Manchester, MN Foreclosures
How much do homes sell for in Manchester, MN?
The average home price is currently $111,462.
What’s the average rental cost in Manchester, MN?
The average rental price in Manchester is $997.
What is the most expensive home in Manchester?
The most expensive home sold in Manchester had a price of $227,895.
What is currently the cheapest priced home in Manchester, MN?
The cheapest home for sale in Manchester is priced at $59,391.
Living in Manchester, MN
Manchester, Minnesota, is a small yet vibrant community that boasts a friendly atmosphere and rich local culture. Nestled in the heart of Minnesota, this charming town is known for its scenic landscapes and connectivity to larger urban centers. Residents enjoy a relaxed lifestyle with various outdoor recreational opportunities, making it an ideal spot for families and retirees alike.
Current Market Conditions in Manchester, MN
The real estate market in Manchester, MN, is currently experiencing stable growth. With a mix of affordable housing options and a community-focused lifestyle, Manchester has become an attractive place for first-time homebuyers and retirees. Homes here typically sell more quickly than in more competitive neighboring markets due to the area’s affordability, resulting in a steady demand for housing.
In recent months, there has been an increase in interest from buyers looking for homes with spacious lots and rural settings, leading to a slight increase in home prices. The trend indicates that people are looking for homes that provide access to nature and a community-oriented lifestyle.
Home Value Estimator For Manchester, MN
There are currently 23 real estate properties
in Manchester, MN,
with a median automated valuation model (AVM) price
of $100,666.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Manchester, 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 Manchester, MN,
is $111,462.00, with the most expensive house
in Manchester, MN, topping out
at $227,895.00 and the cheapest home
in Manchester, MN,
clocking in at $59,391.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Manchester, MN!
Rent Prices
In Manchester, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Manchester, MN, is on
a rollercoaster ride. The
average rent price in Manchester, MN,
is $997.00. Indeed, when looking to rent in
Manchester, MN, you can expect to pay as little
as $670.00 or as much
as $1,350.00,
with the average rent median estimated to
be $1,020.00. The good news is that finding
an affordable and desirable property to rent in Manchester, 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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