Living in Felton, MN
Felton, MN, is a small, inviting community nestled in the picturesque Red River Valley. Known for its friendly atmosphere and access to nature, this town makes for a perfect residence for those seeking a relaxed lifestyle. With parks, schools, and nearby recreational activities, Felton provides a well-rounded environment for families and outdoor enthusiasts alike.
Current Market Conditions in Felton, MN
Felton's real estate market is currently showing signs of stability, with a mix of affordable homes and more upscale properties available. As demand remains steady due to the appealing lifestyle and community values, buyers can find competitive listings in the area.
Recently, the trend in Felton has been towards a gradual increase in home values, indicating a healthier market. This increase is driven by the town's amenities, community engagement, and the appealing outdoor lifestyle it provides.
Home Value Estimator For Felton, MN
There are currently 180 real estate properties
in Felton, MN,
with a median automated valuation model (AVM) price
of $185,393.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Felton, 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 Felton, MN,
is $247,299.00, with the most expensive house
in Felton, MN, topping out
at $1,691,793.00 and the cheapest home
in Felton, MN,
clocking in at $17,337.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Felton, MN!
Rent Prices
In Felton, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Felton, MN, is on
a rollercoaster ride. The
average rent price in Felton, MN,
is $1,435.00. Indeed, when looking to rent in
Felton, MN, you can expect to pay as little
as $1,010.00 or as much
as $2,620.00,
with the average rent median estimated to
be $1,300.00. The good news is that finding
an affordable and desirable property to rent in Felton, 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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