Gilbert, MN Foreclosures
How much do homes sell for in Gilbert, MN?
The average home price is currently $228,820.
In Gilbert, MN, how many homes are available?
There are currently 4 active home listings available in Gilbert.
What’s the average rental cost in Gilbert, MN?
The average rental price in Gilbert is $1,175.
What is the most expensive home in Gilbert?
The most expensive home sold in Gilbert had a price of $952,084.
What is currently the cheapest priced home in Gilbert, MN?
The cheapest home for sale in Gilbert is priced at $18,500.
Living in Gilbert, MN
Gilbert is a charming small town located in St. Louis County, Minnesota. Known for its warm community spirit and rich mining history, the town offers a peaceful residential environment with all the necessary amenities. It is perfect for families and individuals seeking a friendly place to call home, with easy access to outdoor recreational activities and local parks.
Current Market Conditions in Gilbert, MN
Currently, the real estate market in Gilbert, MN, is stable with a balanced supply and demand. There has been consistent interest in residential properties, influenced by the town's appeal to families seeking a peaceful lifestyle away from the hustle and bustle of urban centers. The market is slightly competitive, primarily due to its attractive pricing compared to surrounding areas.
The general trend indicates a gradual increase in home values, reflecting improvements in local amenities and infrastructure. Many new families have been moving into the area, contributing to a diverse community.
Home Value Estimator For Gilbert, MN
There are currently 1,640 real estate properties
in Gilbert, MN,
with a median automated valuation model (AVM) price
of $189,091.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Gilbert, 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 Gilbert, MN,
is $228,820.00, with the most expensive house
in Gilbert, MN, topping out
at $952,084.00 and the cheapest home
in Gilbert, MN,
clocking in at $18,500.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Gilbert, MN!
Rent Prices
In Gilbert, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Gilbert, MN, is on
a rollercoaster ride. The
average rent price in Gilbert, MN,
is $1,175.00. Indeed, when looking to rent in
Gilbert, MN, you can expect to pay as little
as $430.00 or as much
as $2,220.00,
with the average rent median estimated to
be $1,170.00. The good news is that finding
an affordable and desirable property to rent in Gilbert, 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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