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Condo Foreclosures in Mayer, MN 55360

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Mayer, MN Foreclosures

How much do homes sell for in Mayer, MN?
The average home price is currently $464,648.
What’s the average rental cost in Mayer, MN?
The average rental price in Mayer is $1,694.
What is the most expensive home in Mayer?
The most expensive home sold in Mayer had a price of $3,380,559.
What is currently the cheapest priced home in Mayer, MN?
The cheapest home for sale in Mayer is priced at $60,396.

Living in Mayer, MN

Mayer, MN is a charming small town that combines a friendly community atmosphere with access to beautiful parks and outdoor activities. Its proximity to the Twin Cities makes it a perfect retreat from urban life while still providing essential amenities. Parents will benefit from the excellent local schools, making it a desirable location for families.

Current Market Conditions in Mayer, MN

The real estate market in Mayer, MN is currently experiencing a steady demand, with a mix of single-family homes and townhomes appealing to a variety of buyers. Prices have been gradually increasing, reflecting the growing interest in this quaint community as more individuals and families seek a peaceful lifestyle that is not far from the city.

Investors looking at Mayer can expect a competitive market driven by the area's reputation for safety, good schools, and community involvement. With new developments and renovations underway, the potential for property appreciation is promising, which makes it an attractive opportunity for real estate investments.

Home Value Estimator For Mayer, MN

There are currently 1,129 real estate properties in Mayer, MN, with a median automated valuation model (AVM) price of $385,718.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mayer, 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 Mayer, MN, is $464,648.00, with the most expensive house in Mayer, MN, topping out at $3,380,559.00 and the cheapest home in Mayer, MN, clocking in at $60,396.00. In other words, there’s something for every potential homebuyer or savvy investor in Mayer, MN!

Rent Prices In Mayer, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mayer, MN, is on a rollercoaster ride. The average rent price in Mayer, MN, is $1,694.00. Indeed, when looking to rent in Mayer, MN, you can expect to pay as little as $810.00 or as much as $2,740.00, with the average rent median estimated to be $1,650.00. The good news is that finding an affordable and desirable property to rent in Mayer, 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.

Mayer, MN 55360 Condos


Market Trend for Mayer, MN

Total Listings Available: 0

Market Values:

Home Prices from $60,396 to $3,380,559

Average Sales Price: $464,648

Rental Values:

Rental from $810 to $2,740

Average Rent Value: $1,694 / month

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