Gully, MN Foreclosures
How much do homes sell for in Gully, MN?
The average home price is currently $334,058.
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 $1,902,815.
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, MN, is a charming and quiet community located in the scenic northern region of the state. Its tranquil environment is perfect for nature lovers and those looking for a peaceful lifestyle. With recreational activities at hand and easy access to nearby urban conveniences, Gully provides a unique blend of rustic charm and practicality.
Current Market Conditions in Gully, MN
The real estate market in Gully, MN, is characterized by an influx of buyers seeking properties that offer peace and nature while being budget-friendly. Currently, the market is favorable for buyers, with a variety of homes available and prices remaining stable compared to previous years.
In recent trends, there has been an increase in interest in properties in rural areas, including Gully, as more people have begun to appreciate the importance of space and nature in their living environment. The opportunity for investment in vacation homes and cabins is also seeing growth as remote work continues to thrive.
Home Value Estimator For Gully, MN
There are currently 151 real estate properties
in Gully, MN,
with a median automated valuation model (AVM) price
of $292,456.00. 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 $334,058.00, with the most expensive house
in Gully, MN, topping out
at $1,902,815.00 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.