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Foreclosure Homes in Paynesville, MN

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Paynesville, MN Foreclosures

How much do homes sell for in Paynesville, MN?
The average home price is currently $415,280.
In Paynesville, MN, how many homes are available?
There are currently 18 active home listings available in Paynesville.
What’s the average rental cost in Paynesville, MN?
The average rental price in Paynesville is $1,502.
What is the most expensive home in Paynesville?
The most expensive home sold in Paynesville had a price of $4,496,068.
What is currently the cheapest priced home in Paynesville, MN?
The cheapest home for sale in Paynesville is priced at $17,874.

Living in Paynesville, MN

Paynesville, MN is a charming small town known for its close-knit community, stunning lake views, and outdoor recreational activities. With quality schools and local amenities, it offers a serene lifestyle suitable for families and retirees alike.

Current Market Conditions in Paynesville, MN

The real estate market in Paynesville shows steady growth as more people are discovering the charm of small-town living. Home prices have been gradually increasing, making it an attractive option for first-time buyers and retirees looking for a peaceful environment.

There has been an uptick in new home constructions in the area, which indicates a healthy demand for residential properties. Buyers are drawn to the area's natural beauty, recreational activities, and a strong sense of community.

Home Value Estimator For Paynesville, MN

There are currently 2,819 real estate properties in Paynesville, MN, with a median automated valuation model (AVM) price of $321,686.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Paynesville, 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 Paynesville, MN, is $415,280.00, with the most expensive house in Paynesville, MN, topping out at $4,496,068.00 and the cheapest home in Paynesville, MN, clocking in at $17,874.00. In other words, there’s something for every potential homebuyer or savvy investor in Paynesville, MN!

Rent Prices In Paynesville, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Paynesville, MN, is on a rollercoaster ride. The average rent price in Paynesville, MN, is $1,502.00. Indeed, when looking to rent in Paynesville, MN, you can expect to pay as little as $570.00 or as much as $3,320.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in Paynesville, 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.

Paynesville, MN Foreclosures

Market Trend for Paynesville, MN

Total Listings Available: 18

Market Values:

Home Prices from $17,874 to $4,496,068

Average Sales Price: $415,280

Rental Values:

Rental from $570 to $3,320

Average Rent Value: $1,502 / month

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