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Foreclosure Homes in Long Lake, MN 55356

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Long Lake, MN Foreclosures

How much do homes sell for in Long Lake, MN?
The average home price is currently $1,119,130.
In Long Lake, MN, how many homes are available?
There are currently 6 active home listings available in Long Lake.
What’s the average rental cost in Long Lake, MN?
The average rental price in Long Lake is $2,837.
What is the most expensive home in Long Lake?
The most expensive home sold in Long Lake had a price of $12,551,862.
What is currently the cheapest priced home in Long Lake, MN?
The cheapest home for sale in Long Lake is priced at $78,029.

Living in Long Lake, MN

Long Lake is a charming small town located in Hennepin County, Minnesota. It offers a serene environment with beautiful natural lakes, parks, and a friendly community atmosphere. The town is part of the larger metropolitan area, providing residents with access to urban amenities while maintaining a peaceful, suburban lifestyle.

Current Market Conditions in Long Lake, MN

The Long Lake real estate market remains competitive, with a strong demand for both residential and recreational properties. Prices have steadily increased as buyers seek the unique appeal of lakeside living combined with convenient access to the Twin Cities.

Recent trends show a rise in families looking for homes with more space and outdoor amenities due to increased remote work options and the desire for a balance between work and leisure.

Home Value Estimator For Long Lake, MN

There are currently 2,016 real estate properties in Long Lake, MN, with a median automated valuation model (AVM) price of $774,566.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Long Lake, 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 Long Lake, MN, is $1,119,130.00, with the most expensive house in Long Lake, MN, topping out at $12,551,862.00 and the cheapest home in Long Lake, MN, clocking in at $78,029.00. In other words, there’s something for every potential homebuyer or savvy investor in Long Lake, MN!

Rent Prices In Long Lake, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Long Lake, MN, is on a rollercoaster ride. The average rent price in Long Lake, MN, is $2,837.00. Indeed, when looking to rent in Long Lake, MN, you can expect to pay as little as $810.00 or as much as $5,060.00, with the average rent median estimated to be $2,670.00. The good news is that finding an affordable and desirable property to rent in Long Lake, 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.

Long Lake, MN 55356 Foreclosures

Market Trend for Long Lake, MN

Total Listings Available: 6

Market Values:

Home Prices from $78,029 to $12,551,862

Average Sales Price: $1,119,130

Rental Values:

Rental from $810 to $5,060

Average Rent Value: $2,837 / month

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