Living in Ihlen, MN
Ihlen, MN is a quaint rural community that offers residents the peace and tranquility of small-town living. With accessible amenities and beautiful landscapes, it is an ideal location for those seeking an escape from urban life. Residents can enjoy a range of outdoor activities and a strong sense of community.
Current Market Conditions in Ihlen, MN
The current real estate market in Ihlen is stable, with home values gradually appreciating over recent years. Because of its affordability, it has attracted both first-time homebuyers and investors looking for rental opportunities.
As urban areas become more congested, many families and individuals are looking toward smaller communities like Ihlen for their next home, driving demand for housing in the area and creating a favorable market for property investment.
Home Value Estimator For Ihlen, MN
There are currently 36 real estate properties
in Ihlen, MN,
with a median automated valuation model (AVM) price
of $67,529.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ihlen, 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 Ihlen, MN,
is $83,544.00, with the most expensive house
in Ihlen, MN, topping out
at $275,004.00 and the cheapest home
in Ihlen, MN,
clocking in at $18,456.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ihlen, MN!
Rent Prices
In Ihlen, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ihlen, MN, is on
a rollercoaster ride. The
average rent price in Ihlen, MN,
is $971.00. Indeed, when looking to rent in
Ihlen, MN, you can expect to pay as little
as $830.00 or as much
as $1,540.00,
with the average rent median estimated to
be $940.00. The good news is that finding
an affordable and desirable property to rent in Ihlen, 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
