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Foreclosure Homes in Fairfax, MN 55332

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Fairfax, MN Foreclosures

How much do homes sell for in Fairfax, MN?
The average home price is currently $329,386.
In Fairfax, MN, how many homes are available?
There are currently 3 active home listings available in Fairfax.
What’s the average rental cost in Fairfax, MN?
The average rental price in Fairfax is $1,213.
What is the most expensive home in Fairfax?
The most expensive home sold in Fairfax had a price of $3,822,043.
What is currently the cheapest priced home in Fairfax, MN?
The cheapest home for sale in Fairfax is priced at $15,779.

Living in Fairfax, MN

Fairfax, MN is a charming small town that offers a quaint rural lifestyle with a strong community feel. Known for its local events and beautiful natural scenery, Fairfax provides a comfortable living environment with access to various amenities. The town is perfect for those who appreciate tranquility and community engagement.

Current Market Conditions in Fairfax, MN

The real estate market in Fairfax remains stable, with housing prices generally affordable compared to urban areas. The availability of homes ranges from historic properties to newer constructions, appealing to various buyers. Over recent months, the market has shown signs of moderate growth, particularly in the lower price ranges, attracting first-time home buyers.

Home Value Estimator For Fairfax, MN

There are currently 761 real estate properties in Fairfax, MN, with a median automated valuation model (AVM) price of $171,820.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fairfax, 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 Fairfax, MN, is $329,386.00, with the most expensive house in Fairfax, MN, topping out at $3,822,043.00 and the cheapest home in Fairfax, MN, clocking in at $15,779.00. In other words, there’s something for every potential homebuyer or savvy investor in Fairfax, MN!

Rent Prices In Fairfax, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fairfax, MN, is on a rollercoaster ride. The average rent price in Fairfax, MN, is $1,213.00. Indeed, when looking to rent in Fairfax, MN, you can expect to pay as little as $770.00 or as much as $3,840.00, with the average rent median estimated to be $1,170.00. The good news is that finding an affordable and desirable property to rent in Fairfax, 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.

Fairfax, MN 55332 Foreclosures

Market Trend for Fairfax, MN

Total Listings Available: 3

Market Values:

Home Prices from $15,779 to $3,822,043

Average Sales Price: $329,386

Rental Values:

Rental from $770 to $3,840

Average Rent Value: $1,213 / month

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