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Preforeclosure Homes in Effie, MN

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Effie, MN Foreclosures

Current Market Conditions in in Effie, MN As of February 2026?
Over the past month, Effie's real estate market experienced a modest uptick in home sales, likely due to seasonal interest as buyers become more active during the warmer months. Prices have remained stable, but some listings have seen competitive offers, suggesting a growing interest among buyers looking for affordable options in a scenic setting. The overall market sentiment is positive, with movement expected to continue into the summer season as families and individuals recognize the appeal of Effie's natural surroundings.
How much do homes sell for in Effie, MN?
The average home price is currently $193,138.
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 $1,402,448.
What is currently the cheapest priced home in Effie, MN?
The cheapest home for sale in Effie is priced at $12,034.

Living in Effie, MN

Effie, MN, is a charming small town surrounded by nature, ideal for nature lovers and those seeking a community-oriented lifestyle. With access to numerous outdoor activities and a tight-knit community, it provides a peaceful escape from urban living.

Buyer vs Seller Market in Effie, MN

The real estate market in Effie has shown stability over the past few months. Home values remain relatively affordable compared to larger urban areas, making it an attractive option for first-time homebuyers and retirees alike.

Current trends indicate a slight increase in demand for properties, particularly among those seeking summer homes and vacation rentals, as outdoor recreational activities continue to draw attention to the natural beauty of the area.

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 $168,882.00. 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 $193,138.00, with the most expensive house in Effie, MN, topping out at $1,402,448.00 and the cheapest home in Effie, MN, clocking in at $12,034.00. 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.

Effie, MN Preforeclosure Homes


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