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Short Sale Listings in Brainerd, MN 56401

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Living in Brainerd, MN

Brainerd, MN, is a picturesque city nestled among lakes and forests, offering a mix of outdoor recreation and community living. It features a vibrant downtown area with local dining and shopping options, alongside a welcoming atmosphere. The city's strong emphasis on outdoor activities makes it a haven for nature enthusiasts and families alike.

Current Market Conditions in Brainerd, MN

The current real estate market in Brainerd is experiencing a steady demand, driven by the area's appeal for both permanent residents and vacation homeowners. The ongoing robust interest is evident in the range of new listings and competitive pricing in certain segments, particularly those near popular recreational spots such as lakes and parks.

With a focus on well-maintained homes and properties that showcase local charm, potential buyers are finding opportunities across various price points. Generally, homes priced appropriately are moving quickly, which indicates a healthy market environment. Additionally, interest from investors stands to diversify the market even further.

Home Value Estimator For Brainerd, MN

There are currently 12,232 real estate properties in Brainerd, MN, with a median automated valuation model (AVM) price of $295,208.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Brainerd, 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 Brainerd, MN, is $373,930.00, with the most expensive house in Brainerd, MN, topping out at $6,952,545.00 and the cheapest home in Brainerd, MN, clocking in at $12,312.00. In other words, there’s something for every potential homebuyer or savvy investor in Brainerd, MN!

Rent Prices In Brainerd, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Brainerd, MN, is on a rollercoaster ride. The average rent price in Brainerd, MN, is $1,452.00. Indeed, when looking to rent in Brainerd, MN, you can expect to pay as little as $470.00 or as much as $2,440.00, with the average rent median estimated to be $1,420.00. The good news is that finding an affordable and desirable property to rent in Brainerd, 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.

Brainerd, MN 56401 Short Sale Listings

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