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Foreclosures in Milaca, MN 56353

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Milaca, MN Foreclosures

How much do homes sell for in Milaca, MN?
The average home price is currently $335,061.
In Milaca, MN, how many homes are available?
There are currently 3 active home listings available in Milaca.
What’s the average rental cost in Milaca, MN?
The average rental price in Milaca is $1,501.
What is the most expensive home in Milaca?
The most expensive home sold in Milaca had a price of $5,137,865.
What is currently the cheapest priced home in Milaca, MN?
The cheapest home for sale in Milaca is priced at $16,955.

Living in Milaca, MN

Milaca, MN is a quaint city nestled in Mille Lacs County known for its friendly community, rich history, and beautiful natural surroundings. Residents enjoy access to various local businesses, parks, and recreational activities that foster a small-town charm. With its convenient location, Milaca offers an appealing balance of rural living and urban connectivity.

Current Market Conditions in Milaca, MN

Currently, the real estate market in Milaca is experiencing steady growth, with a strong demand for single-family homes as families seek affordable housing options. The town's inviting atmosphere and community events have attracted many new residents, contributing to the ongoing market expansion.

This year, we have seen an increase in home prices, with more buyers entering the market as the economy continues to recover. The trend is expected to continue as more people discover the benefits of living in Milaca.

Home Value Estimator For Milaca, MN

There are currently 3,227 real estate properties in Milaca, MN, with a median automated valuation model (AVM) price of $311,098.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Milaca, 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 Milaca, MN, is $335,061.00, with the most expensive house in Milaca, MN, topping out at $5,137,865.00 and the cheapest home in Milaca, MN, clocking in at $16,955.00. In other words, there’s something for every potential homebuyer or savvy investor in Milaca, MN!

Rent Prices In Milaca, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Milaca, MN, is on a rollercoaster ride. The average rent price in Milaca, MN, is $1,501.00. Indeed, when looking to rent in Milaca, MN, you can expect to pay as little as $630.00 or as much as $3,420.00, 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 Milaca, 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.

Milaca, MN 56353 Foreclosures

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