Trail, MN Foreclosures
How much do homes sell for in Trail, MN?
The average home price is currently $270,804.
In Trail, MN, how many homes are available?
There are currently 22 active home listings available in Trail.
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 small, tight-knit community surrounded by beautiful natural landscapes. Known for its tranquil environment, it offers a peaceful retreat from the hustle and bustle of city life. The area is rich in outdoor activities, making it an ideal place for nature enthusiasts.
Current Market Conditions in Trail, MN
The real estate market in Trail, MN has been stable, with a steady demand for homes as more people seek out rural living options. While the market is not as competitive as in larger cities, there are still opportunities for buyers to find reasonably priced homes. The prices have remained relatively consistent over the past year, with gradual appreciation reflecting the area's growing popularity.
In recent months, the real estate market in Trail has seen an uptick in interest from homebuyers looking for larger plots of land and homes suitable for family life. Given that the area is appealing for its outdoor activities and community feel, more properties are beginning to attract attention. Vacancy rates remain low, indicating a healthy demand in the market.
Home Value Estimator For Trail, MN
There are currently 220 real estate properties
in Trail, MN,
with a median automated valuation model (AVM) price
of $229,654.00. 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 $270,804.00, 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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