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Foreclosure Homes in Sanborn, MN

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Sanborn, MN Foreclosures

How much do homes sell for in Sanborn, MN?
The average home price is currently $435,780.
In Sanborn, MN, how many homes are available?
There are currently 18 active home listings available in Sanborn.
What’s the average rental cost in Sanborn, MN?
The average rental price in Sanborn is $1,163.
What is the most expensive home in Sanborn?
The most expensive home sold in Sanborn had a price of $8,255,139.
What is currently the cheapest priced home in Sanborn, MN?
The cheapest home for sale in Sanborn is priced at $16,380.

Living in Sanborn, MN

Sanborn, Minnesota, is a quaint rural community known for its close-knit atmosphere and beautiful surroundings. The town offers a variety of outdoor activities and is well-regarded for its educational institutions. With friendly neighbors and a slower pace of life, Sanborn is a perfect place to call home.

Current Market Conditions in Sanborn, MN

The Sanborn real estate market is seeing a steady increase in interest, driven by the area's affordable housing options and tight-knit community. Home buyers are particularly drawn to the tranquility and rural charm that Sanborn offers compared to larger cities.

Recent trends indicate a rise in home values as more people look to escape urban living for a more serene lifestyle. Additionally, low inventory levels have led to increased competition among buyers, making it a favorable market for current homeowners looking to sell.

Home Value Estimator For Sanborn, MN

There are currently 344 real estate properties in Sanborn, MN, with a median automated valuation model (AVM) price of $147,543.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Sanborn, 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 Sanborn, MN, is $435,780.00, with the most expensive house in Sanborn, MN, topping out at $8,255,139.00 and the cheapest home in Sanborn, MN, clocking in at $16,380.00. In other words, there’s something for every potential homebuyer or savvy investor in Sanborn, MN!

Rent Prices In Sanborn, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sanborn, MN, is on a rollercoaster ride. The average rent price in Sanborn, MN, is $1,163.00. Indeed, when looking to rent in Sanborn, MN, you can expect to pay as little as $570.00 or as much as $2,840.00, with the average rent median estimated to be $990.00. The good news is that finding an affordable and desirable property to rent in Sanborn, 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.

Sanborn, MN Foreclosures

Market Trend for Sanborn, MN

Total Listings Available: 18

Market Values:

Home Prices from $16,380 to $8,255,139

Average Sales Price: $435,780

Rental Values:

Rental from $570 to $2,840

Average Rent Value: $1,163 / month

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