Gully, MN Foreclosures
Current Market Conditions in in Gully, MN As of February 2026?
Over the past month, the real estate market in Gully has experienced a slight uptick in home sales, reflecting an increased interest from remote workers and those looking to relocate to quieter areas. The average listing price has stabilized, indicating a balanced market that caters to both buyers and sellers. Inventory remains somewhat limited, which continues to push prices upward in select segments.
How much do homes sell for in Gully, MN?
The average home price is currently $301,730.
What’s the average rental cost in Gully, MN?
The average rental price in Gully is $1,321.
What is the most expensive home in Gully?
The most expensive home sold in Gully had a price of $1,171,942.
What is currently the cheapest priced home in Gully, MN?
The cheapest home for sale in Gully is priced at $38,990.
Living in Gully, MN
Gully, Minnesota, is a quaint rural town that encapsulates the charm of small-town living. With beautiful natural surroundings and a close-knit community, it’s ideal for families and retirees alike. Residents can enjoy various outdoor activities, enhancing their quality of life in this peaceful setting.
Buyer vs Seller Market in Gully, MN
Currently, the real estate market in Gully is stable, with a steady supply of homes available. Prices remain reasonable compared to larger urban areas, which attracts families and retirees looking for affordable housing options. The market has seen modest growth, suggesting a healthy demand for properties in the area.
As of late 2023, home prices in Gully are showing a slight increase due to the limited availability of listings, coupled with strong buyer interest. Single-family homes are particularly sought after, showcasing a trend toward residential stability in this rural setting.
Home Value Estimator For Gully, MN
There are currently 170 real estate properties
in Gully, MN,
with a median automated valuation model (AVM) price
of $253,100.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Gully, 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 Gully, MN,
is $301,730.00, with the most expensive house
in Gully, MN, topping out
at $1,171,942.00 and the cheapest home
in Gully, MN,
clocking in at $38,990.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Gully, MN!
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.
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