Foreclosures in Merrifield, MN 56465

Current Market Conditions in Merrifield, MN

The real estate market in Merrifield is characterized by a gentle rise in home prices, driven largely by the appeal of the area’s natural surroundings and recreational opportunities. Homebuyers are finding an increasing interest in homes that offer both affordability and space for outdoor activities.

Current trends indicate that buyers are particularly interested in single-family homes with larger lot sizes, as remote work continues to be a trend and families prioritize yards and additional space.

Rent Prices In Merrifield, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Merrifield, MN, is on a rollercoaster ride. The average rent price in Merrifield, MN, is $1,662.00. Indeed, when looking to rent in Merrifield, MN, you can expect to pay as little as $640.00 or as much as $2,280.00, with the average rent median estimated to be $1,560.00. The good news is that finding an affordable and desirable property to rent in Merrifield, 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.