Lester Prairie, MN Foreclosures
How much do homes sell for in Lester Prairie, MN?
The average home price is currently $369,720.
In Lester Prairie, MN, how many homes are available?
There are currently 2 active home listings available in Lester Prairie.
What’s the average rental cost in Lester Prairie, MN?
The average rental price in Lester Prairie is $1,532.
What is the most expensive home in Lester Prairie?
The most expensive home sold in Lester Prairie had a price of $14,298,088.
What is currently the cheapest priced home in Lester Prairie, MN?
The cheapest home for sale in Lester Prairie is priced at $28,425.
Living in Lester Prairie, MN
Lester Prairie, MN, is a charming small town with strong community bonds and a beautiful natural setting. The area is characterized by its welcoming atmosphere, excellent schools, and a variety of local amenities. Residents enjoy a blend of rural tranquility and suburban convenience, making it an ideal place for families and individuals alike.
Buyer vs Seller Market in Lester Prairie, MN
The real estate market in Lester Prairie has seen a steady increase in demand over the past year, driven by an influx of families seeking the tranquility and community spirit that this area offers. Properties in the region have experienced appreciation in value, particularly for single-family homes, as buyers are drawn to the favorable living conditions and affordability in comparison to nearby urban centers.
Recent trends indicate a growing interest in homeownership in Lester Prairie, particularly as remote work becomes more prevalent. As more individuals and families seek out spacious homes with access to nature, the demand for listings in the area continues to rise, highlighting the appeal of small-town living.
Home Value Estimator For Lester Prairie, MN
There are currently 919 real estate properties
in Lester Prairie, MN,
with a median automated valuation model (AVM) price
of $295,165.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lester Prairie, 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 Lester Prairie, MN,
is $369,720.00, with the most expensive house
in Lester Prairie, MN, topping out
at $14,298,088.00 and the cheapest home
in Lester Prairie, MN,
clocking in at $28,425.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lester Prairie, MN!
Rent Prices
In Lester Prairie, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lester Prairie, MN, is on
a rollercoaster ride. The
average rent price in Lester Prairie, MN,
is $1,532.00. Indeed, when looking to rent in
Lester Prairie, MN, you can expect to pay as little
as $720.00 or as much
as $2,630.00,
with the average rent median estimated to
be $1,500.00. The good news is that finding
an affordable and desirable property to rent in Lester Prairie, 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.
Learn more on Foreclosure homes
