Living in Tracy, MN
Tracy, MN is a charming small city perfect for families and individuals seeking a peaceful environment with access to outdoor activities. The city hosts a variety of local amenities and a strong community feel. Its parks and recreational options contribute to a quality lifestyle, balancing both comfort and convenience.
Current Market Conditions in Tracy, MN
The real estate market in Tracy remains stable with a mix of homes suitable for families, retirees, and investors. Demand for housing has been increasing, leading to a competitive market, particularly for single-family homes. Properties are often sold relatively quickly, indicating a healthy interest from buyers.
Tracy is seeing gradual appreciation in property values, which supports investment potential. Investors may find opportunities in both rental properties and resale homes, particularly given the gentle growth in population and continued interest from families moving to the area.
Home Value Estimator For Tracy, MN
There are currently 990 real estate properties
in Tracy, MN,
with a median automated valuation model (AVM) price
of $122,984.00. 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 $175,734.00, with the most expensive house
in Tracy, MN, topping out
at $3,035,315.00 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.
Learn more on Foreclosure homes
