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Bankruptcy Homes in Warroad, MN

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Warroad, MN Foreclosures

How much do homes sell for in Warroad, MN?
The average home price is currently $235,015.
In Warroad, MN, how many homes are available?
There are currently 3 active home listings available in Warroad.
What’s the average rental cost in Warroad, MN?
The average rental price in Warroad is $1,262.
What is the most expensive home in Warroad?
The most expensive home sold in Warroad had a price of $1,217,859.
What is currently the cheapest priced home in Warroad, MN?
The cheapest home for sale in Warroad is priced at $18,849.

Living in Warroad, MN

Warroad, MN is a small, friendly town located on the pristine shores of Lake of the Woods, known for its rich Canadian heritage and community spirit. This picturesque location offers numerous outdoor activities such as fishing, boating, and winter sports, making it an ideal setting for nature lovers. With a variety of local amenities and a welcoming atmosphere, Warroad is a great place to live, work, and play.

Current Market Conditions in Warroad, MN

Warroad's real estate market remains stable with consistent demand for residential properties. The area has shown a slight increase in home values as more people discover the beauty of this lakeside community. The market appeals to both first-time buyers and retirees looking for a peaceful getaway, contributing to a healthy turnover of homes and a range of options for potential buyers.

Recently, inventory levels have been low, which is leading to multiple offers on homes, particularly during peak seasons. The community is experiencing interest from people moving from metropolitan areas in search of a quieter lifestyle, which is further driving housing demand.

Home Value Estimator For Warroad, MN

There are currently 1,346 real estate properties in Warroad, MN, with a median automated valuation model (AVM) price of $215,435.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Warroad, 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 Warroad, MN, is $235,015.00, with the most expensive house in Warroad, MN, topping out at $1,217,859.00 and the cheapest home in Warroad, MN, clocking in at $18,849.00. In other words, there’s something for every potential homebuyer or savvy investor in Warroad, MN!

Rent Prices In Warroad, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Warroad, MN, is on a rollercoaster ride. The average rent price in Warroad, MN, is $1,262.00. Indeed, when looking to rent in Warroad, MN, you can expect to pay as little as $570.00 or as much as $1,810.00, with the average rent median estimated to be $1,270.00. The good news is that finding an affordable and desirable property to rent in Warroad, 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.

Warroad, MN Bankruptcy Homes


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