Sunburg, MN Foreclosures
How much do homes sell for in Sunburg, MN?
The average home price is currently $412,388.
What’s the average rental cost in Sunburg, MN?
The average rental price in Sunburg is $1,428.
What is the most expensive home in Sunburg?
The most expensive home sold in Sunburg had a price of $1,792,304.
What is currently the cheapest priced home in Sunburg, MN?
The cheapest home for sale in Sunburg is priced at $26,497.
Living in Sunburg, MN
Sunburg, MN, offers a serene small-town experience with a tight-knit community and abundant natural beauty. Outdoor activities, local parks, and access to larger cities come together to create an inviting setting for families and individuals seeking a peaceful lifestyle.
Current Market Conditions in Sunburg, MN
The real estate market in Sunburg, MN, is characterized by steady growth, as buyers are increasingly drawn to the charm of rural living combined with modern amenities. Home prices have shown a gradual appreciation in the past year, which may signal a burgeoning demand for properties in the area.
While the housing inventory remains relatively stable, there is a growing interest from first-time homebuyers and families looking for more space and a quiet environment, thus propelling the market forward.
Home Value Estimator For Sunburg, MN
There are currently 470 real estate properties
in Sunburg, MN,
with a median automated valuation model (AVM) price
of $349,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Sunburg, 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 Sunburg, MN,
is $412,388.00, with the most expensive house
in Sunburg, MN, topping out
at $1,792,304.00 and the cheapest home
in Sunburg, MN,
clocking in at $26,497.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Sunburg, MN!
Rent Prices
In Sunburg, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Sunburg, MN, is on
a rollercoaster ride. The
average rent price in Sunburg, MN,
is $1,428.00. Indeed, when looking to rent in
Sunburg, MN, you can expect to pay as little
as $630.00 or as much
as $2,780.00,
with the average rent median estimated to
be $1,400.00. The good news is that finding
an affordable and desirable property to rent in Sunburg, 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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