Lowry, MN Foreclosures
How much do homes sell for in Lowry, MN?
The average home price is currently $371,977.
In Lowry, MN, how many homes are available?
There are currently 2 active home listings available in Lowry.
What’s the average rental cost in Lowry, MN?
The average rental price in Lowry is $1,403.
What is the most expensive home in Lowry?
The most expensive home sold in Lowry had a price of $1,648,514.
What is currently the cheapest priced home in Lowry, MN?
The cheapest home for sale in Lowry is priced at $58,239.
Living in Lowry, MN
Lowry, MN, is a quaint and inviting small town characterized by its strong community spirit and beautiful natural surroundings. Residents enjoy an array of outdoor activities and the charm of rural living, while still being near larger towns for additional amenities. With local parks and a supportive atmosphere, Lowry is a perfect place for families and outdoor enthusiasts alike.
Current Market Conditions in Lowry, MN
Lowry's real estate market remains steady, with some signs of gradual appreciation. Homes in this area tend to attract buyers looking for affordability combined with the tranquility of small-town living. The median home price here is favorable compared to neighboring larger towns, making Lowry an appealing choice for first-time homebuyers and investors.
The market is experiencing a slight increase in demand as the town continues to develop its amenities and appeal to those looking for a more peaceful lifestyle. As the interest from potential buyers grows, homes are seeing competitive bids, and the turnover rate, while traditionally lower in rural areas, is beginning to increase as well.
Home Value Estimator For Lowry, MN
There are currently 321 real estate properties
in Lowry, MN,
with a median automated valuation model (AVM) price
of $295,882.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lowry, 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 Lowry, MN,
is $371,977.00, with the most expensive house
in Lowry, MN, topping out
at $1,648,514.00 and the cheapest home
in Lowry, MN,
clocking in at $58,239.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lowry, MN!
Rent Prices
In Lowry, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lowry, MN, is on
a rollercoaster ride. The
average rent price in Lowry, MN,
is $1,403.00. Indeed, when looking to rent in
Lowry, MN, you can expect to pay as little
as $800.00 or as much
as $2,560.00,
with the average rent median estimated to
be $1,350.00. The good news is that finding
an affordable and desirable property to rent in Lowry, 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
