Living in Evan, MN
Evan, Minnesota, is a charming small town offering a peaceful lifestyle with beautiful natural surroundings. Ideal for families and retirees, it features local parks, community events, and friendly neighbors. The area is known for its affordability and a close-knit sense of community.
Current Market Conditions in Evan, MN
The real estate market in Evan, MN, has been steadily growing, with an increase in home values over the past few months. The demand for affordable housing in small towns like Evan has attracted new buyers looking for a quieter lifestyle away from the city. With limited inventory available, homes are often selling quickly, indicating a competitive market in certain price segments.
Home Value Estimator For Evan, MN
There are currently 26 real estate properties
in Evan, MN,
with a median automated valuation model (AVM) price
of $70,310.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Evan, 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 Evan, MN,
is $78,116.00, with the most expensive house
in Evan, MN, topping out
at $191,546.00 and the cheapest home
in Evan, MN,
clocking in at $34,811.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Evan, MN!
Rent Prices
In Evan, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Evan, MN, is on
a rollercoaster ride. The
average rent price in Evan, MN,
is $817.00. Indeed, when looking to rent in
Evan, MN, you can expect to pay as little
as $630.00 or as much
as $1,740.00,
with the average rent median estimated to
be $740.00. The good news is that finding
an affordable and desirable property to rent in Evan, 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.