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Foreclosure Homes in Mcgregor, MN 55760

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Mcgregor, MN Foreclosures

How much do homes sell for in Mcgregor, MN?
The average home price is currently $346,553.
In Mcgregor, MN, how many homes are available?
There are currently 3 active home listings available in Mcgregor.
What’s the average rental cost in Mcgregor, MN?
The average rental price in Mcgregor is $1,400.
What is the most expensive home in Mcgregor?
The most expensive home sold in Mcgregor had a price of $8,759,492.
What is currently the cheapest priced home in Mcgregor, MN?
The cheapest home for sale in Mcgregor is priced at $16,725.

Living in Mcgregor, MN

McGregor, MN, is a charming small town known for its scenic views and outdoor activities, providing a close-knit community environment. With access to Big Sandy Lake and a variety of local amenities, it’s ideal for families and nature enthusiasts alike. The local schools and community events enhance the overall quality of life for residents.

Current Market Conditions in Mcgregor, MN

The real estate market in McGregor, MN, has shown steady growth over the past several years. Amid an increasing interest in rural living, homes have appreciated, making it a favorable market for investors. This demand is fueled by the town's appeal as a retreat for those seeking outdoor adventures and a slower-paced lifestyle.

As of late 2023, inventory has remained low, leading to competitive pricing in home listings. Investors are capitalizing on this trend, with many seeking to purchase properties as vacation rentals or permanent residences. The combination of affordability and potential for appreciation makes McGregor an attractive location for real estate opportunities.

Home Value Estimator For Mcgregor, MN

There are currently 3,213 real estate properties in Mcgregor, MN, with a median automated valuation model (AVM) price of $304,838.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mcgregor, 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 Mcgregor, MN, is $346,553.00, with the most expensive house in Mcgregor, MN, topping out at $8,759,492.00 and the cheapest home in Mcgregor, MN, clocking in at $16,725.00. In other words, there’s something for every potential homebuyer or savvy investor in Mcgregor, MN!

Rent Prices In Mcgregor, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mcgregor, MN, is on a rollercoaster ride. The average rent price in Mcgregor, MN, is $1,400.00. Indeed, when looking to rent in Mcgregor, MN, you can expect to pay as little as $600.00 or as much as $2,820.00, with the average rent median estimated to be $1,480.00. The good news is that finding an affordable and desirable property to rent in Mcgregor, 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.

Mcgregor, MN 55760 Foreclosures


Market Trend for Mcgregor, MN

Total Listings Available: 3

Market Values:

Home Prices from $16,725 to $8,759,492

Average Sales Price: $346,553

Rental Values:

Rental from $600 to $2,820

Average Rent Value: $1,400 / month

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