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Foreclosure Homes in Farwell, MN 56327

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Farwell, MN Foreclosures

How much do homes sell for in Farwell, MN?
The average home price is currently $444,375.
In Farwell, MN, how many homes are available?
There are currently 1 active home listings available in Farwell.
What’s the average rental cost in Farwell, MN?
The average rental price in Farwell is $1,517.
What is the most expensive home in Farwell?
The most expensive home sold in Farwell had a price of $2,629,237.
What is currently the cheapest priced home in Farwell, MN?
The cheapest home for sale in Farwell is priced at $47,768.

Living in Farwell, MN

Farwell, MN is a peaceful small town surrounded by natural beauty, offering a friendly community atmosphere. The town supports an active lifestyle with various outdoor activities accessible year-round. It features a reliable education system and easy access to urban conveniences, making it an attractive location for families and real estate investors alike.

Current Market Conditions in Farwell, MN

The real estate market in Farwell is currently stable, with a steady demand for homes due to the town's appealing atmosphere and community-oriented lifestyle. Home prices exhibit a modest appreciation, making it a great opportunity for investors looking for long-term gains.

Recent trends indicate an increase in interest from outside buyers seeking second homes or retirement properties in Farwell. This trend suggests a developing market that may offer potential for future growth in property values.

Home Value Estimator For Farwell, MN

There are currently 452 real estate properties in Farwell, MN, with a median automated valuation model (AVM) price of $395,543.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Farwell, 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 Farwell, MN, is $444,375.00, with the most expensive house in Farwell, MN, topping out at $2,629,237.00 and the cheapest home in Farwell, MN, clocking in at $47,768.00. In other words, there’s something for every potential homebuyer or savvy investor in Farwell, MN!

Rent Prices In Farwell, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Farwell, MN, is on a rollercoaster ride. The average rent price in Farwell, MN, is $1,517.00. Indeed, when looking to rent in Farwell, MN, you can expect to pay as little as $590.00 or as much as $2,520.00, with the average rent median estimated to be $1,490.00. The good news is that finding an affordable and desirable property to rent in Farwell, 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.

Farwell, MN 56327 Foreclosures

Market Trend for Farwell, MN

Total Listings Available: 1

Market Values:

Home Prices from $47,768 to $2,629,237

Average Sales Price: $444,375

Rental Values:

Rental from $590 to $2,520

Average Rent Value: $1,517 / month

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