Steen, MN Foreclosures
How much do homes sell for in Steen, MN?
The average home price is currently $200,474.
In Steen, MN, how many homes are available?
There are currently 2 active home listings available in Steen.
What’s the average rental cost in Steen, MN?
The average rental price in Steen is $1,098.
What is the most expensive home in Steen?
The most expensive home sold in Steen had a price of $2,979,634.
What is currently the cheapest priced home in Steen, MN?
The cheapest home for sale in Steen is priced at $38,373.
Living in Steen, MN
Steen is a quaint community located in the southeastern part of Minnesota, known for its serene countryside and close-knit atmosphere. Residents enjoy a slower pace of life while still having access to essential amenities. The area is surrounded by beautiful landscapes and offers various outdoor activities, making it ideal for nature lovers and families alike.
Current Market Conditions in Steen, MN
The real estate market in Steen has remained relatively stable over the past few years. With a mixture of older homes and new constructions, the area appeals to both first-time buyers and those looking to invest. Houses in the market tend to sell quickly, often reflecting the community’s desirability and scenic environment. The current market showcases a balanced supply and demand dynamic, with homes maintaining their values even as the overall regional market might experience fluctuations.
In recent months, there has been a slight uptick in home sales, particularly in summer when families prefer to relocate before the new school year begins. This seasonal trend has led to increased competition among buyers, resulting in average listing prices appreciating modestly.
Home Value Estimator For Steen, MN
There are currently 111 real estate properties
in Steen, MN,
with a median automated valuation model (AVM) price
of $138,846.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Steen, 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 Steen, MN,
is $200,474.00, with the most expensive house
in Steen, MN, topping out
at $2,979,634.00 and the cheapest home
in Steen, MN,
clocking in at $38,373.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Steen, MN!
Rent Prices
In Steen, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Steen, MN, is on
a rollercoaster ride. The
average rent price in Steen, MN,
is $1,098.00. Indeed, when looking to rent in
Steen, MN, you can expect to pay as little
as $580.00 or as much
as $1,900.00,
with the average rent median estimated to
be $1,060.00. The good news is that finding
an affordable and desirable property to rent in Steen, 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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