Land Foreclosures in Montgomery, MN

Current Market Conditions in Montgomery, MN

The Montgomery real estate market is currently stable, with a modest increase in home prices over recent months. The demand for homes in smaller towns, particularly amid ongoing remote work trends, has contributed to a rise in interest and investment in the area. Homes that are well-maintained and in prime locations are still seeing competitive offers.

Investors and first-time homebuyers are actively looking in Montgomery as inventory remains limited, which has resulted in a steady appreciation of property values. New constructions and renovations are becoming more common as the community continues to grow.

Rent Prices In Montgomery, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Montgomery, MN, is on a rollercoaster ride. The average rent price in Montgomery, MN, is $1,570.00. Indeed, when looking to rent in Montgomery, MN, you can expect to pay as little as $690.00 or as much as $3,220.00, with the average rent median estimated to be $1,510.00. The good news is that finding an affordable and desirable property to rent in Montgomery, 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.