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Foreclosure Homes in Milroy, MN 56263

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Milroy, MN Foreclosures

Current Market Conditions in in Milroy, MN As of April 2026?
In the past month, the Milroy real estate market has experienced slight fluctuations in activity, with an increase in open houses and showings due to the warmer weather. As buyers look to settle before the end of summer, homes that are priced appropriately are moving relatively quickly, while properties with higher price points are taking a bit longer to find buyers. The overall trend indicates a continued interest in the area, leading to a balanced market for both buyers and sellers this month.
How much do homes sell for in Milroy, MN?
The average home price is currently $188,856.
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 $1,845,566.
What is currently the cheapest priced home in Milroy, MN?
The cheapest home for sale in Milroy is priced at $40,092.

Living in Milroy, MN

Milroy is a small, picturesque town in southwestern Minnesota known for its tight-knit community and beautiful rural landscapes. With a rich agricultural heritage, residents enjoy a tranquil lifestyle and access to outdoor recreational activities. The town is characterized by friendly neighbors and a slower pace of life, making it an ideal location for families and retirees looking for a peaceful environment.

Buyer vs Seller Market in Milroy, MN

The real estate market in Milroy remains steady, characterized by affordable housing options and increasing interest from buyers seeking rural and tranquility. Homes in the area typically experience a moderate demand, influenced by those looking for a quieter lifestyle away from urban centers.

Investments in local amenities and community events have positively impacted the allure of home ownership in Milroy. As more individuals from nearby towns explore options outside of congested areas, Milroy's real estate market is expected to see slight growth, particularly in single-family homes.

Home Value Estimator For Milroy, MN

There are currently 168 real estate properties in Milroy, MN, with a median automated valuation model (AVM) price of $145,560.00. 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 $188,856.00, with the most expensive house in Milroy, MN, topping out at $1,845,566.00 and the cheapest home in Milroy, MN, clocking in at $40,092.00. 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: 0

Market Values:

Home Prices from $40,092 to $1,845,566

Average Sales Price: $188,856

Rental Values:

Rental from $570 to $2,340

Average Rent Value: $1,090 / month

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