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Foreclosures in Frazee, MN 56544

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Living in Frazee, MN

Frazee, Minnesota is a picturesque small town known for its welcoming community and stunning natural scenery. With a variety of outdoor activities, local amenities, and access to larger cities nearby, Frazee is ideal for those seeking a tranquil and fulfilling lifestyle.

Current Market Conditions in Frazee, MN

The current real estate market in Frazee shows signs of gradual growth, with a steady increase in property values as more people seek to escape urban living and enjoy the tranquility of rural areas. Homes in the region are attracting interest, particularly from families and retirees looking for a peaceful lifestyle amidst nature.

Despite being a small town, Frazee is becoming increasingly popular among real estate investors due to its low entry price points and the potential for value appreciation, making it a desirable option for first-time homebuyers or those looking for vacation homes.

Home Value Estimator For Frazee, MN

There are currently 2,368 real estate properties in Frazee, MN, with a median automated valuation model (AVM) price of $350,054.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Frazee, 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 Frazee, MN, is $409,699.00, with the most expensive house in Frazee, MN, topping out at $2,700,763.00 and the cheapest home in Frazee, MN, clocking in at $15,119.00. In other words, there’s something for every potential homebuyer or savvy investor in Frazee, MN!

Rent Prices In Frazee, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Frazee, MN, is on a rollercoaster ride. The average rent price in Frazee, MN, is $1,511.00. Indeed, when looking to rent in Frazee, MN, you can expect to pay as little as $630.00 or as much as $2,300.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in Frazee, 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.

Frazee, MN 56544 Foreclosures


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