Lucan, MN Foreclosures
How much do homes sell for in Lucan, MN?
The average home price is currently $206,953.
In Lucan, MN, how many homes are available?
There are currently 16 active home listings available in Lucan.
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 $961,790.
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, MN is a quaint rural community known for its welcoming atmosphere and beautiful landscapes. With ample outdoor activities and a strong school system, it caters to families and retirees. Proximity to larger towns adds to its allure making it a hidden gem in southwestern Minnesota.
Current Market Conditions in Lucan, MN
The real estate market in Lucan, MN has been stable, with home values showing a slight increase over the past few years. The demand for properties has been consistent, primarily driven by local families and individuals seeking a quieter lifestyle away from larger urban centers.
Recent trends indicate a growing interest in rural properties, as more people are looking to buy homes with space for gardens, pets, and outdoor activities. This shift is particularly evident as more individuals transition to remote work, allowing them to relocate to serene environments.
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 $146,088.00. 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 $206,953.00, with the most expensive house
in Lucan, MN, topping out
at $961,790.00 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
