Fort Ripley, MN Foreclosures
How much do homes sell for in Fort Ripley, MN?
The average home price is currently $403,749.
In Fort Ripley, MN, how many homes are available?
There are currently 5 active home listings available in Fort Ripley.
What’s the average rental cost in Fort Ripley, MN?
The average rental price in Fort Ripley is $1,499.
What is the most expensive home in Fort Ripley?
The most expensive home sold in Fort Ripley had a price of $1,533,904.
What is currently the cheapest priced home in Fort Ripley, MN?
The cheapest home for sale in Fort Ripley is priced at $27,107.
Living in Fort Ripley, MN
Fort Ripley, MN, is a quaint and peaceful community surrounded by nature’s beauty. With a variety of outdoor activities, local amenities, and a strong sense of community, it offers a rural lifestyle that many embrace. Residents appreciate the area for its scenic landscapes and family-friendly atmosphere.
Current Market Conditions in Fort Ripley, MN
The Fort Ripley real estate market is currently stable, showing moderate growth. There has been an increase in demand for homes as more people seek the serenity and affordability this area provides, influenced partly by remote work trends.
In recent months, the market has seen a slight uptick in home prices; however, compared to larger urban areas, properties remain competitively priced. The inventory of homes for sale is slightly low, prompting a favorable environment for sellers and opportunities for buyers looking to invest in a tranquil community.
Home Value Estimator For Fort Ripley, MN
There are currently 906 real estate properties
in Fort Ripley, MN,
with a median automated valuation model (AVM) price
of $377,393.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Fort Ripley, 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 Fort Ripley, MN,
is $403,749.00, with the most expensive house
in Fort Ripley, MN, topping out
at $1,533,904.00 and the cheapest home
in Fort Ripley, MN,
clocking in at $27,107.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Fort Ripley, MN!
Rent Prices
In Fort Ripley, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Fort Ripley, MN, is on
a rollercoaster ride. The
average rent price in Fort Ripley, MN,
is $1,499.00. Indeed, when looking to rent in
Fort Ripley, MN, you can expect to pay as little
as $600.00 or as much
as $2,080.00,
with the average rent median estimated to
be $1,480.00. The good news is that finding
an affordable and desirable property to rent in Fort Ripley, 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
