Wahkon, MN Foreclosures
How much do homes sell for in Wahkon, MN?
The average home price is currently $327,561.
In Wahkon, MN, how many homes are available?
There are currently 100 active home listings available in Wahkon.
What’s the average rental cost in Wahkon, MN?
The average rental price in Wahkon is $1,334.
What is the most expensive home in Wahkon?
The most expensive home sold in Wahkon had a price of $2,118,670.
What is currently the cheapest priced home in Wahkon, MN?
The cheapest home for sale in Wahkon is priced at $14,382.
Living in Wahkon, MN
Wahkon, located in Mille Lacs County, is a quiet, scenic town nestled on the shores of Lake Mille Lacs. Known for its lush landscapes and recreational opportunities, the community boasts a small-town feel with friendly neighbors and a slower pace of life. Ideal for fishing, boating, and enjoying nature, Wahkon is a place where residents can relish the great outdoors while still being part of a close-knit community.
Current Market Conditions in Wahkon, MN
The real estate market in Wahkon has shown a steady increase in home values over the past year, driven by demand for vacation properties and waterfront homes. Buyers are attracted to the area's natural beauty and recreational opportunities, especially with the ongoing trend of remote work allowing more individuals to consider rural living. As a result, homes near the lake are particularly sought after, leading to a competitive market with rising prices.
Many homes in Wahkon are priced at reasonable rates compared to larger cities, which makes it appealing to first-time buyers as well as retirees looking for summer homes. The market shows fewer inventory levels, which may push prices up even more as demand continues. Currently, homes are selling more quickly than in previous years, indicating a robust market with potential for appreciation.
Home Value Estimator For Wahkon, MN
There are currently 563 real estate properties
in Wahkon, MN,
with a median automated valuation model (AVM) price
of $298,063.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Wahkon, 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 Wahkon, MN,
is $327,561.00, with the most expensive house
in Wahkon, MN, topping out
at $2,118,670.00 and the cheapest home
in Wahkon, MN,
clocking in at $14,382.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Wahkon, MN!
Rent Prices
In Wahkon, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Wahkon, MN, is on
a rollercoaster ride. The
average rent price in Wahkon, MN,
is $1,334.00. Indeed, when looking to rent in
Wahkon, MN, you can expect to pay as little
as $510.00 or as much
as $2,120.00,
with the average rent median estimated to
be $1,350.00. The good news is that finding
an affordable and desirable property to rent in Wahkon, 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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