Living in Strathcona, MN
Strathcona is a small but vibrant community situated in the northwest region of Minnesota. Known for its rural charm, this town offers a close-knit community atmosphere with beautiful natural surroundings. Residents enjoy a variety of outdoor recreational activities thanks to the abundant green spaces and local parks.
Current Market Conditions in Strathcona, MN
The current real estate market in Strathcona, MN, is characterized by a stable demand for homes, particularly among those seeking vacation properties or a peaceful rural lifestyle. Prices have been gradually increasing, reflecting persistent interest in the region for both year-round and seasonal residency.
There has been a noticeable trend in Strathcona towards younger families moving into the area, attracted by the affordable housing options and the strong community network. This growing demographic may influence future developments and amenities that cater to families and outdoor enthusiasts.
Home Value Estimator For Strathcona, MN
There are currently 102 real estate properties
in Strathcona, MN,
with a median automated valuation model (AVM) price
of $203,217.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Strathcona, 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 Strathcona, MN,
is $235,010.00, with the most expensive house
in Strathcona, MN, topping out
at $710,288.00 and the cheapest home
in Strathcona, MN,
clocking in at $38,043.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Strathcona, MN!
Rent Prices
In Strathcona, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Strathcona, MN, is on
a rollercoaster ride. The
average rent price in Strathcona, MN,
is $1,181.00. Indeed, when looking to rent in
Strathcona, MN, you can expect to pay as little
as $690.00 or as much
as $1,920.00,
with the average rent median estimated to
be $1,110.00. The good news is that finding
an affordable and desirable property to rent in Strathcona, 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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