Taconite, MN Foreclosures
How much do homes sell for in Taconite, MN?
The average home price is currently $151,866.
What’s the average rental cost in Taconite, MN?
The average rental price in Taconite is $1,024.
What is the most expensive home in Taconite?
The most expensive home sold in Taconite had a price of $290,335.
What is currently the cheapest priced home in Taconite, MN?
The cheapest home for sale in Taconite is priced at $34,306.
Living in Taconite, MN
Taconite, MN is a quaint community nestled in northern Minnesota, surrounded by beautiful forests and lakes. This peaceful town is known for its outdoor activities and strong community ties, making it an excellent place for families and nature lovers. With a rich history in iron mining, Taconite blends heritage with picturesque landscapes.
Current Market Conditions in Taconite, MN
The real estate market in Taconite is characterized by its affordability and availability of homes. Properties tend to have a slower turnover compared to larger urban areas, primarily due to the town's size and population. The community has seen a steady interest from buyers looking for vacation homes, particularly given its scenic location near the Mesabi Iron Range and various recreational sites.
Investments in local infrastructure and community improvements are attracting interest, particularly among those seeking a peaceful retreat or a place to retire. Overall, Taconite's market remains stable, with homes typically appreciating slowly and consistently.
Home Value Estimator For Taconite, MN
There are currently 70 real estate properties
in Taconite, MN,
with a median automated valuation model (AVM) price
of $154,458.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Taconite, 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 Taconite, MN,
is $151,866.00, with the most expensive house
in Taconite, MN, topping out
at $290,335.00 and the cheapest home
in Taconite, MN,
clocking in at $34,306.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Taconite, MN!
Rent Prices
In Taconite, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Taconite, MN, is on
a rollercoaster ride. The
average rent price in Taconite, MN,
is $1,024.00. Indeed, when looking to rent in
Taconite, MN, you can expect to pay as little
as $680.00 or as much
as $1,580.00,
with the average rent median estimated to
be $1,040.00. The good news is that finding
an affordable and desirable property to rent in Taconite, 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.
Learn more on Foreclosure homes
