Oak Park Heights, MN Foreclosures
How much do homes sell for in Oak Park Heights, MN?
The average home price is currently $434,499.
What’s the average rental cost in Oak Park Heights, MN?
The average rental price in Oak Park Heights is $1,623.
What is the most expensive home in Oak Park Heights?
The most expensive home sold in Oak Park Heights had a price of $4,494,031.
What is currently the cheapest priced home in Oak Park Heights, MN?
The cheapest home for sale in Oak Park Heights is priced at $177,600.
Living in Oak Park Heights, MN
Oak Park Heights, MN is a charming city situated on the banks of the St. Croix River, providing stunning natural beauty and outdoor recreational options. This family-friendly community boasts strong schools and a variety of local amenities, making it an ideal place to live. With its serene atmosphere and welcoming neighborhoods, Oak Park Heights is perfect for those seeking comfort and convenience.
Current Market Conditions in Oak Park Heights, MN
The real estate market in Oak Park Heights is currently experiencing steady growth, driven by an increase in demand for suburban living just outside of the Twin Cities. Homes here are being snapped up quickly, often receiving multiple offers that can drive prices up. The inventory of homes remains low, partly due to the attractiveness of the area, which is leading to a competitive market where buyers need to act fast to secure their ideal home.
There has been a noticeable trend towards larger homes with outdoor spaces, reflecting a shift in what many families are looking for, especially after the pandemic. Buyers are increasingly considering Oak Park Heights due to its family-friendly atmosphere and ample amenities.
Home Value Estimator For Oak Park Heights, MN
There are currently 44 real estate properties
in Oak Park Heights, MN,
with a median automated valuation model (AVM) price
of $329,100.00. 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 Park Heights, 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 Park Heights, MN,
is $434,499.00, with the most expensive house
in Oak Park Heights, MN, topping out
at $4,494,031.00 and the cheapest home
in Oak Park Heights, MN,
clocking in at $177,600.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Oak Park Heights, MN!
Rent Prices
In Oak Park Heights, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Oak Park Heights, MN, is on
a rollercoaster ride. The
average rent price in Oak Park Heights, MN,
is $1,623.00. Indeed, when looking to rent in
Oak Park Heights, MN, you can expect to pay as little
as $1,000.00 or as much
as $2,970.00,
with the average rent median estimated to
be $1,540.00. The good news is that finding
an affordable and desirable property to rent in Oak Park Heights, 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
