Makinen, MN Foreclosures
How much do homes sell for in Makinen, MN?
The average home price is currently $244,215.
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 $957,000.
What is currently the cheapest priced home in Makinen, MN?
The cheapest home for sale in Makinen is priced at $33,858.
Living in Makinen, MN
Makinen, MN is a charming small town tucked away in the heart of northern Minnesota. With its beautiful landscapes, residents can enjoy outdoor activities such as hiking, fishing, and boating. This peaceful community is ideal for those seeking a tranquil lifestyle while remaining connected to the amenities of nearby urban areas.
Current Market Conditions in Makinen, MN
The real estate market in Makinen, MN is characterized by a slow, steady trend, with home prices remaining stable over the past year. The small oncoming demand for houses in rural areas is slowly rising as individuals seek tranquility and nature, making this an opportune time for investment.
Current market trends indicate a slight increase in property values, particularly for homes situated near lakes or recreational areas. As more people discover the charm and affordability of rural living, potential buyers are showing more interest in the community.
Home Value Estimator For Makinen, MN
There are currently 699 real estate properties
in Makinen, MN,
with a median automated valuation model (AVM) price
of $218,000.00. 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 $244,215.00, with the most expensive house
in Makinen, MN, topping out
at $957,000.00 and the cheapest home
in Makinen, MN,
clocking in at $33,858.00. 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.
Learn more on Foreclosure homes
