Effie, MN Foreclosures
How much do homes sell for in Effie, MN?
The average home price is currently $198,954.
In Effie, MN, how many homes are available?
There are currently 1 active home listings available in Effie.
What’s the average rental cost in Effie, MN?
The average rental price in Effie is $1,101.
What is the most expensive home in Effie?
The most expensive home sold in Effie had a price of $1,402,884.
What is currently the cheapest priced home in Effie, MN?
The cheapest home for sale in Effie is priced at $21,435.
Living in Effie, MN
Effie, MN, is a peaceful small town enveloped by nature, offering an ideal location for outdoor enthusiasts. With a community-focused atmosphere and access to essential amenities, it provides a retreat from urban life while fostering a sense of togetherness. Residents can enjoy hiking, fishing, and local events in a picturesque setting.
Current Market Conditions in Effie, MN
The real estate market in Effie, MN, has been relatively stable, with an increasing interest in properties as people seek to relocate to more tranquil environments. The affordability of homes is an appealing factor, drawing in buyers looking for vacation homes or permanent residencies in the area.
Given the small-town appeal and surrounding natural beauty, Effie is seeing a slow but steady rise in property values, indicating a growing interest from outside buyers. The market remains competitive, particularly for homes that offer unique features or are located near recreational areas.
Home Value Estimator For Effie, MN
There are currently 477 real estate properties
in Effie, MN,
with a median automated valuation model (AVM) price
of $174,460.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Effie, 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 Effie, MN,
is $198,954.00, with the most expensive house
in Effie, MN, topping out
at $1,402,884.00 and the cheapest home
in Effie, MN,
clocking in at $21,435.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Effie, MN!
Rent Prices
In Effie, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Effie, MN, is on
a rollercoaster ride. The
average rent price in Effie, MN,
is $1,101.00. Indeed, when looking to rent in
Effie, MN, you can expect to pay as little
as $490.00 or as much
as $2,140.00,
with the average rent median estimated to
be $1,050.00. The good news is that finding
an affordable and desirable property to rent in Effie, 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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