Kensington, MN Foreclosures
How much do homes sell for in Kensington, MN?
The average home price is currently $311,342.
In Kensington, MN, how many homes are available?
There are currently 2 active home listings available in Kensington.
What’s the average rental cost in Kensington, MN?
The average rental price in Kensington is $1,303.
What is the most expensive home in Kensington?
The most expensive home sold in Kensington had a price of $1,305,168.
What is currently the cheapest priced home in Kensington, MN?
The cheapest home for sale in Kensington is priced at $16,166.
Living in Kensington, MN
Kensington, MN, is a small town with a welcoming atmosphere and beautiful natural surroundings. It offers local amenities and a variety of outdoor activities, making it a perfect place for families and outdoor enthusiasts. The sense of community is strong here, with plenty of opportunities to engage with friendly neighbors.
Current Market Conditions in Kensington, MN
The current real estate market in Kensington, MN, is experiencing steady growth, with many homes selling relatively quickly due to a low inventory of available properties. Buyers are drawn to the town not only for its affordability but also for its lifestyle offerings, including outdoor activities and local charm. The demand for homes has led to increased pricing, although it remains competitive compared to larger metropolitan areas.
Recent trends indicate a balanced market, as homes are being listed and selling at a rate that maintains interest from both buyers and sellers. The community's appeal, combined with updates to local amenities, continues to attract new residents, providing growth potential in the real estate sector.
Home Value Estimator For Kensington, MN
There are currently 455 real estate properties
in Kensington, MN,
with a median automated valuation model (AVM) price
of $252,663.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Kensington, 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 Kensington, MN,
is $311,342.00, with the most expensive house
in Kensington, MN, topping out
at $1,305,168.00 and the cheapest home
in Kensington, MN,
clocking in at $16,166.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Kensington, MN!
Rent Prices
In Kensington, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Kensington, MN, is on
a rollercoaster ride. The
average rent price in Kensington, MN,
is $1,303.00. Indeed, when looking to rent in
Kensington, MN, you can expect to pay as little
as $580.00 or as much
as $2,480.00,
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 Kensington, 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
