Makinen, MN Foreclosures
Current Market Conditions in in Makinen, MN As of January 2026?
In the past month, the real estate market in Makinen has seen a slight spike in activity, leading to an increase in home sales. Many homes are being snapped up quickly, resulting in competition among buyers, which may push prices up further in the coming months. The region has benefited from an increase in interest from those seeking rural and vacation properties, leading to longer awaited sales on homes that have been on the market.
How much do homes sell for in Makinen, MN?
The average home price is currently $237,054.
In Makinen, MN, how many homes are available?
There are currently 1 active home listings available in Makinen.
What’s the average rental cost in Makinen, MN?
The average rental price in Makinen is $1,159.
What is the most expensive home in Makinen?
The most expensive home sold in Makinen had a price of $989,800.
What is currently the cheapest priced home in Makinen, MN?
The cheapest home for sale in Makinen is priced at $17,271.
Living in Makinen, MN
Located in the heart of St. Louis County, Makinen is a charming community ideal for those seeking a peaceful lifestyle close to nature. Its small-town vibe is complemented by access to outdoor recreation and a focus on a tight-knit community, making it a great place for families and retirees alike.
Buyer vs Seller Market in Makinen, MN
The real estate market in Makinen has been stable, reflecting the tranquility and allure of small-town living. With fewer homes available, the demand remains consistent among those looking to escape urban settings, driving property values moderately higher, especially for well-maintained homes.
Recently, activities have been observed in both the buyer and seller markets, with an influx of individuals interested in purchasing second homes or vacation properties. This trend has led to a slight increase in home prices, making it a seller's market, although prices are still reasonable compared to larger cities.
Home Value Estimator For Makinen, MN
There are currently 759 real estate properties
in Makinen, MN,
with a median automated valuation model (AVM) price
of $208,983.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Makinen, 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 Makinen, MN,
is $237,054.00, with the most expensive house
in Makinen, MN, topping out
at $989,800.00 and the cheapest home
in Makinen, MN,
clocking in at $17,271.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Makinen, MN!
Rent Prices
In Makinen, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Makinen, MN, is on
a rollercoaster ride. The
average rent price in Makinen, MN,
is $1,159.00. Indeed, when looking to rent in
Makinen, MN, you can expect to pay as little
as $500.00 or as much
as $2,080.00,
with the average rent median estimated to
be $1,140.00. The good news is that finding
an affordable and desirable property to rent in Makinen, 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.
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