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Condo Foreclosures in Bovey, MN

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Bovey, MN Foreclosures

Current Market Conditions in in Bovey, MN As of April 2026?
In the past month, Bovey has seen a slight increase in home listings, with buyers showing more interest in properties that offer access to outdoor activities such as fishing and hiking. This uptick suggests a growing appreciation for rural living among buyers, likely due to the pandemic's impact on lifestyle preferences. However, inventory remains relatively low, which could drive prices up if demand continues to increase.
How much do homes sell for in Bovey, MN?
The average home price is currently $270,033.
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 $9,835,917.
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 in Itasca County, offering a peaceful and community-oriented atmosphere. With access to beautiful natural lakes and outdoor recreational activities, it is an ideal spot for families and outdoor enthusiasts. Local schools and amenities contribute to a welcoming lifestyle in this northern Minnesota town.

Buyer vs Seller Market in Bovey, MN

The real estate market in Bovey, MN is currently stable, with a variety of home types available ranging from rustic cabins to more modern residences. Prices remain reasonable compared to larger metropolitan areas, making it an attractive option for homebuyers seeking affordable housing in a tranquil environment.

Recent trends indicate a gradual increase in property values as more people seek refuge in quieter towns amid urban migration. The market is becoming more competitive, especially for homes near the lakes and recreational amenities.

Home Value Estimator For Bovey, MN

There are currently 2,514 real estate properties in Bovey, MN, with a median automated valuation model (AVM) price of $236,651.00. 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 $270,033.00, with the most expensive house in Bovey, MN, topping out at $9,835,917.00 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 Condos

Market Trend for Bovey, MN

Total Listings Available: 0

Market Values:

Home Prices from $14,601 to $9,835,917

Average Sales Price: $270,033

Rental Values:

Rental from $540 to $2,360

Average Rent Value: $1,289 / month

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