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Foreclosures in Federal Dam, MN

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Federal Dam, MN Foreclosures

How much do homes sell for in Federal Dam, MN?
The average home price is currently $311,761.
In Federal Dam, MN, how many homes are available?
There are currently 2 active home listings available in Federal Dam.
What’s the average rental cost in Federal Dam, MN?
The average rental price in Federal Dam is $1,236.
What is the most expensive home in Federal Dam?
The most expensive home sold in Federal Dam had a price of $2,346,783.
What is currently the cheapest priced home in Federal Dam, MN?
The cheapest home for sale in Federal Dam is priced at $13,712.

Living in Federal Dam, MN

Federal Dam, Minnesota is a tranquil town surrounded by stunning natural landscapes. It offers a range of outdoor activities for residents and visitors, from fishing on Leech Lake to exploring hiking trails. With a strong sense of community and essential local amenities, it's an ideal location for those seeking a peaceful lifestyle.

Current Market Conditions in Federal Dam, MN

The real estate market in Federal Dam has shown steady interest, particularly in seasonal homes and cabins, attracting buyers looking for lakeside properties. The demand for outdoor recreational properties drives a good market dynamic, making it favorable for sellers.

Home prices in the area have remained stable, with an increasing trend towards renovations and updates to older cabins and homes. This trend indicates a demand for modern amenities while retaining the charm of classic lakeside living.

Home Value Estimator For Federal Dam, MN

There are currently 304 real estate properties in Federal Dam, MN, with a median automated valuation model (AVM) price of $251,870.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Federal Dam, 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 Federal Dam, MN, is $311,761.00, with the most expensive house in Federal Dam, MN, topping out at $2,346,783.00 and the cheapest home in Federal Dam, MN, clocking in at $13,712.00. In other words, there’s something for every potential homebuyer or savvy investor in Federal Dam, MN!

Rent Prices In Federal Dam, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Federal Dam, MN, is on a rollercoaster ride. The average rent price in Federal Dam, MN, is $1,236.00. Indeed, when looking to rent in Federal Dam, MN, you can expect to pay as little as $460.00 or as much as $2,770.00, with the average rent median estimated to be $1,270.00. The good news is that finding an affordable and desirable property to rent in Federal Dam, 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.

Federal Dam, MN Foreclosures


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