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Rent To Own Homes in Lester Prairie, MN

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Lester Prairie, MN Foreclosures

How much do homes sell for in Lester Prairie, MN?
The average home price is currently $338,191.
In Lester Prairie, MN, how many homes are available?
There are currently 1 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 $1,906,462.
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 small, welcoming community situated in McLeod County. Known for its serene environment and strong community ties, the town offers excellent recreational opportunities and accessible amenities. Residents enjoy a quiet lifestyle with the convenience of nearby urban centers.

Current Market Conditions in Lester Prairie, MN

The real estate market in Lester Prairie remains stable, with a mix of affordable single-family homes and larger properties. The area has seen a gradual increase in property values, indicating a healthy market with demand remaining steady due to the allure of small-town living.

Investors are beginning to take notice of Lester Prairie as a potential hub for growth, with new families moving in and an increase in local businesses aiming to establish themselves in the community.

Home Value Estimator For Lester Prairie, MN

There are currently 864 real estate properties in Lester Prairie, MN, with a median automated valuation model (AVM) price of $296,615.00. 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 $338,191.00, with the most expensive house in Lester Prairie, MN, topping out at $1,906,462.00 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.

Lester Prairie, MN Rent To Own Homes

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