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Rent To Own Homes in Leonard, MN 56652

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Leonard, MN Foreclosures

How much do homes sell for in Leonard, MN?
The average home price is currently $282,253.
What’s the average rental cost in Leonard, MN?
The average rental price in Leonard is $1,124.
What is the most expensive home in Leonard?
The most expensive home sold in Leonard had a price of $1,595,304.
What is currently the cheapest priced home in Leonard, MN?
The cheapest home for sale in Leonard is priced at $54,018.

Living in Leonard, MN

Leonard, MN, is a quaint rural community known for its serene environment and outdoor amenities. Ideal for families and nature lovers, the town features a close-knit community atmosphere and easy access to larger nearby cities. Residents enjoy a variety of outdoor activities, making it a perfect place for peaceful living.

Current Market Conditions in Leonard, MN

The real estate market in Leonard is stable, reflecting the overall trends in rural Minnesota. Homes are typically affordable, and demand remains steady as more individuals seek quieter lifestyles away from the urban hustle. The housing market displays a mix of older homes and some new constructions, catering to a variety of buyers.

Affordability is a significant draw in Leonard, with price ranges that appeal to first-time homebuyers as well as those looking for vacation homes amidst the scenic landscapes.

Home Value Estimator For Leonard, MN

There are currently 258 real estate properties in Leonard, MN, with a median automated valuation model (AVM) price of $254,993.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Leonard, 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 Leonard, MN, is $282,253.00, with the most expensive house in Leonard, MN, topping out at $1,595,304.00 and the cheapest home in Leonard, MN, clocking in at $54,018.00. In other words, there’s something for every potential homebuyer or savvy investor in Leonard, MN!

Rent Prices In Leonard, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Leonard, MN, is on a rollercoaster ride. The average rent price in Leonard, MN, is $1,124.00. Indeed, when looking to rent in Leonard, MN, you can expect to pay as little as $570.00 or as much as $1,850.00, 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 Leonard, 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.

Leonard, MN 56652 Rent To Own Homes

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