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Foreclosure Homes in Milroy, MN 56263

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Milroy, MN Foreclosures

How much do homes sell for in Milroy, MN?
The average home price is currently $189,908.
In Milroy, MN, how many homes are available?
There are currently 1 active home listings available in Milroy.
What’s the average rental cost in Milroy, MN?
The average rental price in Milroy is $1,090.
What is the most expensive home in Milroy?
The most expensive home sold in Milroy had a price of $2,496,594.
What is currently the cheapest priced home in Milroy, MN?
The cheapest home for sale in Milroy is priced at $49,661.

Living in Milroy, MN

Milroy is a charming small town located in the heart of Southwest Minnesota, known for its friendly community and rural atmosphere. The town offers a peaceful lifestyle surrounded by beautiful natural landscapes, including scenic lakes and farmland. Residents enjoy access to local amenities and a close-knit community vibe that makes it an attractive place to live.

Current Market Conditions in Milroy, MN

The real estate market in Milroy is currently stable, with a mix of affordable homes attracting young families and retirees alike. The area is seeing increased interest from buyers looking for a quieter lifestyle away from the hustle and bustle of city living. Home prices have shown a slight increase over the past year as demand grows.

Currently, homes in Milroy are selling quickly due to the limited inventory available. This has created a competitive environment for buyers, especially for more affordable properties. Sellers are often seeing multiple offers on listings, pushing prices slightly higher.

Home Value Estimator For Milroy, MN

There are currently 153 real estate properties in Milroy, MN, with a median automated valuation model (AVM) price of $145,169.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Milroy, 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 Milroy, MN, is $189,908.00, with the most expensive house in Milroy, MN, topping out at $2,496,594.00 and the cheapest home in Milroy, MN, clocking in at $49,661.00. In other words, there’s something for every potential homebuyer or savvy investor in Milroy, MN!

Rent Prices In Milroy, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Milroy, MN, is on a rollercoaster ride. The average rent price in Milroy, MN, is $1,090.00. Indeed, when looking to rent in Milroy, MN, you can expect to pay as little as $570.00 or as much as $2,340.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Milroy, 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.

Milroy, MN 56263 Foreclosures


Market Trend for Milroy, MN

Total Listings Available: 1

Market Values:

Home Prices from $49,661 to $2,496,594

Average Sales Price: $189,908

Rental Values:

Rental from $570 to $2,340

Average Rent Value: $1,090 / month

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