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Multi-family Foreclosures in Nevis, MN 56467

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Nevis, MN Foreclosures

How much do homes sell for in Nevis, MN?
The average home price is currently $421,687.
What’s the average rental cost in Nevis, MN?
The average rental price in Nevis is $1,368.
What is the most expensive home in Nevis?
The most expensive home sold in Nevis had a price of $1,908,698.
What is currently the cheapest priced home in Nevis, MN?
The cheapest home for sale in Nevis is priced at $13,620.

Living in Nevis, MN

Nevis is a charming small town located in the heart of Minnesota's pristine lake country, offering a quiet, family-friendly atmosphere. The community is known for its strong local identity, beautiful landscapes, and access to various outdoor recreational activities. Residents enjoy a close-knit community feel, with excellent local businesses and essential amenities available nearby.

Current Market Conditions in Nevis, MN

The Nevis real estate market has shown stability over the past few years, primarily driven by the demand for vacation homes and retirement properties. The town's picturesque setting and community amenities make it a desirable location for those looking to escape the bustle of city life and enjoy the tranquility of lake living.

Currently, properties are seeing a range of prices, reflecting the diversity of housing options from affordable bungalows to luxury lakeside retreats. Interest in Nevis has grown, with many buyers actively seeking homes in the area, suggesting a competitive market.

The market is characterized by moderate availability of homes, with steady growth expected as more people discover the benefits of small-town living in Minnesota's beautiful lake region.

Home Value Estimator For Nevis, MN

There are currently 2,361 real estate properties in Nevis, MN, with a median automated valuation model (AVM) price of $383,226.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Nevis, 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 Nevis, MN, is $421,687.00, with the most expensive house in Nevis, MN, topping out at $1,908,698.00 and the cheapest home in Nevis, MN, clocking in at $13,620.00. In other words, there’s something for every potential homebuyer or savvy investor in Nevis, MN!

Rent Prices In Nevis, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Nevis, MN, is on a rollercoaster ride. The average rent price in Nevis, MN, is $1,368.00. Indeed, when looking to rent in Nevis, MN, you can expect to pay as little as $570.00 or as much as $2,720.00, with the average rent median estimated to be $1,380.00. The good news is that finding an affordable and desirable property to rent in Nevis, 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.

Nevis, MN 56467 Multi-family Homes


Market Trend for Nevis, MN

Total Listings Available: 0

Market Values:

Home Prices from $13,620 to $1,908,698

Average Sales Price: $421,687

Rental Values:

Rental from $570 to $2,720

Average Rent Value: $1,368 / month

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