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Foreclosure Homes in Canyon, MN

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Canyon, MN Foreclosures

How much do homes sell for in Canyon, MN?
The average home price is currently $275,937.
In Canyon, MN, how many homes are available?
There are currently 266 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 $1,128,977.
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 quaint small town nestled amidst captivating natural landscapes, perfect for anyone seeking a serene lifestyle. Residents enjoy a strong sense of community, local amenities, and outdoor recreation options. With a welcoming atmosphere and strong local businesses, Canyon provides a charming escape from the hustle and bustle of city life.

Current Market Conditions in Canyon, MN

The real estate market in Canyon, MN, is characterized by modest activity, with many properties being purchased by families and retirees looking for a peaceful setting. The demand for homes remains steady as buyers recognize the area's charm and recreational opportunities.

Currently, Canyon's market shows a slight increase in home prices compared to last year. The average days on the market for properties have decreased, indicating a competitive environment as potential buyers emerge in search of homes in this idyllic area.

Home Value Estimator For Canyon, MN

There are currently 351 real estate properties in Canyon, MN, with a median automated valuation model (AVM) price of $245,336.00. 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 $275,937.00, with the most expensive house in Canyon, MN, topping out at $1,128,977.00 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.

Canyon, MN Foreclosures


Market Trend for Canyon, MN

Total Listings Available: 266

Market Values:

Home Prices from $22,058 to $1,128,977

Average Sales Price: $275,937

Rental Values:

Rental from $850 to $2,780

Average Rent Value: $1,482 / month

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