Mckinley, MN Foreclosures
How much do homes sell for in Mckinley, MN?
The average home price is currently $130,038.
What’s the average rental cost in Mckinley, MN?
The average rental price in Mckinley is $911.
What is the most expensive home in Mckinley?
The most expensive home sold in Mckinley had a price of $539,235.
What is currently the cheapest priced home in Mckinley, MN?
The cheapest home for sale in Mckinley is priced at $19,656.
Living in Mckinley, MN
McKinley, MN is a quaint, close-knit community located in St. Louis County. Known for its natural beauty and outdoor recreational opportunities, it offers a peaceful lifestyle away from the hustle of larger cities. Its affordability and friendly atmosphere make it an attractive option for families and retirees alike.
Current Market Conditions in Mckinley, MN
The real estate market in McKinley is currently showing signs of stability and slight growth. With a mix of affordable single-family homes and a few unique properties, the town appeals to a diverse group of homebuyers. Inventory levels are gradually improving, providing buyers with more options to choose from.
Currently, there is a balanced supply of homes for sale that is neither favoring buyers nor sellers. Home prices are relatively low concerning nearby cities, attracting investors and first-time homebuyers looking for a good deal.
Home Value Estimator For Mckinley, MN
There are currently 35 real estate properties
in Mckinley, MN,
with a median automated valuation model (AVM) price
of $117,432.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mckinley, 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 Mckinley, MN,
is $130,038.00, with the most expensive house
in Mckinley, MN, topping out
at $539,235.00 and the cheapest home
in Mckinley, MN,
clocking in at $19,656.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mckinley, MN!
Rent Prices
In Mckinley, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mckinley, MN, is on
a rollercoaster ride. The
average rent price in Mckinley, MN,
is $911.00. Indeed, when looking to rent in
Mckinley, MN, you can expect to pay as little
as $740.00 or as much
as $1,200.00,
with the average rent median estimated to
be $880.00. The good news is that finding
an affordable and desirable property to rent in Mckinley, 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.