Living in Finland, MN
Finland, MN is a charming small town nestled near Lake Superior, celebrated for its natural beauty and outdoor recreational opportunities. The community boasts a friendly atmosphere with local shops, scenic parks, and diverse activities throughout the year. It's an ideal location for those seeking a peaceful lifestyle amidst stunning landscapes.
Current Market Conditions in Finland, MN
The real estate market in Finland, MN remains stable, with a steady demand for properties in this idyllic setting. The combination of recreational activities and scenic views attracts both seasonal and permanent residents, contributing to a moderate increase in property values over the past year.
Current trends show a growing interest in vacation homes and retreats, especially among those looking to escape urban areas. The local economy is supported by seasonal tourism, which further bolsters the demand for real estate, creating a unique opportunity for investment.
Home Value Estimator For Finland, MN
There are currently 296 real estate properties
in Finland, MN,
with a median automated valuation model (AVM) price
of $247,879.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Finland, 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 Finland, MN,
is $287,056.00, with the most expensive house
in Finland, MN, topping out
at $1,175,287.00 and the cheapest home
in Finland, MN,
clocking in at $17,052.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Finland, MN!
Rent Prices
In Finland, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Finland, MN, is on
a rollercoaster ride. The
average rent price in Finland, MN,
is $1,292.00. Indeed, when looking to rent in
Finland, MN, you can expect to pay as little
as $570.00 or as much
as $1,960.00,
with the average rent median estimated to
be $1,330.00. The good news is that finding
an affordable and desirable property to rent in Finland, 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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