Trail, MN Foreclosures
How much do homes sell for in Trail, MN?
The average home price is currently $267,224.
What’s the average rental cost in Trail, MN?
The average rental price in Trail is $1,161.
What is the most expensive home in Trail?
The most expensive home sold in Trail had a price of $857,748.
What is currently the cheapest priced home in Trail, MN?
The cheapest home for sale in Trail is priced at $39,875.
Living in Trail, MN
Trail, Minnesota is a charming small town known for its beautiful natural surroundings and tight-knit community. With easy access to outdoor activities and essential amenities, it provides a peaceful lifestyle while being close to nature. The area's strong sense of community and safety make it an ideal place for families and outdoor enthusiasts.
Current Market Conditions in Trail, MN
The real estate market in Trail, MN is currently stable with a modest growth trend noticed in recent months. The demand for homes in the area remains consistent, driven by individuals seeking affordable housing options and those attracted to the region's charm.
Recently, home values have been on a slight upward trajectory, as more people discover the benefits of living in a quieter environment. The availability of homes is adequate, with various options catering to different budgets.
Home Value Estimator For Trail, MN
There are currently 189 real estate properties
in Trail, MN,
with a median automated valuation model (AVM) price
of $210,188.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Trail, 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 Trail, MN,
is $267,224.00, with the most expensive house
in Trail, MN, topping out
at $857,748.00 and the cheapest home
in Trail, MN,
clocking in at $39,875.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Trail, MN!
Rent Prices
In Trail, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Trail, MN, is on
a rollercoaster ride. The
average rent price in Trail, MN,
is $1,161.00. Indeed, when looking to rent in
Trail, MN, you can expect to pay as little
as $520.00 or as much
as $2,260.00,
with the average rent median estimated to
be $1,110.00. The good news is that finding
an affordable and desirable property to rent in Trail, 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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