Watkins, MN Foreclosures
How much do homes sell for in Watkins, MN?
The average home price is currently $393,507.
In Watkins, MN, how many homes are available?
There are currently 2 active home listings available in Watkins.
What’s the average rental cost in Watkins, MN?
The average rental price in Watkins is $1,423.
What is the most expensive home in Watkins?
The most expensive home sold in Watkins had a price of $1,886,335.
What is currently the cheapest priced home in Watkins, MN?
The cheapest home for sale in Watkins is priced at $13,675.
Living in Watkins, MN
Watkins, MN, is a quaint small town that embodies community spirit and outdoor charm. With its numerous lakes and parks, residents enjoy a variety of recreational activities alongside a range of local amenities. The welcoming atmosphere and supportive community make it an ideal place for families and individuals alike.
Current Market Conditions in Watkins, MN
The real estate market in Watkins, MN, has shown steady growth over the past year. The average home prices have increased slightly due to a consistent demand for housing, particularly among families looking for homes in quieter, family-friendly areas. Inventory remains stable, with new listings averaging a reasonable turnover.
As of late 2023, Watkins is witnessing a gradual rise in property values as residents are attracted to its affordability and community-driven lifestyle. More homebuyers are exploring the market, especially first-time buyers, due to low mortgage rates and federal incentives for home purchases.
Home Value Estimator For Watkins, MN
There are currently 881 real estate properties
in Watkins, MN,
with a median automated valuation model (AVM) price
of $325,941.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Watkins, 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 Watkins, MN,
is $393,507.00, with the most expensive house
in Watkins, MN, topping out
at $1,886,335.00 and the cheapest home
in Watkins, MN,
clocking in at $13,675.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Watkins, MN!
Rent Prices
In Watkins, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Watkins, MN, is on
a rollercoaster ride. The
average rent price in Watkins, MN,
is $1,423.00. Indeed, when looking to rent in
Watkins, MN, you can expect to pay as little
as $570.00 or as much
as $3,010.00,
with the average rent median estimated to
be $1,380.00. The good news is that finding
an affordable and desirable property to rent in Watkins, 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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