Living in Jacobson, MN
Jacobson, MN is a peaceful community situated in beautiful Itasca County, offering an ideal mix of outdoor activities and local amenities. It is perfect for families and nature enthusiasts, providing access to recreational facilities, quality schools, and a close-knit neighborhood. Residents can enjoy a serene lifestyle while being connected to bigger cities.
Current Market Conditions in Jacobson, MN
The real estate market in Jacobson, MN is currently in a relatively stable condition, attracting both local buyers and remote investors seeking a peaceful retreat. Home prices are on the rise, driven by an increasing demand for properties that offer proximity to nature and a slower pace of life, which appeals to urban dwellers looking to escape city life.
Market trends indicate a consistent interest in both cozy single-family homes and larger plots of land, making it a diverse marketplace for buyers. As awareness of the area's charm grows, particularly among those desiring a second home or retirement property, Jacobson is poised for continued appreciation in property values.
Home Value Estimator For Jacobson, MN
There are currently 351 real estate properties
in Jacobson, MN,
with a median automated valuation model (AVM) price
of $229,917.00. 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 $252,019.00, with the most expensive house
in Jacobson, MN, topping out
at $929,250.00 and the cheapest home
in Jacobson, MN,
clocking in at $18,246.00. 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 $1,261.00. 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 $1,260.00. 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.
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