Gary, MN Foreclosures
Current Market Conditions in in Gary, MN As of February 2026?
In the past month, the real estate market in Gary, MN has seen a slight uptick in activity with an increase in online inquiries and showings. Home listings have begun to see a bit more competition, as potential buyers are drawn to rural living, seeking more space and tranquility. Prices remain largely stable, but the rise in demand suggests that the market may strengthen in the coming months as more buyers look to invest in properties here.
How much do homes sell for in Gary, MN?
The average home price is currently $194,113.
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 small, close-knit community that offers a peaceful rural lifestyle. Residents enjoy a friendly atmosphere with local events, outdoor activities, and access to nature trails. This area is perfect for anyone seeking a quiet place to call home while still being close to larger cities for work and recreation.
Buyer vs Seller Market in Gary, MN
The real estate market in Gary, MN is currently stable, with a balanced demand and supply for housing. Properties typically range from quaint single-family homes to larger estates, attracting buyers looking for affordable options in a quiet setting.
Over the past several months, there has been a slight increase in interest from families and retirees seeking refuge from urban areas, which has led to a modest uptick in home prices. This trend indicates a growing appreciation for the rural lifestyle that Gary offers.
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.
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