Freeborn, MN Foreclosures
How much do homes sell for in Freeborn, MN?
The average home price is currently $163,225.
What’s the average rental cost in Freeborn, MN?
The average rental price in Freeborn is $1,047.
What is the most expensive home in Freeborn?
The most expensive home sold in Freeborn had a price of $510,162.
What is currently the cheapest priced home in Freeborn, MN?
The cheapest home for sale in Freeborn is priced at $52,731.
Living in Freeborn, MN
Freeborn, MN, is a quaint town that offers a peaceful rural lifestyle. With a close-knit community, residents enjoy various outdoor activities and community events. The surrounding natural beauty combined with the accessibility of larger towns makes Freeborn an attractive option for homebuyers seeking tranquility.
Current Market Conditions in Freeborn, MN
The current real estate market in Freeborn is stable, characterized by a modest number of listings and steady demand. Buyers looking for affordable housing often find good opportunities in this area, as homes tend to sell within a reasonable timeframe. The overall affordability and community-oriented lifestyle continue to draw interest from both first-time buyers and retirees alike.
As more people seek homes away from urban areas, Freeborn has experienced a slight increase in home prices, although compared to surrounding towns, it remains very competitive. The market is witnessing an uptick in interest, particularly for family homes and small farms, which attract buyers looking for a quality lifestyle.
Home Value Estimator For Freeborn, MN
There are currently 128 real estate properties
in Freeborn, MN,
with a median automated valuation model (AVM) price
of $133,778.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Freeborn, 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 Freeborn, MN,
is $163,225.00, with the most expensive house
in Freeborn, MN, topping out
at $510,162.00 and the cheapest home
in Freeborn, MN,
clocking in at $52,731.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Freeborn, MN!
Rent Prices
In Freeborn, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Freeborn, MN, is on
a rollercoaster ride. The
average rent price in Freeborn, MN,
is $1,047.00. Indeed, when looking to rent in
Freeborn, MN, you can expect to pay as little
as $600.00 or as much
as $1,960.00,
with the average rent median estimated to
be $980.00. The good news is that finding
an affordable and desirable property to rent in Freeborn, 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
