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Preforeclosure Homes in North Mankato, MN 56003

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North Mankato, MN Foreclosures

How much do homes sell for in North Mankato, MN?
The average home price is currently $355,005.
In North Mankato, MN, how many homes are available?
There are currently 4 active home listings available in North Mankato.
What’s the average rental cost in North Mankato, MN?
The average rental price in North Mankato is $1,630.
What is the most expensive home in North Mankato?
The most expensive home sold in North Mankato had a price of $3,808,262.
What is currently the cheapest priced home in North Mankato, MN?
The cheapest home for sale in North Mankato is priced at $28,232.

Living in North Mankato, MN

North Mankato is a charming city in Minnesota offering a mix of small-town friendliness and modern conveniences. Residents enjoy beautiful parks, recreational activities, and a growing community. With various amenities and educational options, it's a great place for families and individuals alike.

Current Market Conditions in North Mankato, MN

The North Mankato real estate market currently exhibits a balanced dynamic, with a healthy mix of buyers and sellers. Home prices have seen a steady upward trend over the past few months, attracting new residents looking for a friendly community atmosphere combined with accessibility to larger urban areas.

Additionally, the demand for single-family homes remains strong, particularly among first-time buyers and families seeking to settle down in a supportive environment. The inventory, while varied, presents ample opportunities for investments and new homeowners.

Home Value Estimator For North Mankato, MN

There are currently 4,491 real estate properties in North Mankato, MN, with a median automated valuation model (AVM) price of $321,949.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in North Mankato, 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 North Mankato, MN, is $355,005.00, with the most expensive house in North Mankato, MN, topping out at $3,808,262.00 and the cheapest home in North Mankato, MN, clocking in at $28,232.00. In other words, there’s something for every potential homebuyer or savvy investor in North Mankato, MN!

Rent Prices In North Mankato, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in North Mankato, MN, is on a rollercoaster ride. The average rent price in North Mankato, MN, is $1,630.00. Indeed, when looking to rent in North Mankato, MN, you can expect to pay as little as $830.00 or as much as $3,840.00, with the average rent median estimated to be $1,590.00. The good news is that finding an affordable and desirable property to rent in North Mankato, 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.

North Mankato, MN 56003 Preforeclosure Homes


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