Morgan, MN Foreclosures
How much do homes sell for in Morgan, MN?
The average home price is currently $279,454.
What’s the average rental cost in Morgan, MN?
The average rental price in Morgan is $1,046.
What is the most expensive home in Morgan?
The most expensive home sold in Morgan had a price of $4,807,747.
What is currently the cheapest priced home in Morgan, MN?
The cheapest home for sale in Morgan is priced at $25,793.
Living in Morgan, MN
Morgan, MN is a charming small town that offers a tranquil lifestyle surrounded by stunning natural beauty. With a close-knit community and various outdoor recreational activities, it is a perfect place for families and retirees alike. Residents enjoy easy access to essential amenities while embracing the peaceful atmosphere of rural living.
Current Market Conditions in Morgan, MN
The real estate market in Morgan, MN shows a stable environment with modest growth trends. Property values have seen a consistent appreciation over the past few years, making it an attractive spot for homebuyers looking for affordability coupled with community-oriented living.
As telecommuting becomes more commonplace, interest in smaller towns like Morgan is increasing, enticing buyers who seek a slower pace of life. The combination of competitive pricing, low inventory, and a rising demand is shaping the market positively.
Home Value Estimator For Morgan, MN
There are currently 556 real estate properties
in Morgan, MN,
with a median automated valuation model (AVM) price
of $151,049.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Morgan, 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 Morgan, MN,
is $279,454.00, with the most expensive house
in Morgan, MN, topping out
at $4,807,747.00 and the cheapest home
in Morgan, MN,
clocking in at $25,793.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Morgan, MN!
Rent Prices
In Morgan, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Morgan, MN, is on
a rollercoaster ride. The
average rent price in Morgan, MN,
is $1,046.00. Indeed, when looking to rent in
Morgan, MN, you can expect to pay as little
as $570.00 or as much
as $2,220.00,
with the average rent median estimated to
be $930.00. The good news is that finding
an affordable and desirable property to rent in Morgan, 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.
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