Lismore, MN Foreclosures
How much do homes sell for in Lismore, MN?
The average home price is currently $182,590.
What’s the average rental cost in Lismore, MN?
The average rental price in Lismore is $1,027.
What is the most expensive home in Lismore?
The most expensive home sold in Lismore had a price of $564,644.
What is currently the cheapest priced home in Lismore, MN?
The cheapest home for sale in Lismore is priced at $20,165.
Living in Lismore, MN
Lismore, MN, is a quaint town that offers a peaceful lifestyle with a friendly community. Residents enjoy the scenic countryside and various outdoor activities in and around the area. With essential amenities available and the city of Worthington nearby, Lismore provides a balance of small-town charm and access to urban conveniences.
Current Market Conditions in Lismore, MN
The real estate market in Lismore is currently stabilized, showing modest price appreciation over the past year. Homes in the region typically remain on the market for a reasonable period, reflecting the small-town demand coupled with affordable housing options. While the market remains competitive, it hasn't experienced any drastic fluctuations, making it a viable option for first-time homebuyers and those seeking retirement residences.
With the ongoing trends in remote work, many are considering rural living arrangements, contributing to an uptick in homebuying activity in Lismore. This trend is expected to continue as buyers become increasingly interested in the benefits of small-town living.
Home Value Estimator For Lismore, MN
There are currently 117 real estate properties
in Lismore, MN,
with a median automated valuation model (AVM) price
of $167,389.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lismore, 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 Lismore, MN,
is $182,590.00, with the most expensive house
in Lismore, MN, topping out
at $564,644.00 and the cheapest home
in Lismore, MN,
clocking in at $20,165.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lismore, MN!
Rent Prices
In Lismore, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lismore, MN, is on
a rollercoaster ride. The
average rent price in Lismore, MN,
is $1,027.00. Indeed, when looking to rent in
Lismore, 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 $1,030.00. The good news is that finding
an affordable and desirable property to rent in Lismore, 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
