Jordan, MN Foreclosures
How much do homes sell for in Jordan, MN?
The average home price is currently $498,587.
In Jordan, MN, how many homes are available?
There are currently 8 active home listings available in Jordan.
What’s the average rental cost in Jordan, MN?
The average rental price in Jordan is $1,803.
What is the most expensive home in Jordan?
The most expensive home sold in Jordan had a price of $15,101,223.
What is currently the cheapest priced home in Jordan, MN?
The cheapest home for sale in Jordan is priced at $25,048.
Living in Jordan, MN
Jordan, MN is a charming small town known for its tight-knit community and family-friendly environment. With quality schools, beautiful parks, and an array of local amenities, it's an idyllic setting for those seeking a comfortable lifestyle close to nature and just a short drive from the Twin Cities. Residents enjoy various recreational activities and community events throughout the year, making it a wonderful place to call home.
Current Market Conditions in Jordan, MN
The real estate market in Jordan, MN has been experiencing steady growth, driven by families moving to the area for its excellent schools and suburban lifestyle. As of late 2023, there is a competitive market for homes, with an increase in demand due to the town's desirable location and amenities. Homes are selling relatively quickly, sometimes above the asking price as buyers compete for properties that meet their needs.
There is also a noticeable trend towards new construction in Jordan, with builders responding to the increasing demand for housing. This influx of new homes adds much-needed inventory to the market, although they often come with higher price tags than older properties. As more people discover the charm of Jordan, the real estate market is likely to continue its upward trajectory.
Home Value Estimator For Jordan, MN
There are currently 4,258 real estate properties
in Jordan, MN,
with a median automated valuation model (AVM) price
of $424,516.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Jordan, 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 Jordan, MN,
is $498,587.00, with the most expensive house
in Jordan, MN, topping out
at $15,101,223.00 and the cheapest home
in Jordan, MN,
clocking in at $25,048.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Jordan, MN!
Rent Prices
In Jordan, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Jordan, MN, is on
a rollercoaster ride. The
average rent price in Jordan, MN,
is $1,803.00. Indeed, when looking to rent in
Jordan, MN, you can expect to pay as little
as $750.00 or as much
as $3,800.00,
with the average rent median estimated to
be $1,750.00. The good news is that finding
an affordable and desirable property to rent in Jordan, 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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