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Rent To Own Homes in Effie, MN

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Effie, MN Foreclosures

How much do homes sell for in Effie, MN?
The average home price is currently $201,199.
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 $1,346,035.
What is currently the cheapest priced home in Effie, MN?
The cheapest home for sale in Effie is priced at $13,217.

Living in Effie, MN

Effie, MN, is a quaint rural community that offers a peaceful lifestyle amidst the beauty of nature. Known for its abundant outdoor recreational activities, it is a great place for both families and retirees. Effie's friendly atmosphere and close-knit community make it a desirable living location in northern Minnesota.

Current Market Conditions in Effie, MN

The real estate market in Effie is currently experiencing stable conditions, with a steady demand for homes due to the area’s natural beauty and recreational offerings. Buyers are increasingly looking for vacation homes or retirement properties in this serene environment.

As more people realize the value of rural living, Effie has attracted interest from those seeking privacy and outdoor activities. This trend suggests a gradual increase in property values over time, making it a promising market for both investment and personal living.

Home Value Estimator For Effie, MN

There are currently 402 real estate properties in Effie, MN, with a median automated valuation model (AVM) price of $174,598.00. 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 $201,199.00, with the most expensive house in Effie, MN, topping out at $1,346,035.00 and the cheapest home in Effie, MN, clocking in at $13,217.00. 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 Rent To Own Homes

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