Lowry, MN Foreclosures
How much do homes sell for in Lowry, MN?
The average home price is currently $365,387.
In Lowry, MN, how many homes are available?
There are currently 1 active home listings available in Lowry.
What’s the average rental cost in Lowry, MN?
The average rental price in Lowry is $1,402.
What is the most expensive home in Lowry?
The most expensive home sold in Lowry had a price of $1,468,641.
What is currently the cheapest priced home in Lowry, MN?
The cheapest home for sale in Lowry is priced at $91,742.
Living in Lowry, MN
Lowry, MN is a small, welcoming community with a relaxed lifestyle perfect for families and retirees. Known for its outdoor recreational activities and a strong sense of community, residents enjoy a peaceful living environment with access to essential amenities. The local school district provides quality education, further enriching the lives of those who call Lowry home.
Current Market Conditions in Lowry, MN
The current real estate market in Lowry shows signs of a steady demand for housing, particularly among first-time homebuyers and retirees. As the population seeks more affordable and peaceful living options away from urban centers, the attractiveness of Lowry is growing, leading to a steady increase in home prices over the past few months.
Despite being a small market, Lowry's latest trends show homes are selling relatively quickly, with multiple offers becoming more common, especially for well-maintained properties. The local housing inventory remains constrained, indicating that buyers may need to act fast when a property becomes available.
Home Value Estimator For Lowry, MN
There are currently 263 real estate properties
in Lowry, MN,
with a median automated valuation model (AVM) price
of $290,991.00. 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 $365,387.00, with the most expensive house
in Lowry, MN, topping out
at $1,468,641.00 and the cheapest home
in Lowry, MN,
clocking in at $91,742.00. 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 $1,402.00. 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
