Lansing, MN Foreclosures
How much do homes sell for in Lansing, MN?
The average home price is currently $237,960.
What’s the average rental cost in Lansing, MN?
The average rental price in Lansing is $1,250.
What is the most expensive home in Lansing?
The most expensive home sold in Lansing had a price of $552,791.
What is currently the cheapest priced home in Lansing, MN?
The cheapest home for sale in Lansing is priced at $35,850.
Living in Lansing, MN
Lansing, MN is a charming small town offering a serene environment and a strong sense of community. Residents enjoy access to outdoor activities, nearby cities for dining and shopping, and quality education. Its peaceful atmosphere makes it ideal for families and individuals looking for a tight-knit community.
Current Market Conditions in Lansing, MN
The real estate market in Lansing is currently stable with a slight increase in home values due to demand in the area. Homes are selling at a steady pace, and new listings are attracting interest from potential buyers looking for affordable housing options in a tranquil setting.
As of late 2023, Lansing's housing market has seen an uptick in first-time homebuyers, especially due to favorable interest rates and the allure of small-town living. The demand for homes with outdoor space has also risen, reflecting a trend towards seeking more land in residence.
Home Value Estimator For Lansing, MN
There are currently 32 real estate properties
in Lansing, MN,
with a median automated valuation model (AVM) price
of $218,103.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lansing, 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 Lansing, MN,
is $237,960.00, with the most expensive house
in Lansing, MN, topping out
at $552,791.00 and the cheapest home
in Lansing, MN,
clocking in at $35,850.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lansing, MN!
Rent Prices
In Lansing, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lansing, MN, is on
a rollercoaster ride. The
average rent price in Lansing, MN,
is $1,250.00. Indeed, when looking to rent in
Lansing, MN, you can expect to pay as little
as $810.00 or as much
as $1,860.00,
with the average rent median estimated to
be $1,160.00. The good news is that finding
an affordable and desirable property to rent in Lansing, 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.