Newfolden, MN Foreclosures
How much do homes sell for in Newfolden, MN?
The average home price is currently $202,500.
What’s the average rental cost in Newfolden, MN?
The average rental price in Newfolden is $1,129.
What is the most expensive home in Newfolden?
The most expensive home sold in Newfolden had a price of $844,290.
What is currently the cheapest priced home in Newfolden, MN?
The cheapest home for sale in Newfolden is priced at $14,522.
Living in Newfolden, MN
Newfolden, MN, is a peaceful rural community that offers a serene lifestyle with access to outdoor activities. With a close-knit population of around 500, it provides a great family-friendly atmosphere along with quality education through the Marshall County Central School District. Residents can enjoy the beauty of nature and a slower pace of life, all while being conveniently close to larger towns and cities.
Current Market Conditions in Newfolden, MN
The real estate market in Newfolden remains stable, with prices reflecting the small-town character and rural charm of the area. The average home price in Newfolden is around $150,000, making it an attractive option for first-time buyers and those seeking a quieter lifestyle.
With the shift in remote work and a growing interest in rural living, demand for houses in Newfolden has seen a modest increase. Home values have appreciated slowly over the past few years, as more people look to relocate from urban areas to more spacious and cost-effective rural settings.
Home Value Estimator For Newfolden, MN
There are currently 278 real estate properties
in Newfolden, MN,
with a median automated valuation model (AVM) price
of $194,291.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Newfolden, 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 Newfolden, MN,
is $202,500.00, with the most expensive house
in Newfolden, MN, topping out
at $844,290.00 and the cheapest home
in Newfolden, MN,
clocking in at $14,522.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Newfolden, MN!
Rent Prices
In Newfolden, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Newfolden, MN, is on
a rollercoaster ride. The
average rent price in Newfolden, MN,
is $1,129.00. Indeed, when looking to rent in
Newfolden, MN, you can expect to pay as little
as $570.00 or as much
as $1,980.00,
with the average rent median estimated to
be $1,140.00. The good news is that finding
an affordable and desirable property to rent in Newfolden, 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.
Learn more on Foreclosure homes
