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Preforeclosure Homes in Mora, MN 55051

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Mora, MN Foreclosures

How much do homes sell for in Mora, MN?
The average home price is currently $303,785.
In Mora, MN, how many homes are available?
There are currently 9 active home listings available in Mora.
What’s the average rental cost in Mora, MN?
The average rental price in Mora is $1,437.
What is the most expensive home in Mora?
The most expensive home sold in Mora had a price of $3,041,086.
What is currently the cheapest priced home in Mora, MN?
The cheapest home for sale in Mora is priced at $22,853.

Living in Mora, MN

Mora, MN is a small town with a rich community spirit and plentiful outdoor activities. Residents enjoy a serene lifestyle surrounded by nature while having access to local shops and schools. The area is perfect for those looking to escape the hustle of city living and enjoy a tight-knit community.

Current Market Conditions in Mora, MN

The real estate market in Mora, MN has shown promising growth, with home prices gradually increasing over the past few years. The demand for homes has risen as more people seek the tranquility of rural living, and this is reflected in the desirable properties that are becoming available.

Currently, the market is experiencing a shortage of inventory, driving prices up and creating a competitive environment for buyers. Properties that are well-maintained and in good locations tend to sell quickly, indicating a strong buyer interest.

Home Value Estimator For Mora, MN

There are currently 3,967 real estate properties in Mora, MN, with a median automated valuation model (AVM) price of $274,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mora, 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 Mora, MN, is $303,785.00, with the most expensive house in Mora, MN, topping out at $3,041,086.00 and the cheapest home in Mora, MN, clocking in at $22,853.00. In other words, there’s something for every potential homebuyer or savvy investor in Mora, MN!

Rent Prices In Mora, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mora, MN, is on a rollercoaster ride. The average rent price in Mora, MN, is $1,437.00. Indeed, when looking to rent in Mora, MN, you can expect to pay as little as $650.00 or as much as $2,800.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in Mora, 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.

Mora, MN 55051 Preforeclosure Homes

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