Living in Raymond, MN
Raymond, MN is a charming small town that offers a peaceful lifestyle with easy access to amenities. It boasts beautiful parks and recreational activities. The community values education and fosters a welcoming atmosphere for families.
Current Market Conditions in Raymond, MN
The real estate market in Raymond is stable, with home prices showing a steady appreciation over the past few years. The community continues to attract families and retirees looking for affordable housing options and a friendly, welcoming environment. While the entry price point remains reasonable, demand for homes in this area suggests a potential for future growth.
Investors will find a mix of property types, from single-family homes to small multi-unit dwellings. The rental market is also vibrant, thanks to the presence of local industries and schools that attract long-term tenants. As a rural community with a growing population, Raymond presents opportunities for both investment and development.
Home Value Estimator For Raymond, MN
There are currently 457 real estate properties
in Raymond, MN,
with a median automated valuation model (AVM) price
of $220,094.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Raymond, 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 Raymond, MN,
is $354,228.00, with the most expensive house
in Raymond, MN, topping out
at $3,664,675.00 and the cheapest home
in Raymond, MN,
clocking in at $15,239.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Raymond, MN!
Rent Prices
In Raymond, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Raymond, MN, is on
a rollercoaster ride. The
average rent price in Raymond, MN,
is $1,325.00. Indeed, when looking to rent in
Raymond, MN, you can expect to pay as little
as $600.00 or as much
as $2,180.00,
with the average rent median estimated to
be $1,280.00. The good news is that finding
an affordable and desirable property to rent in Raymond, 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.
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