Brainerd, MN Foreclosures
How much do homes sell for in Brainerd, MN?
The average home price is currently $379,657.
In Brainerd, MN, how many homes are available?
There are currently 18 active home listings available in Brainerd.
What’s the average rental cost in Brainerd, MN?
The average rental price in Brainerd is $1,452.
What is the most expensive home in Brainerd?
The most expensive home sold in Brainerd had a price of $6,831,275.
What is currently the cheapest priced home in Brainerd, MN?
The cheapest home for sale in Brainerd is priced at $12,312.
Living in Brainerd, MN
Brainerd, MN, is a picturesque city nestled in Minnesota's lakes region, offering a blend of outdoor recreation and community spirit. With its friendly atmosphere, Brainerd is ideal for families and individuals seeking an active lifestyle and quality education. The city's rich history and vibrant local culture make it a great place to call home.
Current Market Conditions in Brainerd, MN
The real estate market in Brainerd, MN, has experienced a steady increase in demand over the past few months, driven by interest in vacation homes and year-round residences. The market is currently characterized by a competitive atmosphere, with a limited supply of homes available, leading to quicker sales and, in some cases, multiple offers on properties.
New construction projects are being observed as developers recognize the potential for growth in the area. Real estate prices are expected to maintain an upward trend, though some seasonal fluctuations may occur as the colder months approach.
Home Value Estimator For Brainerd, MN
There are currently 14,009 real estate properties
in Brainerd, MN,
with a median automated valuation model (AVM) price
of $302,992.00. 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 $379,657.00, with the most expensive house
in Brainerd, MN, topping out
at $6,831,275.00 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.
Learn more on Foreclosure homes
