Canyon, MN Foreclosures
How much do homes sell for in Canyon, MN?
The average home price is currently $295,463.
In Canyon, MN, how many homes are available?
There are currently 283 active home listings available in Canyon.
What’s the average rental cost in Canyon, MN?
The average rental price in Canyon is $1,482.
What is the most expensive home in Canyon?
The most expensive home sold in Canyon had a price of $1,191,678.
What is currently the cheapest priced home in Canyon, MN?
The cheapest home for sale in Canyon is priced at $22,058.
Living in Canyon, MN
Canyon, MN, is a charming small town nestled amidst nature's beauty, known for its friendly community and recreational outdoor activities. With access to pristine lakes and forests, it's a perfect haven for nature enthusiasts seeking tranquility. Canyon offers local amenities while being close to larger towns for added conveniences.
Current Market Conditions in Canyon, MN
The real estate market in Canyon, MN, has been relatively stable, showing slow but consistent growth in property values. Due to its appealing natural surroundings and small-town charm, there is a steady demand for homes, particularly among those looking for vacation properties or a quiet place to retire.
There has been increasing interest in the region as more individuals are seeking to escape urban areas in favor of rural living, which is contributing positively to the local housing market. However, inventory remains limited, which helps maintain property values.
Home Value Estimator For Canyon, MN
There are currently 329 real estate properties
in Canyon, MN,
with a median automated valuation model (AVM) price
of $263,511.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Canyon, 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 Canyon, MN,
is $295,463.00, with the most expensive house
in Canyon, MN, topping out
at $1,191,678.00 and the cheapest home
in Canyon, MN,
clocking in at $22,058.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Canyon, MN!
Rent Prices
In Canyon, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Canyon, MN, is on
a rollercoaster ride. The
average rent price in Canyon, MN,
is $1,482.00. Indeed, when looking to rent in
Canyon, MN, you can expect to pay as little
as $850.00 or as much
as $2,780.00,
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 Canyon, 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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