Rent Prices
In Beaver Bay, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Beaver Bay, MN, is on
a rollercoaster ride. The
average rent price in Beaver Bay, MN,
is $1,229.00. Indeed, when looking to rent in
Beaver Bay, MN, you can expect to pay as little
as $660.00 or as much
as $2,000.00,
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 Beaver Bay, 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
