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Cheap Homes in Gilbert, MN

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Gilbert, MN Foreclosures

How much do homes sell for in Gilbert, MN?
The average home price is currently $224,222.
In Gilbert, MN, how many homes are available?
There are currently 5 active home listings available in Gilbert.
What’s the average rental cost in Gilbert, MN?
The average rental price in Gilbert is $1,176.
What is the most expensive home in Gilbert?
The most expensive home sold in Gilbert had a price of $987,082.
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, MN, is a charming, small town known for its strong sense of community and outdoor recreational activities. Located close to the Iron Range, it offers a fantastic environment for families and nature lovers. With excellent schools and local events, Gilbert provides a welcoming atmosphere for newcomers.

Current Market Conditions in Gilbert, MN

The real estate market in Gilbert has shown stability over the past few months. Homes are moderately priced, making it an attractive option for first-time buyers and families looking for affordable housing. New construction and renovations are also contributing to the local housing supply as demand continues to hold.

Gilbert's market is characterized by a mix of single-family homes and rental properties, appealing to a diverse range of residents. Additionally, with more telecommuting opportunities, there has been an increase in interest from potential buyers looking for housing options in quieter, suburban areas.

Home Value Estimator For Gilbert, MN

There are currently 1,661 real estate properties in Gilbert, MN, with a median automated valuation model (AVM) price of $185,983.00. 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 $224,222.00, with the most expensive house in Gilbert, MN, topping out at $987,082.00 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 $1,176.00. 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.

Cheap Homes in Gilbert, MN

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