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Foreclosure Homes in Chokio, MN

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Chokio, MN Foreclosures

How much do homes sell for in Chokio, MN?
The average home price is currently $193,328.
In Chokio, MN, how many homes are available?
There are currently 4 active home listings available in Chokio.
What’s the average rental cost in Chokio, MN?
The average rental price in Chokio is $1,087.
What is the most expensive home in Chokio?
The most expensive home sold in Chokio had a price of $2,298,282.
What is currently the cheapest priced home in Chokio, MN?
The cheapest home for sale in Chokio is priced at $30,643.

Living in Chokio, MN

Chokio, MN is a quaint small town that embodies rural charm and community spirit. Nestled in a serene agricultural setting, it offers residents access to outdoor leisure activities along the Mustinka River, while still being close to larger towns for additional amenities. With its friendly atmosphere and supportive community, Chokio is a perfect location for families and those seeking tranquility in their living environment.

Current Market Conditions in Chokio, MN

The real estate market in Chokio is currently stable, with a mix of single-family homes and smaller properties available. Demand in the area remains steady, particularly from families looking for affordable housing options and retirees seeking a quiet living environment. Homes here typically sell at reasonable prices compared to urban areas, offering a great value for buyers.

The trend for the past few months has shown an increase in home sales, particularly as remote work continues to make rural living more appealing for many. Chokio's affordability and community-focused lifestyle are drawing interest from first-time buyers as well as those looking to relocate from more congested urban centers.

Home Value Estimator For Chokio, MN

There are currently 301 real estate properties in Chokio, MN, with a median automated valuation model (AVM) price of $132,636.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Chokio, 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 Chokio, MN, is $193,328.00, with the most expensive house in Chokio, MN, topping out at $2,298,282.00 and the cheapest home in Chokio, MN, clocking in at $30,643.00. In other words, there’s something for every potential homebuyer or savvy investor in Chokio, MN!

Rent Prices In Chokio, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Chokio, MN, is on a rollercoaster ride. The average rent price in Chokio, MN, is $1,087.00. Indeed, when looking to rent in Chokio, MN, you can expect to pay as little as $760.00 or as much as $2,060.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Chokio, 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.

Chokio, MN Foreclosures


Market Trend for Chokio, MN

Total Listings Available: 4

Market Values:

Home Prices from $30,643 to $2,298,282

Average Sales Price: $193,328

Rental Values:

Rental from $760 to $2,060

Average Rent Value: $1,087 / month

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