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Cheap Homes in Donnelly, MN

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Donnelly, MN Foreclosures

Current Market Conditions in in Donnelly, MN As of February 2026?
In the last month, Donnelly's real estate market has seen a slight increase in home sales. This uptick is attributed to the seasonal shift where buyers are eager to secure homes before the winter months. Inventory levels remain steady, indicating a balanced market that favors both buyers and sellers at this time.
How much do homes sell for in Donnelly, MN?
The average home price is currently $260,477.
What’s the average rental cost in Donnelly, MN?
The average rental price in Donnelly is $1,194.
What is the most expensive home in Donnelly?
The most expensive home sold in Donnelly had a price of $2,926,598.
What is currently the cheapest priced home in Donnelly, MN?
The cheapest home for sale in Donnelly is priced at $42,546.

Living in Donnelly, MN

Donnelly, MN is a picturesque small town offering a peaceful rural lifestyle. With its close-knit community, beautiful outdoor spaces, and proximity to larger urban areas, it's an ideal location for families and retirees alike. Residents enjoy various recreational activities and the charm of small-town living.

Buyer vs Seller Market in Donnelly, MN

Donnelly's real estate market is currently characterized by a stable environment with steady prices. Homes in the area are generally affordable, which attracts both first-time buyers and those looking to downsize. Over the past few months, there has been a subtle increase in demand for homes, indicating a positive trend for potential sellers.

The market in Donnelly sees a mix of traditional single-family homes and land on which to build. Due to the town's affordability and rural charm, interest in home purchases has remained consistent, with many buyers looking for properties with larger lots for privacy and space.

Home Value Estimator For Donnelly, MN

There are currently 225 real estate properties in Donnelly, MN, with a median automated valuation model (AVM) price of $153,552.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Donnelly, 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 Donnelly, MN, is $260,477.00, with the most expensive house in Donnelly, MN, topping out at $2,926,598.00 and the cheapest home in Donnelly, MN, clocking in at $42,546.00. In other words, there’s something for every potential homebuyer or savvy investor in Donnelly, MN!

Rent Prices In Donnelly, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Donnelly, MN, is on a rollercoaster ride. The average rent price in Donnelly, MN, is $1,194.00. Indeed, when looking to rent in Donnelly, MN, you can expect to pay as little as $610.00 or as much as $2,060.00, with the average rent median estimated to be $1,040.00. The good news is that finding an affordable and desirable property to rent in Donnelly, 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.

Cheap Homes in Donnelly, MN


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