Oak Grove, MN Foreclosures
How much do homes sell for in Oak Grove, MN?
The average home price is currently $592,882.
In Oak Grove, MN, how many homes are available?
There are currently 11 active home listings available in Oak Grove.
What’s the average rental cost in Oak Grove, MN?
The average rental price in Oak Grove is $2,167.
What is the most expensive home in Oak Grove?
The most expensive home sold in Oak Grove had a price of $2,695,717.
What is currently the cheapest priced home in Oak Grove, MN?
The cheapest home for sale in Oak Grove is priced at $24,191.
Living in Oak Grove, MN
Oak Grove, MN, is a serene suburban community that features beautiful landscapes and a family-friendly atmosphere. With its numerous parks and outdoor activities, it’s ideal for nature lovers. The area boasts reputable schools and a tight-knit community, making it a great choice for families looking for a peaceful yet connected lifestyle.
Current Market Conditions in Oak Grove, MN
In the Oak Grove area, the real estate market has been experiencing consistent growth over the past year. Home values have increased as demand for suburban housing remains strong due to the ongoing appeal of remote work and the desire for more space during the pandemic. As a result, sellers can expect competitive offers for their properties, while buyers may need to act quickly to secure a home in this desirable neighborhood.
Over the last few months, Oak Grove has seen a steady number of new listings, but the market remains competitive. Many homes are receiving multiple offers and selling quickly, often above asking price. This trend indicates a robust housing demand and a limited inventory, which will likely continue into the coming months.
Home Value Estimator For Oak Grove, MN
There are currently 929 real estate properties
in Oak Grove, MN,
with a median automated valuation model (AVM) price
of $583,670.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Oak Grove, 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 Oak Grove, MN,
is $592,882.00, with the most expensive house
in Oak Grove, MN, topping out
at $2,695,717.00 and the cheapest home
in Oak Grove, MN,
clocking in at $24,191.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Oak Grove, MN!
Rent Prices
In Oak Grove, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Oak Grove, MN, is on
a rollercoaster ride. The
average rent price in Oak Grove, MN,
is $2,167.00. Indeed, when looking to rent in
Oak Grove, MN, you can expect to pay as little
as $1,010.00 or as much
as $3,310.00,
with the average rent median estimated to
be $2,130.00. The good news is that finding
an affordable and desirable property to rent in Oak Grove, 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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