Plato, MN Foreclosures
How much do homes sell for in Plato, MN?
The average home price is currently $362,950.
In Plato, MN, how many homes are available?
There are currently 1 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 $2,317,944.
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, Minnesota is a charming small town known for its close-knit community and vibrant local culture. With beautiful parks, great schools, and numerous outdoor activities, it is an ideal place for families and individuals seeking a relaxed lifestyle. People in Plato take pride in their community, making it a welcoming place to live.
Current Market Conditions in Plato, MN
The current real estate market in Plato, MN, is experiencing a steady increase in property values due to a growing interest in rural living. New families and individuals are moving into the area in search of homes that offer both affordability and proximity to nature. This demand is leading to a competitive market where homes are selling relatively quickly, especially those that are well-maintained and updated.
With more buyers attracted to the charm of small-town living, there has been an uptick in listings as homeowners capitalize on the market’s growth. However, the availability of affordable homes remains a challenge, prompting interest in building new homes and renovating existing properties to meet the demand.
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 $302,795.00. 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 $362,950.00, with the most expensive house
in Plato, MN, topping out
at $2,317,944.00 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
