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Foreclosures in Plato, MN

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Plato, MN Foreclosures

How much do homes sell for in Plato, MN?
The average home price is currently $373,906.
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 $2,235,923.
What is currently the cheapest priced home in Plato, MN?
The cheapest home for sale in Plato is priced at $20,051.

Living in Plato, MN

Plato, MN is a charming small city offering a welcoming community atmosphere ideal for families and outdoor enthusiasts alike. With access to parks and recreational activities, residents enjoy a blend of tranquility and convenience. Its proximity to larger urban areas ensures that all necessary amenities are just a short drive away.

Current Market Conditions in Plato, MN

Plato's real estate market is characterized by stable home prices and a relatively low inventory of homes for sale. This has resulted in a consistent demand for housing, making it a favorable environment for both buyers and investors looking for stable opportunities in small communities.

The rental market in Plato is also growing, attracting new residents due to its affordable rates when compared to larger cities. This trend is promoting investment in local rental properties as demand continues to rise.

Home Value Estimator For Plato, MN

There are currently 256 real estate properties in Plato, MN, with a median automated valuation model (AVM) price of $307,380.00. 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 $373,906.00, with the most expensive house in Plato, MN, topping out at $2,235,923.00 and the cheapest home in Plato, MN, clocking in at $20,051.00. 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.

Plato, MN Foreclosures

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