Mckinley, MN Foreclosures
How much do homes sell for in Mckinley, MN?
The average home price is currently $120,573.
What’s the average rental cost in Mckinley, MN?
The average rental price in Mckinley is $914.
What is the most expensive home in Mckinley?
The most expensive home sold in Mckinley had a price of $224,637.
What is currently the cheapest priced home in Mckinley, MN?
The cheapest home for sale in Mckinley is priced at $19,783.
Living in Mckinley, MN
Mckinley, MN is a picturesque township in St. Louis County, offering a tranquil lifestyle surrounded by nature. The community thrives on its outdoor attractions and family-friendly atmosphere, making it a perfect home for those who cherish a slower pace of life. With essential amenities just a short drive away, Mckinley combines rural charm with practicality.
Current Market Conditions in Mckinley, MN
The real estate market in Mckinley, MN has shown steady growth in recent months, driven by an increasing interest in rural properties. Buyers are drawn to the region for its affordability and the expansive natural areas that promise recreational benefits. The market is characterized by a good mix of single-family homes, with new listings often attracting multiple offers due to the limited inventory available.
As more people seek out quieter places to reside, Mckinley's appeal grows. Firstly, the price range for homes remains lower compared to surrounding urban areas, making it attractive for first-time buyers and families. There is also a growing trend of people relocating from larger cities, searching for more space and a peaceful lifestyle.
Home Value Estimator For Mckinley, MN
There are currently 33 real estate properties
in Mckinley, MN,
with a median automated valuation model (AVM) price
of $116,271.00. 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 $120,573.00, with the most expensive house
in Mckinley, MN, topping out
at $224,637.00 and the cheapest home
in Mckinley, MN,
clocking in at $19,783.00. 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 $914.00. 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.
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