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Rent To Own Homes in Ottertail, MN

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Ottertail, MN Foreclosures

How much do homes sell for in Ottertail, MN?
The average home price is currently $448,417.
In Ottertail, MN, how many homes are available?
There are currently 1 active home listings available in Ottertail.
What’s the average rental cost in Ottertail, MN?
The average rental price in Ottertail is $1,467.
What is the most expensive home in Ottertail?
The most expensive home sold in Ottertail had a price of $2,348,224.
What is currently the cheapest priced home in Ottertail, MN?
The cheapest home for sale in Ottertail is priced at $32,681.

Living in Ottertail, MN

Ottertail, Minnesota is a charming community nestled in the stunning lakes region of west-central Minnesota. Known for its outdoor recreation opportunities, this town offers a tranquil lifestyle amidst beautiful scenery. With a friendly atmosphere and a close-knit community, Ottertail is perfect for nature lovers and families seeking a peaceful environment.

Current Market Conditions in Ottertail, MN

The real estate market in Ottertail has shown signs of growth, with an increasing number of home sales and property developments. The demand for lakeside properties is particularly high, as buyers are looking for vacation homes and retirement options in this scenic area.

New construction projects and renovations of existing homes are on the rise, indicating a positive trend in the housing market. This growth is attributed to the area's appeal for recreational and lifestyle opportunities, making it an attractive option for homebuyers.

Home Value Estimator For Ottertail, MN

There are currently 1,754 real estate properties in Ottertail, MN, with a median automated valuation model (AVM) price of $388,112.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ottertail, 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 Ottertail, MN, is $448,417.00, with the most expensive house in Ottertail, MN, topping out at $2,348,224.00 and the cheapest home in Ottertail, MN, clocking in at $32,681.00. In other words, there’s something for every potential homebuyer or savvy investor in Ottertail, MN!

Rent Prices In Ottertail, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ottertail, MN, is on a rollercoaster ride. The average rent price in Ottertail, MN, is $1,467.00. Indeed, when looking to rent in Ottertail, MN, you can expect to pay as little as $570.00 or as much as $2,100.00, with the average rent median estimated to be $1,380.00. The good news is that finding an affordable and desirable property to rent in Ottertail, 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.

Ottertail, MN Rent To Own Homes

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