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Short Sale Listings in Callaway, MN 56521

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Callaway, MN Foreclosures

How much do homes sell for in Callaway, MN?
The average home price is currently $389,253.
What’s the average rental cost in Callaway, MN?
The average rental price in Callaway is $1,453.
What is the most expensive home in Callaway?
The most expensive home sold in Callaway had a price of $3,648,052.
What is currently the cheapest priced home in Callaway, MN?
The cheapest home for sale in Callaway is priced at $27,860.

Living in Callaway, MN

Callaway, MN, is a charming small town perfect for those seeking a peaceful rural lifestyle. With stunning natural surroundings, this area offers excellent outdoor recreation opportunities and a close-knit community. Residents can enjoy local events and have access to nearby larger towns for additional amenities.

Current Market Conditions in Callaway, MN

The real estate market in Callaway, MN, has shown steady growth over the past year, with an increase in property demand due to the area's appeal for families and retirees seeking tranquil living. Homes tend to sell quickly as buyers are drawn to the picturesque landscape and community-oriented lifestyle.

This market has remained resilient, with price appreciation noted in homes near water bodies. The increased telecommuting trend post-pandemic has also attracted new residents looking for affordable homes in peaceful settings.

Home Value Estimator For Callaway, MN

There are currently 296 real estate properties in Callaway, MN, with a median automated valuation model (AVM) price of $273,077.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Callaway, 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 Callaway, MN, is $389,253.00, with the most expensive house in Callaway, MN, topping out at $3,648,052.00 and the cheapest home in Callaway, MN, clocking in at $27,860.00. In other words, there’s something for every potential homebuyer or savvy investor in Callaway, MN!

Rent Prices In Callaway, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Callaway, MN, is on a rollercoaster ride. The average rent price in Callaway, MN, is $1,453.00. Indeed, when looking to rent in Callaway, MN, you can expect to pay as little as $580.00 or as much as $2,680.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in Callaway, 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.

Callaway, MN 56521 Short Sale Listings

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