Makinen, MN Foreclosures
How much do homes sell for in Makinen, MN?
The average home price is currently $245,914.
In Makinen, MN, how many homes are available?
There are currently 269 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 $991,600.
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 peaceful unincorporated community located in St. Louis County, characterized by its natural beauty and outdoor recreational opportunities. With a strong sense of community, friendly neighbors, and essential amenities nearby, Makinen offers a tranquil lifestyle that appeals to families and nature enthusiasts alike.
Current Market Conditions in Makinen, MN
The current real estate market in Makinen, MN shows a steady demand, particularly for properties that offer easy access to outdoor activities and natural beauty. With home prices reflecting the rural charm of the area, buyers are often drawn to the larger plots of land, ensuring privacy and ample space for gardening, recreation, and gatherings.
Recent trends indicate a growing interest in vacation homes and second properties, as many look to escape to the tranquility that places like Makinen provide. The market has seen a slight increase in pricing due to this demand, alongside a limited inventory, which further pushes competition among potential buyers.
Home Value Estimator For Makinen, MN
There are currently 689 real estate properties
in Makinen, MN,
with a median automated valuation model (AVM) price
of $220,627.00. 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 $245,914.00, with the most expensive house
in Makinen, MN, topping out
at $991,600.00 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.
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