Mcgregor, MN Foreclosures
Current Market Conditions in in Mcgregor, MN As of February 2026?
In the past month, McGregor's real estate market has continued to strengthen with an increase in demand for residential properties. This follows a trend observed since the beginning of the year, where buyers have shown a preference for quiet towns with ample outdoor recreational opportunities. The heightened activity has led to an influx of new listings, although inventory remains low. This has created a sense of urgency among buyers, resulting in homes selling faster compared to earlier months. Overall, the market appears robust as seasonal changes start to draw in more potential residents looking for summer retreats or permanent homes in this scenic area.
How much do homes sell for in Mcgregor, MN?
The average home price is currently $354,783.
In Mcgregor, MN, how many homes are available?
There are currently 1 active home listings available in Mcgregor.
What’s the average rental cost in Mcgregor, MN?
The average rental price in Mcgregor is $1,397.
What is the most expensive home in Mcgregor?
The most expensive home sold in Mcgregor had a price of $9,179,954.
What is currently the cheapest priced home in Mcgregor, MN?
The cheapest home for sale in Mcgregor is priced at $21,151.
Living in Mcgregor, MN
McGregor, MN is a quaint town that blends serene natural beauty with a strong sense of community. Located near Mille Lacs Lake, it offers ample outdoor activities and a welcoming environment for families and retirees. With a rich history and community events, McGregor evokes a peaceful lifestyle surrounded by nature.
Buyer vs Seller Market in Mcgregor, MN
The real estate market in McGregor, MN has shown a steady growth trend over the past few months, reflecting the high demand for homes in small towns. The picturesque location and affordable property prices attract both first-time buyers and retirees looking for a peaceful lifestyle away from urban chaos. The market remains competitive, with homes selling quickly and often above the asking price as more people seek a connection with nature.
Recently, the inventory levels have tightened somewhat, leading to a slight increase in home prices. Buyers are willing to invest in properties that offer proximity to recreational activities, lakes, and a tight-knit community atmosphere, making McGregor an appealing option for many.
Home Value Estimator For Mcgregor, MN
There are currently 3,470 real estate properties
in Mcgregor, MN,
with a median automated valuation model (AVM) price
of $313,957.00. 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 $354,783.00, with the most expensive house
in Mcgregor, MN, topping out
at $9,179,954.00 and the cheapest home
in Mcgregor, MN,
clocking in at $21,151.00. 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 $1,397.00. 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.
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