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Condo Foreclosures in Lake Park, MN

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Lake Park, MN Foreclosures

How much do homes sell for in Lake Park, MN?
The average home price is currently $541,012.
What’s the average rental cost in Lake Park, MN?
The average rental price in Lake Park is $1,723.
What is the most expensive home in Lake Park?
The most expensive home sold in Lake Park had a price of $6,197,314.
What is currently the cheapest priced home in Lake Park, MN?
The cheapest home for sale in Lake Park is priced at $31,363.

Living in Lake Park, MN

Lake Park, MN, is a charming town known for its serene landscapes and friendly community. With its close proximity to beautiful lakes and parks, residents enjoy various outdoor activities throughout the year. The town offers essential amenities and a welcoming atmosphere, making it ideal for families and those seeking a peaceful lifestyle.

Current Market Conditions in Lake Park, MN

The real estate market in Lake Park is currently experiencing a steady demand for homes, driven by its appealing lifestyle and natural surroundings. As more people look to relocate from larger urban centers, Lake Park's housing market is attracting buyers seeking larger properties with outdoor space.

Homes in Lake Park have seen a gradual increase in prices over the past year, indicating a healthy market. The town's affordability relative to neighboring areas continues to draw attention from first-time homebuyers and investors.

Home Value Estimator For Lake Park, MN

There are currently 2,011 real estate properties in Lake Park, MN, with a median automated valuation model (AVM) price of $441,336.00. 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 Park, 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 Park, MN, is $541,012.00, with the most expensive house in Lake Park, MN, topping out at $6,197,314.00 and the cheapest home in Lake Park, MN, clocking in at $31,363.00. In other words, there’s something for every potential homebuyer or savvy investor in Lake Park, MN!

Rent Prices In Lake Park, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lake Park, MN, is on a rollercoaster ride. The average rent price in Lake Park, MN, is $1,723.00. Indeed, when looking to rent in Lake Park, MN, you can expect to pay as little as $580.00 or as much as $2,920.00, with the average rent median estimated to be $1,700.00. The good news is that finding an affordable and desirable property to rent in Lake Park, 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 Park, MN Condos


Market Trend for Lake Park, MN

Total Listings Available: 0

Market Values:

Home Prices from $31,363 to $6,197,314

Average Sales Price: $541,012

Rental Values:

Rental from $580 to $2,920

Average Rent Value: $1,723 / month

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