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Foreclosures in Makinen, MN

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Living in Makinen, MN

Makinen, MN is a picturesque community that offers a unique blend of tranquility and outdoor activities. It features essential amenities and nearby educational institutions, as well as a tight-knit community atmosphere. Residents enjoy a comfortable lifestyle surrounded by nature, providing ample opportunities for recreation and leisure year-round.

Current Market Conditions in Makinen, MN

The real estate market in Makinen is currently characterized by a steady demand for properties, particularly among retirees and families looking for a quieter lifestyle. With its attractive landscape and peaceful living, home prices have been gradually increasing over the past few years.

Investors can find value in the area due to the potential for property appreciation. The market is still relatively affordable compared to larger Minnesota cities, making it an opportune time for real estate investment.

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 $199,478.00. 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 $222,553.00, with the most expensive house in Makinen, MN, topping out at $960,200.00 and the cheapest home in Makinen, MN, clocking in at $16,126.00. 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.

Makinen, MN Foreclosures


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