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Cheap Homes in Morris, MN

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Morris, MN Foreclosures

How much do homes sell for in Morris, MN?
The average home price is currently $230,487.
What’s the average rental cost in Morris, MN?
The average rental price in Morris is $1,219.
What is the most expensive home in Morris?
The most expensive home sold in Morris had a price of $5,709,528.
What is currently the cheapest priced home in Morris, MN?
The cheapest home for sale in Morris is priced at $26,312.

Living in Morris, MN

Morris, MN, is a charming small town located in west-central Minnesota, offering a unique blend of rural beauty and cultural amenities. With its close-knit community, beautiful outdoor spaces, and a vibrant local arts scene, Morris is a fantastic place to call home. The city serves as a hub for education and recreation in the region, making it appealing for both families and individuals.

Current Market Conditions in Morris, MN

The Morris real estate market is currently stable, with a balanced inventory of homes available for sale. Buyers are drawn to the affordable prices and family-friendly atmosphere, resulting in steady demand. The local market continues to attract first-time buyers and those looking to relocate for its quality of life.

There has been a trend towards more homes being bought as investment properties, especially near the university, which is driving some activity in the rental market. Overall, the local economy is supporting moderate growth in home values and homeowner interest.

Home Value Estimator For Morris, MN

There are currently 1,860 real estate properties in Morris, MN, with a median automated valuation model (AVM) price of $189,976.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Morris, 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 Morris, MN, is $230,487.00, with the most expensive house in Morris, MN, topping out at $5,709,528.00 and the cheapest home in Morris, MN, clocking in at $26,312.00. In other words, there’s something for every potential homebuyer or savvy investor in Morris, MN!

Rent Prices In Morris, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Morris, MN, is on a rollercoaster ride. The average rent price in Morris, MN, is $1,219.00. Indeed, when looking to rent in Morris, MN, you can expect to pay as little as $580.00 or as much as $2,120.00, with the average rent median estimated to be $1,200.00. The good news is that finding an affordable and desirable property to rent in Morris, 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.

Cheap Homes in Morris, MN

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