Foreclosure Homes in Gully, MN

Current Market Conditions in Gully, MN

Gully's real estate market remains stable, primarily driven by small home buyers and those seeking vacation properties in a tranquil setting. With fewer homes on the market, buyers tend to act quickly when a listing appears, keeping prices relatively stable as demand meets limited supply.

The town's attractiveness for those seeking a slower pace of life and natural beauty has prompted a slight increase in housing interest, particularly among retirees and individuals looking to escape city life. This trend denotes a gradual shift in market vitality, suggesting that Gully may become more of a sought-after destination as potential buyers recognize its charm.

Rent Prices In Gully, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gully, MN, is on a rollercoaster ride. The average rent price in Gully, MN, is $1,321.00. Indeed, when looking to rent in Gully, MN, you can expect to pay as little as $560.00 or as much as $2,010.00, with the average rent median estimated to be $1,330.00. The good news is that finding an affordable and desirable property to rent in Gully, 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.