Cokato, MN Foreclosures
How much do homes sell for in Cokato, MN?
The average home price is currently $331,584.
In Cokato, MN, how many homes are available?
There are currently 10 active home listings available in Cokato.
What’s the average rental cost in Cokato, MN?
The average rental price in Cokato is $1,243.
What is the most expensive home in Cokato?
The most expensive home sold in Cokato had a price of $1,476,313.
What is currently the cheapest priced home in Cokato, MN?
The cheapest home for sale in Cokato is priced at $22,570.
Living in Cokato, MN
Cokato is a charming city located in Wright County, Minnesota, known for its friendly community, rich history, and tranquil rural setting. Situated about 50 miles west of Minneapolis, residents enjoy a peaceful lifestyle with easy access to urban amenities and outdoor activities. The city features a variety of local businesses, parks, and family-oriented events, making it a great place for families and individuals alike.
Current Market Conditions in Cokato, MN
Currently, Cokato's real estate market is experiencing a balanced state, with a mix of buyers and sellers. The housing inventory is moderate, allowing prospective homeowners to find a range of options from quaint starter homes to larger family residences. The median home prices have seen a slight increase over the last few months as demand grows, particularly among first-time buyers and families looking for space in a peaceful environment.
With interest rates fluctuating, buyers are cautious yet motivated, often looking for homes that offer both value and comfort. As the city develops, there is potential for property values to rise, particularly in sought-after neighborhoods.
Home Value Estimator For Cokato, MN
There are currently 1,608 real estate properties
in Cokato, MN,
with a median automated valuation model (AVM) price
of $293,349.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cokato, 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 Cokato, MN,
is $331,584.00, with the most expensive house
in Cokato, MN, topping out
at $1,476,313.00 and the cheapest home
in Cokato, MN,
clocking in at $22,570.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cokato, MN!
Rent Prices
In Cokato, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cokato, MN, is on
a rollercoaster ride. The
average rent price in Cokato, MN,
is $1,243.00. Indeed, when looking to rent in
Cokato, MN, you can expect to pay as little
as $590.00 or as much
as $3,260.00,
with the average rent median estimated to
be $1,170.00. The good news is that finding
an affordable and desirable property to rent in Cokato, 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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