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Foreclosures in Minneapolis, KS

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Living in Minneapolis, KS

Minneapolis, KS is a charming small town with a close-knit community and a variety of outdoor activities. Located in the Midwest, it offers a blend of rural living and modern conveniences, making it ideal for families and retirees. The city's parks, local businesses, and community events provide a vibrant lifestyle in a welcoming environment.

Current Market Conditions in Minneapolis, KS

The real estate market in Minneapolis, KS is currently experiencing a steady growth trend. The prices of homes have remained relatively stable, with a slight increase in demand due to the desirable rural lifestyle and proximity to larger urban areas.

Investors can find opportunities for both residential and rental properties, as more families and individuals seek affordable housing options in peaceful settings. The market remains accessible for first-time homebuyers while also appealing to seasoned investors looking for stable investments.

Home Value Estimator For Minneapolis, KS

There are currently 952 real estate properties in Minneapolis, KS, with a median automated valuation model (AVM) price of $145,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Minneapolis, KS, 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 Minneapolis, KS, is $156,806.00, with the most expensive house in Minneapolis, KS, topping out at $769,202.00 and the cheapest home in Minneapolis, KS, clocking in at $31,135.00. In other words, there’s something for every potential homebuyer or savvy investor in Minneapolis, KS!

Rent Prices In Minneapolis, KS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Minneapolis, KS, is on a rollercoaster ride. The average rent price in Minneapolis, KS, is $1,106.00. Indeed, when looking to rent in Minneapolis, KS, you can expect to pay as little as $550.00 or as much as $1,830.00, with the average rent median estimated to be $1,060.00. The good news is that finding an affordable and desirable property to rent in Minneapolis, KS -- 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.

Minneapolis, KS Foreclosures


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