Jacobson, MN Foreclosures
How much do homes sell for in Jacobson, MN?
The average home price is currently $251,468.
In Jacobson, MN, how many homes are available?
There are currently 1 active home listings available in Jacobson.
What’s the average rental cost in Jacobson, MN?
The average rental price in Jacobson is $1,245.
What is the most expensive home in Jacobson?
The most expensive home sold in Jacobson had a price of $886,321.
What is currently the cheapest priced home in Jacobson, MN?
The cheapest home for sale in Jacobson is priced at $18,599.
Living in Jacobson, MN
Jacobson, Minnesota, offers a peaceful, rural lifestyle amidst picturesque natural landscapes. Known for its tight-knit community, residents can enjoy outdoor activities, such as fishing and hiking. While it maintains its small-town charm, nearby towns provide access to essential amenities.
Current Market Conditions in Jacobson, MN
Currently, the real estate market in Jacobson is competitive, with a steady demand for properties due to its appealing natural surroundings and low cost of living. Potential homebuyers are attracted to affordable housing options, leading to a stable yet gradually appreciating market. Investors may find opportunities in vacation rentals, given the area's appeal for recreation and relaxation.
There has been an increase in interest in rural properties in Jacobson, especially as more people seek out quieter locations away from city life. This shift has resulted in growing home values, but prices remain lower compared to urban centers.
Home Value Estimator For Jacobson, MN
There are currently 369 real estate properties
in Jacobson, MN,
with a median automated valuation model (AVM) price
of $230,295.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Jacobson, 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 Jacobson, MN,
is $251,468.00, with the most expensive house
in Jacobson, MN, topping out
at $886,321.00 and the cheapest home
in Jacobson, MN,
clocking in at $18,599.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Jacobson, MN!
Rent Prices
In Jacobson, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Jacobson, MN, is on
a rollercoaster ride. The
average rent price in Jacobson, MN,
is $1,245.00. Indeed, when looking to rent in
Jacobson, MN, you can expect to pay as little
as $590.00 or as much
as $2,020.00,
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 Jacobson, 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
