Nisswa, MN Foreclosures
How much do homes sell for in Nisswa, MN?
The average home price is currently $777,877.
In Nisswa, MN, how many homes are available?
There are currently 3 active home listings available in Nisswa.
What’s the average rental cost in Nisswa, MN?
The average rental price in Nisswa is $1,733.
What is the most expensive home in Nisswa?
The most expensive home sold in Nisswa had a price of $5,892,590.
What is currently the cheapest priced home in Nisswa, MN?
The cheapest home for sale in Nisswa is priced at $39,337.
Living in Nisswa, MN
Nisswa, MN, is a picturesque small town situated amid beautiful lakes and forests, offering a perfect blend of outdoor recreation and cozy community life. With exceptional schools, charming local businesses, and a variety of events, it's a great place for families and outdoor enthusiasts. The town's scenic beauty and friendly atmosphere make it an ideal location for seeking a peaceful yet active lifestyle.
Current Market Conditions in Nisswa, MN
The real estate market in Nisswa has shown steady growth, driven by its popularity as a recreational destination. Buyers are increasingly interested in vacation homes and permanent residences alike, which is reflected in the competitive nature of recent transactions. Home prices have seen a modest increase, leading to a surge of investments in local real estate, particularly among individuals and families looking to embrace the outdoor lifestyle.
As of recent months, the Nisswa market has gained attention from both new homebuyers and investors, drawn by the area's charming community and accessibility to outdoor activities. With a diverse range of properties available, from quaint cabins to more luxurious homes, there appears to be something for everyone in Nisswa.
Home Value Estimator For Nisswa, MN
There are currently 3,188 real estate properties
in Nisswa, MN,
with a median automated valuation model (AVM) price
of $595,980.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Nisswa, 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 Nisswa, MN,
is $777,877.00, with the most expensive house
in Nisswa, MN, topping out
at $5,892,590.00 and the cheapest home
in Nisswa, MN,
clocking in at $39,337.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Nisswa, MN!
Rent Prices
In Nisswa, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Nisswa, MN, is on
a rollercoaster ride. The
average rent price in Nisswa, MN,
is $1,733.00. Indeed, when looking to rent in
Nisswa, MN, you can expect to pay as little
as $620.00 or as much
as $2,780.00,
with the average rent median estimated to
be $1,700.00. The good news is that finding
an affordable and desirable property to rent in Nisswa, 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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