Living in Elysian, MN
Elysian, MN is a charming small town known for its serene landscapes and close-knit community. With access to beautiful lakes and a variety of outdoor activities, residents enjoy an active lifestyle surrounded by nature. The town prioritizes education and community engagement, making it a desirable location for families and retirees alike.
Current Market Conditions in Elysian, MN
The real estate market in Elysian, MN, has shown steady growth, attracting both investors and homebuyers. The demand for homes in this area continues to increase due to its appealing nature and affordable pricing compared to larger metropolitan areas.
Recent trends indicate that properties in Elysian sell quickly, reflecting the community's popularity. Investors can find promising opportunities, especially in recreational properties and family homes, as more people seek out rural living options.
Home Value Estimator For Elysian, MN
There are currently 646 real estate properties
in Elysian, MN,
with a median automated valuation model (AVM) price
of $384,536.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Elysian, 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 Elysian, MN,
is $449,037.00, with the most expensive house
in Elysian, MN, topping out
at $1,908,162.00 and the cheapest home
in Elysian, MN,
clocking in at $21,694.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Elysian, MN!
Rent Prices
In Elysian, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Elysian, MN, is on
a rollercoaster ride. The
average rent price in Elysian, MN,
is $1,672.00. Indeed, when looking to rent in
Elysian, MN, you can expect to pay as little
as $640.00 or as much
as $3,490.00,
with the average rent median estimated to
be $1,560.00. The good news is that finding
an affordable and desirable property to rent in Elysian, 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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