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Foreclosure Homes in Bovey, MN

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Bovey, MN Foreclosures

How much do homes sell for in Bovey, MN?
The average home price is currently $272,802.
In Bovey, MN, how many homes are available?
There are currently 3 active home listings available in Bovey.
What’s the average rental cost in Bovey, MN?
The average rental price in Bovey is $1,289.
What is the most expensive home in Bovey?
The most expensive home sold in Bovey had a price of $8,083,326.
What is currently the cheapest priced home in Bovey, MN?
The cheapest home for sale in Bovey is priced at $14,601.

Living in Bovey, MN

Bovey, MN, is a charming small town characterized by its scenic landscapes, rich history in iron ore mining, and a strong sense of community. Residents enjoy abundant outdoor recreation and local amenities, making it a wonderful place to live for families and retirees alike.

Current Market Conditions in Bovey, MN

The real estate market in Bovey is currently experiencing moderate activity, with a good selection of homes available for buyers. The average home price has stabilized, making it an attractive option for first-time homebuyers and those looking to invest in rental properties due to the area's affordable housing.

Market trends indicate a steady demand for homes in Bovey, prompted by the town's appealing lifestyle and proximity to natural resources. With reasonable home prices compared to nearby larger cities, the market is favorable for both buyers and sellers.

Home Value Estimator For Bovey, MN

There are currently 2,337 real estate properties in Bovey, MN, with a median automated valuation model (AVM) price of $243,264.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bovey, 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 Bovey, MN, is $272,802.00, with the most expensive house in Bovey, MN, topping out at $8,083,326.00 and the cheapest home in Bovey, MN, clocking in at $14,601.00. In other words, there’s something for every potential homebuyer or savvy investor in Bovey, MN!

Rent Prices In Bovey, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bovey, MN, is on a rollercoaster ride. The average rent price in Bovey, MN, is $1,289.00. Indeed, when looking to rent in Bovey, MN, you can expect to pay as little as $540.00 or as much as $2,360.00, with the average rent median estimated to be $1,250.00. The good news is that finding an affordable and desirable property to rent in Bovey, 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.

Bovey, MN Foreclosures

Market Trend for Bovey, MN

Total Listings Available: 3

Market Values:

Home Prices from $14,601 to $8,083,326

Average Sales Price: $272,802

Rental Values:

Rental from $540 to $2,360

Average Rent Value: $1,289 / month

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