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Condo Foreclosures in Lake Benton, MN

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Lake Benton, MN Foreclosures

How much do homes sell for in Lake Benton, MN?
The average home price is currently $282,144.
What’s the average rental cost in Lake Benton, MN?
The average rental price in Lake Benton is $1,171.
What is the most expensive home in Lake Benton?
The most expensive home sold in Lake Benton had a price of $1,998,948.
What is currently the cheapest priced home in Lake Benton, MN?
The cheapest home for sale in Lake Benton is priced at $32,709.

Living in Lake Benton, MN

Lake Benton, MN is a quaint town that embodies small-town charm with its scenic landscapes and friendly atmosphere. Located near several lakes and parks, residents can engage in a variety of outdoor activities throughout the year. The close-knit community fosters strong connections among neighbors, making it an ideal place for families and individuals alike.

Current Market Conditions in Lake Benton, MN

The current real estate market in Lake Benton is experiencing steady growth, as more individuals and families are drawn to its peaceful lifestyle and affordable housing options. The demand for homes has increased, particularly as remote work becomes more popular, enabling people to seek out serene locations.

Properties here are typically priced lower than in neighboring larger cities, offering great value for first-time buyers and retirees looking to downsize. The town's charm and outdoor recreational opportunities also make it an attractive option for those looking for vacation homes, leading to increased investments in the housing market.

Home Value Estimator For Lake Benton, MN

There are currently 692 real estate properties in Lake Benton, MN, with a median automated valuation model (AVM) price of $184,865.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lake Benton, 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 Lake Benton, MN, is $282,144.00, with the most expensive house in Lake Benton, MN, topping out at $1,998,948.00 and the cheapest home in Lake Benton, MN, clocking in at $32,709.00. In other words, there’s something for every potential homebuyer or savvy investor in Lake Benton, MN!

Rent Prices In Lake Benton, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lake Benton, MN, is on a rollercoaster ride. The average rent price in Lake Benton, MN, is $1,171.00. Indeed, when looking to rent in Lake Benton, MN, you can expect to pay as little as $650.00 or as much as $2,040.00, with the average rent median estimated to be $1,140.00. The good news is that finding an affordable and desirable property to rent in Lake Benton, 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.

Lake Benton, MN Condos


Market Trend for Lake Benton, MN

Total Listings Available: 0

Market Values:

Home Prices from $32,709 to $1,998,948

Average Sales Price: $282,144

Rental Values:

Rental from $650 to $2,040

Average Rent Value: $1,171 / month

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