Minneapolis, KS Foreclosures
How much do homes sell for in Minneapolis, KS?
The average home price is currently $155,913.
In Minneapolis, KS, how many homes are available?
There are currently 1 active home listings available in Minneapolis.
What’s the average rental cost in Minneapolis, KS?
The average rental price in Minneapolis is $1,105.
What is the most expensive home in Minneapolis?
The most expensive home sold in Minneapolis had a price of $721,042.
What is currently the cheapest priced home in Minneapolis, KS?
The cheapest home for sale in Minneapolis is priced at $26,314.
Living in Minneapolis, KS
Minneapolis, located in the heart of Kansas, is a quaint community that offers a peaceful lifestyle with close-knit neighborhoods. The city boasts a strong sense of community and a range of local amenities, making it ideal for families and retirees alike. With its proximity to larger urban areas, residents enjoy both the tranquility of small-town living and easy access to city conveniences.
Current Market Conditions in Minneapolis, KS
The real estate market in Minneapolis remains stable with a moderate demand for housing. As of late 2023, home prices have shown slight appreciation, attributed to an influx of buyers seeking affordable homes in a rural setting. The area continues to attract both first-time homebuyers and those looking to retire due to its charm and amenities.
New construction projects are rare but have been observed in response to the demand for housing. Property turnover is relatively slow, typical for rural areas, with homes being well-kept and often remaining in families for generations.
Home Value Estimator For Minneapolis, KS
There are currently 972 real estate properties
in Minneapolis, KS,
with a median automated valuation model (AVM) price
of $140,191.00. 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 $155,913.00, with the most expensive house
in Minneapolis, KS, topping out
at $721,042.00 and the cheapest home
in Minneapolis, KS,
clocking in at $26,314.00. 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 $1,105.00. 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.
Learn more on Foreclosure homes
