Plato, MN Foreclosures
How much do homes sell for in Plato, MN?
The average home price is currently $359,935.
In Plato, MN, how many homes are available?
There are currently 64 active home listings available in Plato.
What’s the average rental cost in Plato, MN?
The average rental price in Plato is $1,490.
What is the most expensive home in Plato?
The most expensive home sold in Plato had a price of $2,236,936.
What is currently the cheapest priced home in Plato, MN?
The cheapest home for sale in Plato is priced at $49,220.
Living in Plato, MN
Plato, MN is a quaint town that offers a peaceful rural lifestyle paired with strong community values. It boasts beautiful natural landscapes, thriving local businesses, and ample recreational activities. Families find a supportive environment with quality educational opportunities, making it an appealing location to live.
Current Market Conditions in Plato, MN
The real estate market in Plato, MN is currently stable, with modest growth observed in home prices. The appeal of rural life combined with easy access to nearby urban areas is attracting buyers looking for affordable housing and a quieter lifestyle. Demand remains steady, particularly from families and retirees seeking a welcoming community.
Overall, the market is characterized by a diverse range of homes available at varying price points, making it a viable option for first-time buyers as well as those looking to invest in a second home or rental property. Real estate professionals note that well-maintained homes with modern amenities are particularly in demand, given the town's charm.
Home Value Estimator For Plato, MN
There are currently 234 real estate properties
in Plato, MN,
with a median automated valuation model (AVM) price
of $303,504.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Plato, 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 Plato, MN,
is $359,935.00, with the most expensive house
in Plato, MN, topping out
at $2,236,936.00 and the cheapest home
in Plato, MN,
clocking in at $49,220.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Plato, MN!
Rent Prices
In Plato, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Plato, MN, is on
a rollercoaster ride. The
average rent price in Plato, MN,
is $1,490.00. Indeed, when looking to rent in
Plato, MN, you can expect to pay as little
as $930.00 or as much
as $2,400.00,
with the average rent median estimated to
be $1,480.00. The good news is that finding
an affordable and desirable property to rent in Plato, 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
