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Foreclosures in Newport, MN 55055

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Newport, MN Foreclosures

How much do homes sell for in Newport, MN?
The average home price is currently $340,724.
In Newport, MN, how many homes are available?
There are currently 1 active home listings available in Newport.
What’s the average rental cost in Newport, MN?
The average rental price in Newport is $1,508.
What is the most expensive home in Newport?
The most expensive home sold in Newport had a price of $1,014,649.
What is currently the cheapest priced home in Newport, MN?
The cheapest home for sale in Newport is priced at $74,975.

Living in Newport, MN

Newport, MN, is a charming small city located in Washington County, known for its friendly community and proximity to the Twin Cities. It offers residents a peaceful lifestyle with a blend of residential areas, parks, and outdoor activities, catering to families and nature lovers alike.

Current Market Conditions in Newport, MN

The current real estate market in Newport is experiencing steady growth, fueled by strong demand for homes and a limited supply. This has led to competitive pricing in many neighborhoods, making it appealing for both buyers and investors looking for profitable opportunities in the area.

Newport's housing market shows signs of strengthening, with an increase in home sales and average sale prices. The ongoing development in surrounding areas and improvements in local infrastructure are attracting more families and professional commuters to Newport, further stimulating the housing market.

Home Value Estimator For Newport, MN

There are currently 955 real estate properties in Newport, MN, with a median automated valuation model (AVM) price of $318,576.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Newport, 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 Newport, MN, is $340,724.00, with the most expensive house in Newport, MN, topping out at $1,014,649.00 and the cheapest home in Newport, MN, clocking in at $74,975.00. In other words, there’s something for every potential homebuyer or savvy investor in Newport, MN!

Rent Prices In Newport, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Newport, MN, is on a rollercoaster ride. The average rent price in Newport, MN, is $1,508.00. Indeed, when looking to rent in Newport, MN, you can expect to pay as little as $920.00 or as much as $3,000.00, with the average rent median estimated to be $1,460.00. The good news is that finding an affordable and desirable property to rent in Newport, 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.

Newport, MN 55055 Foreclosures

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