Revere, MN Foreclosures
How much do homes sell for in Revere, MN?
The average home price is currently $331,198.
In Revere, MN, how many homes are available?
There are currently 21 active home listings available in Revere.
What’s the average rental cost in Revere, MN?
The average rental price in Revere is $1,173.
What is the most expensive home in Revere?
The most expensive home sold in Revere had a price of $1,718,524.
What is currently the cheapest priced home in Revere, MN?
The cheapest home for sale in Revere is priced at $23,743.
Living in Revere, MN
Revere, Minnesota is a quaint and peaceful small town located in Redwood County. Known for its friendly community and beautiful natural surroundings, Revere offers a welcoming atmosphere for families and individuals alike. The town provides easy access to outdoor activities, making it an ideal location for those who enjoy nature and tranquility.
Current Market Conditions in Revere, MN
The real estate market in Revere, MN, remains stable with a modest level of activity. The small-town charm continues to attract those looking for affordable housing options. Interest in local properties is steady, with a mixture of families and retirees moving into the area seeking a quieter lifestyle away from bustling city life. Prices have remained consistent, making it an appealing market for investors and first-time homebuyers alike.
As the area develops slowly but surely, there are hints of appreciation in property values, especially for homes with good land sizes and upgrades. The market is seeing a healthy turnover with a mix of new buyers and long-term residents seeking to upgrade their living conditions.
Home Value Estimator For Revere, MN
There are currently 80 real estate properties
in Revere, MN,
with a median automated valuation model (AVM) price
of $173,043.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Revere, 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 Revere, MN,
is $331,198.00, with the most expensive house
in Revere, MN, topping out
at $1,718,524.00 and the cheapest home
in Revere, MN,
clocking in at $23,743.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Revere, MN!
Rent Prices
In Revere, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Revere, MN, is on
a rollercoaster ride. The
average rent price in Revere, MN,
is $1,173.00. Indeed, when looking to rent in
Revere, MN, you can expect to pay as little
as $570.00 or as much
as $2,540.00,
with the average rent median estimated to
be $970.00. The good news is that finding
an affordable and desirable property to rent in Revere, 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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