Braham, MN Foreclosures
Current Market Conditions in in Braham, MN As of February 2026?
In the last month, the Braham real estate market has experienced a slight uptick in activity, with an increase in new listings and a steady flow of buyer interest. Despite recent fluctuations in the economy, home sales have maintained stability, with homes typically selling within a month. This suggests that buyers remain proactive in seeking homes in this appealing community, driven by its affordability and the quality of life it offers.
How much do homes sell for in Braham, MN?
The average home price is currently $307,039.
In Braham, MN, how many homes are available?
There are currently 3 active home listings available in Braham.
What’s the average rental cost in Braham, MN?
The average rental price in Braham is $1,490.
What is the most expensive home in Braham?
The most expensive home sold in Braham had a price of $1,659,785.
What is currently the cheapest priced home in Braham, MN?
The cheapest home for sale in Braham is priced at $13,970.
Living in Braham, MN
Braham is a charming small town located in east-central Minnesota, known for its friendly atmosphere and sense of community. With a population of around 1,800, it offers a quieter lifestyle with local shops, parks, and activities that bring residents together. Located near the scenic Rum River, Braham provides ample opportunities for outdoor enthusiasts looking for adventure in both winter and summer months.
Buyer vs Seller Market in Braham, MN
The real estate market in Braham is currently showing signs of gradual growth, with an increase in property values over the last year. Buyers are attracted to the affordable housing options, particularly those looking for single-family homes and land for building. The inventory remains competitive, but homes are selling relatively quickly, indicating a robust interest in the area.
The demand for homes in Braham is rising due to its appealing lifestyle and suburban feel. Many buyers are looking for more space, especially post-pandemic, as remote work becomes more common. New construction is also being explored as more people seek to relocate to family-friendly environments.
As of recent months, Braham's market has seen increased listings, but the average time on the market remains lower than the state average. This reflects a stable market where sellers have the upper hand without overwhelming buyers, creating a balanced yet dynamic real estate environment.
Home Value Estimator For Braham, MN
There are currently 1,670 real estate properties
in Braham, MN,
with a median automated valuation model (AVM) price
of $271,284.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Braham, 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 Braham, MN,
is $307,039.00, with the most expensive house
in Braham, MN, topping out
at $1,659,785.00 and the cheapest home
in Braham, MN,
clocking in at $13,970.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Braham, MN!
Rent Prices
In Braham, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Braham, MN, is on
a rollercoaster ride. The
average rent price in Braham, MN,
is $1,490.00. Indeed, when looking to rent in
Braham, MN, you can expect to pay as little
as $690.00 or as much
as $2,760.00,
with the average rent median estimated to
be $1,470.00. The good news is that finding
an affordable and desirable property to rent in Braham, 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.
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