Living in Mounds View, MN
Mounds View, MN is a vibrant suburban community known for its family-friendly atmosphere and abundant recreational opportunities. With easy access to highways and public transportation, residents can enjoy the tranquility of suburbia while being close to urban hubs. The area also features excellent educational institutions, shopping, and various community events.
Current Market Conditions in Mounds View, MN
The real estate market in Mounds View is currently experiencing steady growth, fueled by demand for affordable family homes and the area's appealing lifestyle. With the average home prices steadily rising, investors can find promising opportunities for appreciation and rental income.
Recent trends indicate an increase in new construction projects, as builders aim to accommodate the growing population. This is attracting a mix of young professionals and families, further strengthening the market dynamics in the area.
Home Value Estimator For Mounds View, MN
There are currently 922 real estate properties
in Mounds View, MN,
with a median automated valuation model (AVM) price
of $311,900.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mounds View, 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 Mounds View, MN,
is $326,480.00, with the most expensive house
in Mounds View, MN, topping out
at $747,006.00 and the cheapest home
in Mounds View, MN,
clocking in at $154,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mounds View, MN!
Rent Prices
In Mounds View, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mounds View, MN, is on
a rollercoaster ride. The
average rent price in Mounds View, MN,
is $1,590.00. Indeed, when looking to rent in
Mounds View, MN, you can expect to pay as little
as $1,080.00 or as much
as $2,060.00,
with the average rent median estimated to
be $1,600.00. The good news is that finding
an affordable and desirable property to rent in Mounds View, 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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