Flensburg, MN Foreclosures
How much do homes sell for in Flensburg, MN?
The average home price is currently $215,228.
What’s the average rental cost in Flensburg, MN?
The average rental price in Flensburg is $1,199.
What is the most expensive home in Flensburg?
The most expensive home sold in Flensburg had a price of $694,792.
What is currently the cheapest priced home in Flensburg, MN?
The cheapest home for sale in Flensburg is priced at $32,275.
Living in Flensburg, MN
Flensburg, MN is a small, idyllic town known for its friendly community and scenic beauty. With its multitude of outdoor recreational activities and essential amenities, it caters well to families and individuals seeking a quiet place to call home. The area combines rural charm with accessibility to nearby cities, providing a balanced lifestyle.
Current Market Conditions in Flensburg, MN
In Flensburg, the real estate market has shown steady appreciation over the past year. With a stable influx of new residents attracted to the peaceful rural lifestyle and outdoor activities, demand for housing has increased, contributing to a rise in home prices. Many buyers are seeking quaint rural homes or properties with land, making it an attractive market for sellers.
The past month has seen a slight uptick in median home prices, reflecting rising interest rates and a limited inventory. Although new listings have surged, many properties are still receiving multiple offers, indicative of the competitive nature of the Flensburg housing market.
Home Value Estimator For Flensburg, MN
There are currently 48 real estate properties
in Flensburg, MN,
with a median automated valuation model (AVM) price
of $187,405.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Flensburg, 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 Flensburg, MN,
is $215,228.00, with the most expensive house
in Flensburg, MN, topping out
at $694,792.00 and the cheapest home
in Flensburg, MN,
clocking in at $32,275.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Flensburg, MN!
Rent Prices
In Flensburg, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Flensburg, MN, is on
a rollercoaster ride. The
average rent price in Flensburg, MN,
is $1,199.00. Indeed, when looking to rent in
Flensburg, MN, you can expect to pay as little
as $750.00 or as much
as $2,000.00,
with the average rent median estimated to
be $1,160.00. The good news is that finding
an affordable and desirable property to rent in Flensburg, 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.
Learn more on Foreclosure homes
