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Foreclosure Homes in Gary, MN

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Gary, MN Foreclosures

How much do homes sell for in Gary, MN?
The average home price is currently $194,113.
In Gary, MN, how many homes are available?
There are currently 8 active home listings available in Gary.
What’s the average rental cost in Gary, MN?
The average rental price in Gary is $1,142.
What is the most expensive home in Gary?
The most expensive home sold in Gary had a price of $456,393.
What is currently the cheapest priced home in Gary, MN?
The cheapest home for sale in Gary is priced at $10,226.

Living in Gary, MN

Gary, Minnesota, is a quaint small town characterized by its tight-knit community and charming atmosphere. With a population of under 1,000, residents enjoy a peaceful lifestyle surrounded by nature. The area provides a seamless blend of rural charm and accessibility to nearby larger towns, making it a great place for families and retirees alike.

Buyer vs Seller Market in Gary, MN

The real estate market in Gary, MN, is relatively stable, characterized by affordable housing options that attract families and retirees. Currently, the market is experiencing steady demand, with home prices remaining stable due to the small-town appeal and limited inventory.

Investors looking for homes in Gary should note that properties tend to be reasonably priced compared to state averages, making it an attractive area for those seeking investment or affordable housing.

Home Value Estimator For Gary, MN

There are currently 177 real estate properties in Gary, MN, with a median automated valuation model (AVM) price of $175,496.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gary, 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 Gary, MN, is $194,113.00, with the most expensive house in Gary, MN, topping out at $456,393.00 and the cheapest home in Gary, MN, clocking in at $10,226.00. In other words, there’s something for every potential homebuyer or savvy investor in Gary, MN!

Rent Prices In Gary, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gary, MN, is on a rollercoaster ride. The average rent price in Gary, MN, is $1,142.00. Indeed, when looking to rent in Gary, MN, you can expect to pay as little as $810.00 or as much as $1,900.00, with the average rent median estimated to be $1,080.00. The good news is that finding an affordable and desirable property to rent in Gary, 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.

Gary, MN Foreclosures


Market Trend for Gary, MN

Total Listings Available: 8

Market Values:

Home Prices from $10,226 to $456,393

Average Sales Price: $194,113

Rental Values:

Rental from $810 to $1,900

Average Rent Value: $1,142 / month

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