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Foreclosure Homes in Welcome, MN 56181

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Welcome, MN Foreclosures

How much do homes sell for in Welcome, MN?
The average home price is currently $314,370.
In Welcome, MN, how many homes are available?
There are currently 4 active home listings available in Welcome.
What’s the average rental cost in Welcome, MN?
The average rental price in Welcome is $1,243.
What is the most expensive home in Welcome?
The most expensive home sold in Welcome had a price of $4,080,534.
What is currently the cheapest priced home in Welcome, MN?
The cheapest home for sale in Welcome is priced at $16,590.

Living in Welcome, MN

Welcome, MN is a quaint and friendly community that offers a peaceful lifestyle with access to outdoor activities and local amenities. The town is family-oriented, prioritizing education and community engagement. With its picturesque surroundings and warmth, Welcome is an attractive location for potential homeowners and investors.

Current Market Conditions in Welcome, MN

The real estate market in Welcome, MN, is characterized by a stable demand, predominantly driven by families and retirees looking for serene living conditions. Home prices have shown a gradual increase over the past few years as more people seek to escape urban areas for quieter, rural locations.

Current trends indicate a growing interest in sustainable and modern homes, with investors becoming more aware of the potential for rental properties due to the town's stable population and consistent rental demand.

Home Value Estimator For Welcome, MN

There are currently 514 real estate properties in Welcome, MN, with a median automated valuation model (AVM) price of $177,631.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Welcome, 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 Welcome, MN, is $314,370.00, with the most expensive house in Welcome, MN, topping out at $4,080,534.00 and the cheapest home in Welcome, MN, clocking in at $16,590.00. In other words, there’s something for every potential homebuyer or savvy investor in Welcome, MN!

Rent Prices In Welcome, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Welcome, MN, is on a rollercoaster ride. The average rent price in Welcome, MN, is $1,243.00. Indeed, when looking to rent in Welcome, MN, you can expect to pay as little as $470.00 or as much as $2,700.00, with the average rent median estimated to be $1,150.00. The good news is that finding an affordable and desirable property to rent in Welcome, 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.

Welcome, MN 56181 Foreclosures

Market Trend for Welcome, MN

Total Listings Available: 4

Market Values:

Home Prices from $16,590 to $4,080,534

Average Sales Price: $314,370

Rental Values:

Rental from $470 to $2,700

Average Rent Value: $1,243 / month

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