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Bankruptcy Homes in Loretto, MN

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Loretto, MN Foreclosures

How much do homes sell for in Loretto, MN?
The average home price is currently $613,777.
In Loretto, MN, how many homes are available?
There are currently 3 active home listings available in Loretto.
What’s the average rental cost in Loretto, MN?
The average rental price in Loretto is $2,260.
What is the most expensive home in Loretto?
The most expensive home sold in Loretto had a price of $3,755,000.
What is currently the cheapest priced home in Loretto, MN?
The cheapest home for sale in Loretto is priced at $82,000.

Living in Loretto, MN

Loretto, MN is a charming small town offering a peaceful lifestyle with the benefits of suburban living. Known for its strong community spirit, residents enjoy access to quality schools, local parks, and a range of outdoor activities. Its close proximity to Minneapolis provides convenient transportation and urban amenities while maintaining a tranquil atmosphere.

Current Market Conditions in Loretto, MN

Loretto's real estate market has shown steady growth, with home values increasing gradually over the past year. The demand for homes in this area remains strong due to the appealing community lifestyle and accessibility to urban centers.

There is a healthy inventory of homes available, with a mix of both new construction and older properties, attracting a diverse range of buyers from families to young professionals.

Home Value Estimator For Loretto, MN

There are currently 1,123 real estate properties in Loretto, MN, with a median automated valuation model (AVM) price of $541,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Loretto, 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 Loretto, MN, is $613,777.00, with the most expensive house in Loretto, MN, topping out at $3,755,000.00 and the cheapest home in Loretto, MN, clocking in at $82,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Loretto, MN!

Rent Prices In Loretto, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Loretto, MN, is on a rollercoaster ride. The average rent price in Loretto, MN, is $2,260.00. Indeed, when looking to rent in Loretto, MN, you can expect to pay as little as $1,180.00 or as much as $3,580.00, with the average rent median estimated to be $2,240.00. The good news is that finding an affordable and desirable property to rent in Loretto, 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.

Loretto, MN Bankruptcy Homes

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