Canyon, MN Foreclosures
How much do homes sell for in Canyon, MN?
The average home price is currently $284,058.
In Canyon, MN, how many homes are available?
There are currently 1 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 $1,196,473.
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 tranquil small town surrounded by nature, perfect for outdoor enthusiasts and families. Enjoy the community's natural beauty with plenty of activities available such as fishing and hiking. Convenient access to nearby towns adds to its charm and livability.
Current Market Conditions in Canyon, MN
The real estate market in Canyon, MN is characterized by a stable but modest growth trend. The secluded charm and natural beauty of the area have attracted both first-time homebuyers and seasonal residents looking for a getaway. Current listings show a mix of properties from cozy cabins to family homes, accommodating a diverse range of buyers.
In 2023, the average home price in Canyon has seen a slight increase, reflecting the continued interest in northern Minnesota real estate. With more remote work opportunities becoming commonplace, interest in quaint towns like Canyon is growing, leading to a gradual rise in market prices.
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 $252,200.00. 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 $284,058.00, with the most expensive house
in Canyon, MN, topping out
at $1,196,473.00 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.
Learn more on Foreclosure homes
