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Multi-family Foreclosures in Lanesboro, MN

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Lanesboro, MN Foreclosures

How much do homes sell for in Lanesboro, MN?
The average home price is currently $453,160.
What’s the average rental cost in Lanesboro, MN?
The average rental price in Lanesboro is $1,575.
What is the most expensive home in Lanesboro?
The most expensive home sold in Lanesboro had a price of $3,100,000.
What is currently the cheapest priced home in Lanesboro, MN?
The cheapest home for sale in Lanesboro is priced at $20,290.

Living in Lanesboro, MN

Lanesboro, MN, is a small, picturesque town located in the scenic Root River Valley. Known for its vibrant arts community and outdoor recreation opportunities, it offers a rich blend of history and nature. Enjoy local galleries, events, and a strong sense of community that makes it a perfect place for families and nature lovers alike.

Current Market Conditions in Lanesboro, MN

The real estate market in Lanesboro is currently stable, with a good balance of supply and demand. Prices for single-family homes have seen moderate growth, influenced by the town's appeal to buyers seeking a quieter lifestyle in a scenic setting.

Lanesboro's popularity continues to rise, particularly among retirees and those looking for vacation homes. The town's proximity to natural attractions and its quaint downtown are driving factors in the current housing demand.

Home Value Estimator For Lanesboro, MN

There are currently 889 real estate properties in Lanesboro, MN, with a median automated valuation model (AVM) price of $311,681.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lanesboro, 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 Lanesboro, MN, is $453,160.00, with the most expensive house in Lanesboro, MN, topping out at $3,100,000.00 and the cheapest home in Lanesboro, MN, clocking in at $20,290.00. In other words, there’s something for every potential homebuyer or savvy investor in Lanesboro, MN!

Rent Prices In Lanesboro, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lanesboro, MN, is on a rollercoaster ride. The average rent price in Lanesboro, MN, is $1,575.00. Indeed, when looking to rent in Lanesboro, MN, you can expect to pay as little as $580.00 or as much as $2,880.00, with the average rent median estimated to be $1,440.00. The good news is that finding an affordable and desirable property to rent in Lanesboro, 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.

Lanesboro, MN Multi-family Homes


Market Trend for Lanesboro, MN

Total Listings Available: 0

Market Values:

Home Prices from $20,290 to $3,100,000

Average Sales Price: $453,160

Rental Values:

Rental from $580 to $2,880

Average Rent Value: $1,575 / month

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