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Foreclosure Homes in Solway, MN

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Solway, MN Foreclosures

How much do homes sell for in Solway, MN?
The average home price is currently $255,251.
In Solway, MN, how many homes are available?
There are currently 2 active home listings available in Solway.
What’s the average rental cost in Solway, MN?
The average rental price in Solway is $1,291.
What is the most expensive home in Solway?
The most expensive home sold in Solway had a price of $1,852,474.
What is currently the cheapest priced home in Solway, MN?
The cheapest home for sale in Solway is priced at $29,430.

Living in Solway, MN

Solway, MN, is a serene small town characterized by its lush landscapes and tight-knit community spirit. The area boasts a variety of outdoor activities, including fishing and hiking, making it an attractive location for nature lovers. With quality educational institutions and a friendly atmosphere, it provides a perfect environment for families and retirees alike.

Current Market Conditions in Solway, MN

The real estate market in Solway, MN, is fairly stable, with properties generally retaining value due to the region's desirability for those seeking a quiet lifestyle. Homes in this area are often viewed as good long-term investments due to the low inventory and consistent demand from buyers looking for rural properties.

As more people prioritize remote work, areas like Solway are becoming increasingly appealing, leading to a gradual increase in property values. Investors are starting to recognize the potential for growth as more urban dwellers seek the charm of rural living.

Home Value Estimator For Solway, MN

There are currently 572 real estate properties in Solway, MN, with a median automated valuation model (AVM) price of $236,287.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Solway, 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 Solway, MN, is $255,251.00, with the most expensive house in Solway, MN, topping out at $1,852,474.00 and the cheapest home in Solway, MN, clocking in at $29,430.00. In other words, there’s something for every potential homebuyer or savvy investor in Solway, MN!

Rent Prices In Solway, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Solway, MN, is on a rollercoaster ride. The average rent price in Solway, MN, is $1,291.00. Indeed, when looking to rent in Solway, MN, you can expect to pay as little as $580.00 or as much as $2,480.00, with the average rent median estimated to be $1,300.00. The good news is that finding an affordable and desirable property to rent in Solway, 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.

Solway, MN Foreclosures


Market Trend for Solway, MN

Total Listings Available: 2

Market Values:

Home Prices from $29,430 to $1,852,474

Average Sales Price: $255,251

Rental Values:

Rental from $580 to $2,480

Average Rent Value: $1,291 / month

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