Kennedy, MN Foreclosures
How much do homes sell for in Kennedy, MN?
The average home price is currently $128,719.
What’s the average rental cost in Kennedy, MN?
The average rental price in Kennedy is $964.
What is the most expensive home in Kennedy?
The most expensive home sold in Kennedy had a price of $467,770.
What is currently the cheapest priced home in Kennedy, MN?
The cheapest home for sale in Kennedy is priced at $23,200.
Living in Kennedy, MN
Kennedy, MN, is a small yet inviting town perfect for those seeking a rural lifestyle. With outdoor recreational activities, a strong school district, and essential amenities, Kennedy offers a close-knit community feeling. The town provides easy access to larger urban centers while maintaining a peaceful living environment.
Current Market Conditions in Kennedy, MN
The real estate market in Kennedy is stable, with a general trend of modest growth. Home prices have gradually increased over the past year, primarily due to limited inventory and steady demand from buyers looking for affordable housing in rural areas.
Investors are showing interest in Kennedy, attracted by its low property prices compared to nearby cities. This trend is expected to continue, as more families seek affordable living options outside urban centers.
Home Value Estimator For Kennedy, MN
There are currently 121 real estate properties
in Kennedy, MN,
with a median automated valuation model (AVM) price
of $117,694.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Kennedy, 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 Kennedy, MN,
is $128,719.00, with the most expensive house
in Kennedy, MN, topping out
at $467,770.00 and the cheapest home
in Kennedy, MN,
clocking in at $23,200.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Kennedy, MN!
Rent Prices
In Kennedy, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Kennedy, MN, is on
a rollercoaster ride. The
average rent price in Kennedy, MN,
is $964.00. Indeed, when looking to rent in
Kennedy, MN, you can expect to pay as little
as $570.00 or as much
as $1,940.00,
with the average rent median estimated to
be $940.00. The good news is that finding
an affordable and desirable property to rent in Kennedy, 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
