Virginia, MN Foreclosures
How much do homes sell for in Virginia, MN?
The average home price is currently $174,902.
In Virginia, MN, how many homes are available?
There are currently 8 active home listings available in Virginia.
What’s the average rental cost in Virginia, MN?
The average rental price in Virginia is $1,044.
What is the most expensive home in Virginia?
The most expensive home sold in Virginia had a price of $8,854,923.
What is currently the cheapest priced home in Virginia, MN?
The cheapest home for sale in Virginia is priced at $11,009.
Living in Virginia, MN
Virginia, MN is a friendly city in northeastern Minnesota known for its rich cultural heritage and beautiful landscapes. With ample recreational activities and strong community values, it offers a great quality of life for residents. Schools and local amenities provide excellent services while maintaining a close-knit feel.
Current Market Conditions in Virginia, MN
The real estate market in Virginia, MN has shown steady growth over the past year, with an increase in home prices and demand for properties. Investors are attracted by the city's affordability compared to neighboring regions, while first-time homebuyers appreciate the variety of listings available. Virginia's stable job market, largely supported by healthcare, education, and retail sectors, has contributed to a positive real estate outlook in the area.
Current market dynamics indicate a competitive environment as inventory remains limited, prompting quicker sales and bidding on homes. Despite this, opportunities exist for buyers seeking homes in various price ranges.
Home Value Estimator For Virginia, MN
There are currently 4,035 real estate properties
in Virginia, MN,
with a median automated valuation model (AVM) price
of $141,644.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Virginia, 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 Virginia, MN,
is $174,902.00, with the most expensive house
in Virginia, MN, topping out
at $8,854,923.00 and the cheapest home
in Virginia, MN,
clocking in at $11,009.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Virginia, MN!
Rent Prices
In Virginia, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Virginia, MN, is on
a rollercoaster ride. The
average rent price in Virginia, MN,
is $1,044.00. Indeed, when looking to rent in
Virginia, MN, you can expect to pay as little
as $530.00 or as much
as $2,220.00,
with the average rent median estimated to
be $980.00. The good news is that finding
an affordable and desirable property to rent in Virginia, 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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