Boy River, MN Foreclosures
How much do homes sell for in Boy River, MN?
The average home price is currently $381,111.
What’s the average rental cost in Boy River, MN?
The average rental price in Boy River is $1,298.
What is the most expensive home in Boy River?
The most expensive home sold in Boy River had a price of $1,392,716.
What is currently the cheapest priced home in Boy River, MN?
The cheapest home for sale in Boy River is priced at $26,458.
Living in Boy River, MN
Boy River, located in Minnesota, is a small, peaceful community famed for its beautiful natural surroundings. Residents enjoy a cozy, close-knit atmosphere, offering access to a wealth of outdoor activities like fishing, hiking, and camping. This idyllic setting makes Boy River ideal for those seeking tranquility and a vibrant community life.
Current Market Conditions in Boy River, MN
The real estate market in Boy River has seen stable demand, largely driven by the area's appeal for those looking to escape urban life. Properties, particularly those near water, have maintained their value, though the inventory remains limited due to the area's size. Homes are often sold to buyers intrigued by the properties' scenic views and access to nature.
In recent months, there has been a gradual increase in interest from retiring individuals and seasonal residents, leading to a slight uptick in home prices as buyers seek permanent residences in this tranquil location.
Home Value Estimator For Boy River, MN
There are currently 281 real estate properties
in Boy River, MN,
with a median automated valuation model (AVM) price
of $315,437.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Boy River, 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 Boy River, MN,
is $381,111.00, with the most expensive house
in Boy River, MN, topping out
at $1,392,716.00 and the cheapest home
in Boy River, MN,
clocking in at $26,458.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Boy River, MN!
Rent Prices
In Boy River, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Boy River, MN, is on
a rollercoaster ride. The
average rent price in Boy River, MN,
is $1,298.00. Indeed, when looking to rent in
Boy River, MN, you can expect to pay as little
as $600.00 or as much
as $2,620.00,
with the average rent median estimated to
be $1,310.00. The good news is that finding
an affordable and desirable property to rent in Boy River, 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
