Tracy, MN Foreclosures
How much do homes sell for in Tracy, MN?
The average home price is currently $235,030.
In Tracy, MN, how many homes are available?
There are currently 5 active home listings available in Tracy.
What’s the average rental cost in Tracy, MN?
The average rental price in Tracy is $997.
What is the most expensive home in Tracy?
The most expensive home sold in Tracy had a price of $4,122,520.
What is currently the cheapest priced home in Tracy, MN?
The cheapest home for sale in Tracy is priced at $10,193.
Living in Tracy, MN
Tracy, MN, is a charming small town known for its strong community ties and local amenities. With excellent schools, vibrant local businesses, and abundant outdoor recreational opportunities, it is an ideal place for families and professionals seeking a peaceful lifestyle. The town's welcoming atmosphere and convenient access to larger cities enhance its appeal to newcomers.
Current Market Conditions in Tracy, MN
The real estate market in Tracy, MN, is currently experiencing a steady increase in home values, driven by low inventory and high demand. With families flocking to the area for its affordable housing and quality of life, buyers often find themselves in competitive bidding situations, especially for well-maintained properties. Despite being a small town, Tracy's market is attracting interest from both local and out-of-state buyers looking for a quiet lifestyle.
Tracy has witnessed some recent investments in its infrastructure, leading to improvements in local amenities and services, which further encourages growth in real estate activity. As neighborhoods develop and new families move in, the demand for housing is expected to continue to rise.
Home Value Estimator For Tracy, MN
There are currently 1,300 real estate properties
in Tracy, MN,
with a median automated valuation model (AVM) price
of $144,644.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Tracy, 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 Tracy, MN,
is $235,030.00, with the most expensive house
in Tracy, MN, topping out
at $4,122,520.00 and the cheapest home
in Tracy, MN,
clocking in at $10,193.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Tracy, MN!
Rent Prices
In Tracy, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Tracy, MN, is on
a rollercoaster ride. The
average rent price in Tracy, MN,
is $997.00. Indeed, when looking to rent in
Tracy, MN, you can expect to pay as little
as $570.00 or as much
as $2,200.00,
with the average rent median estimated to
be $910.00. The good news is that finding
an affordable and desirable property to rent in Tracy, 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.