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Foreclosure Homes in Buffalo Lake, MN

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Buffalo Lake, MN Foreclosures

How much do homes sell for in Buffalo Lake, MN?
The average home price is currently $360,819.
In Buffalo Lake, MN, how many homes are available?
There are currently 4 active home listings available in Buffalo Lake.
What’s the average rental cost in Buffalo Lake, MN?
The average rental price in Buffalo Lake is $1,270.
What is the most expensive home in Buffalo Lake?
The most expensive home sold in Buffalo Lake had a price of $3,792,410.
What is currently the cheapest priced home in Buffalo Lake, MN?
The cheapest home for sale in Buffalo Lake is priced at $25,185.

Living in Buffalo Lake, MN

Buffalo Lake, MN is a peaceful community known for its stunning lake views and outdoor recreational activities. With a friendly atmosphere and essential amenities, it's an ideal location for those looking to enjoy a quiet, rural lifestyle. The nearby towns offer additional shopping and dining, making it convenient for residents.

Current Market Conditions in Buffalo Lake, MN

The real estate market in Buffalo Lake has been stable, with a mix of affordable homes available for purchase. The region attracts both first-time homebuyers and those looking for vacation properties, especially due to the recreational opportunities near the lake.

As the demand for rural and lakeside properties continues to rise, buyers are showing increasing interest in Buffalo Lake. This trend is primarily driven by individuals seeking a peaceful lifestyle away from city noise, which supports property values and creates a competitive market.

Home Value Estimator For Buffalo Lake, MN

There are currently 494 real estate properties in Buffalo Lake, MN, with a median automated valuation model (AVM) price of $228,381.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Buffalo Lake, 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 Buffalo Lake, MN, is $360,819.00, with the most expensive house in Buffalo Lake, MN, topping out at $3,792,410.00 and the cheapest home in Buffalo Lake, MN, clocking in at $25,185.00. In other words, there’s something for every potential homebuyer or savvy investor in Buffalo Lake, MN!

Rent Prices In Buffalo Lake, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Buffalo Lake, MN, is on a rollercoaster ride. The average rent price in Buffalo Lake, MN, is $1,270.00. Indeed, when looking to rent in Buffalo Lake, MN, you can expect to pay as little as $500.00 or as much as $2,000.00, 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 Buffalo Lake, 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.

Buffalo Lake, MN Foreclosures

Market Trend for Buffalo Lake, MN

Total Listings Available: 4

Market Values:

Home Prices from $25,185 to $3,792,410

Average Sales Price: $360,819

Rental Values:

Rental from $500 to $2,000

Average Rent Value: $1,270 / month

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