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Foreclosure Homes in New Germany, MN

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New Germany, MN Foreclosures

How much do homes sell for in New Germany, MN?
The average home price is currently $478,323.
In New Germany, MN, how many homes are available?
There are currently 4 active home listings available in New Germany.
What’s the average rental cost in New Germany, MN?
The average rental price in New Germany is $1,948.
What is the most expensive home in New Germany?
The most expensive home sold in New Germany had a price of $2,984,227.
What is currently the cheapest priced home in New Germany, MN?
The cheapest home for sale in New Germany is priced at $16,528.

Living in New Germany, MN

New Germany, Minnesota is a small, peaceful community known for its friendly atmosphere and beautiful natural surroundings. With its close-knit community and access to outdoor activities, it offers a relaxed lifestyle that is perfect for families and individuals alike. Housing options range from charming historic homes to new construction, appealing to a variety of buyers.

Current Market Conditions in New Germany, MN

New Germany's real estate market is showing signs of growth, with increasing interest from homebuyers looking for affordable housing options outside the urban centers. The market has been characterized by steady price appreciation and a limited inventory, causing competition among buyers.

There has been a noticeable increase in the number of new developments and renovations of older homes, which appeal to first-time buyers and those looking to upgrade. The town's tranquil environment paired with its affordability compared to major metropolitan areas adds to its allure.

Home Value Estimator For New Germany, MN

There are currently 431 real estate properties in New Germany, MN, with a median automated valuation model (AVM) price of $356,819.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in New Germany, 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 New Germany, MN, is $478,323.00, with the most expensive house in New Germany, MN, topping out at $2,984,227.00 and the cheapest home in New Germany, MN, clocking in at $16,528.00. In other words, there’s something for every potential homebuyer or savvy investor in New Germany, MN!

Rent Prices In New Germany, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in New Germany, MN, is on a rollercoaster ride. The average rent price in New Germany, MN, is $1,948.00. Indeed, when looking to rent in New Germany, MN, you can expect to pay as little as $1,040.00 or as much as $4,240.00, with the average rent median estimated to be $1,750.00. The good news is that finding an affordable and desirable property to rent in New Germany, 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.

New Germany, MN Foreclosures

Market Trend for New Germany, MN

Total Listings Available: 4

Market Values:

Home Prices from $16,528 to $2,984,227

Average Sales Price: $478,323

Rental Values:

Rental from $1,040 to $4,240

Average Rent Value: $1,948 / month

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