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Preforeclosure Homes in Tower, MN 55790

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Tower, MN Foreclosures

How much do homes sell for in Tower, MN?
The average home price is currently $428,904.
What’s the average rental cost in Tower, MN?
The average rental price in Tower is $1,331.
What is the most expensive home in Tower?
The most expensive home sold in Tower had a price of $4,981,926.
What is currently the cheapest priced home in Tower, MN?
The cheapest home for sale in Tower is priced at $11,271.

Living in Tower, MN

Tower, Minnesota is a charming lakeside community located in the heart of the Iron Range. Recognized for its friendly atmosphere and stunning natural landscapes, the city is surrounded by beautiful lakes and forests, making it an ideal spot for outdoor enthusiasts. Residents enjoy various recreational activities including fishing, hiking, and boating, with access to ample trails and parks in the area.

Current Market Conditions in Tower, MN

The real estate market in Tower, MN has been experiencing stable growth, with properties appreciating in value. This trend is driven by the town's attractive outdoor lifestyle and proximity to recreational opportunities.

Home Value Estimator For Tower, MN

There are currently 2,393 real estate properties in Tower, MN, with a median automated valuation model (AVM) price of $353,251.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Tower, 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 Tower, MN, is $428,904.00, with the most expensive house in Tower, MN, topping out at $4,981,926.00 and the cheapest home in Tower, MN, clocking in at $11,271.00. In other words, there’s something for every potential homebuyer or savvy investor in Tower, MN!

Rent Prices In Tower, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Tower, MN, is on a rollercoaster ride. The average rent price in Tower, MN, is $1,331.00. Indeed, when looking to rent in Tower, MN, you can expect to pay as little as $570.00 or as much as $2,600.00, with the average rent median estimated to be $1,360.00. The good news is that finding an affordable and desirable property to rent in Tower, 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.

Tower, MN 55790 Preforeclosure Homes


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