Grove City, MN Foreclosures
How much do homes sell for in Grove City, MN?
The average home price is currently $259,205.
In Grove City, MN, how many homes are available?
There are currently 3 active home listings available in Grove City.
What’s the average rental cost in Grove City, MN?
The average rental price in Grove City is $1,271.
What is the most expensive home in Grove City?
The most expensive home sold in Grove City had a price of $3,055,648.
What is currently the cheapest priced home in Grove City, MN?
The cheapest home for sale in Grove City is priced at $19,454.
Living in Grove City, MN
Grove City, MN is a small, welcoming town known for its strong community spirit and family-friendly environment. Residents enjoy access to beautiful parks, local events, and a safe atmosphere. With outdoor recreational opportunities nearby and easy connections to larger cities, Grove City is an ideal place for families and individuals seeking a peaceful lifestyle.
Current Market Conditions in Grove City, MN
In recent months, Grove City has seen an uptick in real estate activity as more families are relocating to the area in search of affordable housing and a tranquil lifestyle. The demand for homes is consistently rising, yet inventory remains lower than the number of buyers, creating a competitive market for those looking to purchase. New listings are popping up, but many homes are selling quickly, often at or above asking price.
The market is displaying a trend towards higher property values as more buyers recognize the potential for growth in the Grove City area. This trend may be attributed to the appealing lifestyle and neighbors, which continue to attract a diverse range of buyers from different backgrounds.
Home Value Estimator For Grove City, MN
There are currently 554 real estate properties
in Grove City, MN,
with a median automated valuation model (AVM) price
of $221,257.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Grove City, 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 Grove City, MN,
is $259,205.00, with the most expensive house
in Grove City, MN, topping out
at $3,055,648.00 and the cheapest home
in Grove City, MN,
clocking in at $19,454.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Grove City, MN!
Rent Prices
In Grove City, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Grove City, MN, is on
a rollercoaster ride. The
average rent price in Grove City, MN,
is $1,271.00. Indeed, when looking to rent in
Grove City, MN, you can expect to pay as little
as $630.00 or as much
as $2,580.00,
with the average rent median estimated to
be $1,240.00. The good news is that finding
an affordable and desirable property to rent in Grove City, 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
