Lucan, MN Foreclosures
How much do homes sell for in Lucan, MN?
The average home price is currently $198,212.
What’s the average rental cost in Lucan, MN?
The average rental price in Lucan is $1,075.
What is the most expensive home in Lucan?
The most expensive home sold in Lucan had a price of $1,421,615.
What is currently the cheapest priced home in Lucan, MN?
The cheapest home for sale in Lucan is priced at $16,560.
Living in Lucan, MN
Lucan, Minnesota is a charming small town that embodies the spirit of rural living. Nestled in the heart of farming country, it offers a peaceful environment, friendly community, and access to various outdoor activities. With a focus on community and tradition, Lucan is an ideal place for families and individuals alike.
Current Market Conditions in Lucan, MN
The real estate market in Lucan remains stable, with properties available at various price points. The combination of affordability, location, and the serene lifestyle appeals to families and retirees looking for a slower pace of life. Recent trends indicate a steady interest in home purchases, as buyers seek refuge from crowded urban areas.
Investment opportunities into rental properties are also on the rise, with demand increasing in nearby cities which influence the local real estate scene. Houses in Lucan often offer larger plots of land, which is appealing to buyers looking for outdoor space.
Home Value Estimator For Lucan, MN
There are currently 117 real estate properties
in Lucan, MN,
with a median automated valuation model (AVM) price
of $149,555.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lucan, 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 Lucan, MN,
is $198,212.00, with the most expensive house
in Lucan, MN, topping out
at $1,421,615.00 and the cheapest home
in Lucan, MN,
clocking in at $16,560.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lucan, MN!
Rent Prices
In Lucan, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lucan, MN, is on
a rollercoaster ride. The
average rent price in Lucan, MN,
is $1,075.00. Indeed, when looking to rent in
Lucan, MN, you can expect to pay as little
as $570.00 or as much
as $2,170.00,
with the average rent median estimated to
be $1,000.00. The good news is that finding
an affordable and desirable property to rent in Lucan, 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
