White Bear Lake, MN Foreclosures
How much do homes sell for in White Bear Lake, MN?
The average home price is currently $451,880.
In White Bear Lake, MN, how many homes are available?
There are currently 30 active home listings available in White Bear Lake.
What’s the average rental cost in White Bear Lake, MN?
The average rental price in White Bear Lake is $1,811.
What is the most expensive home in White Bear Lake?
The most expensive home sold in White Bear Lake had a price of $19,787,126.
What is currently the cheapest priced home in White Bear Lake, MN?
The cheapest home for sale in White Bear Lake is priced at $59,632.
Living in White Bear Lake, MN
White Bear Lake, MN is a vibrant community known for its stunning lake and recreational opportunities. Offering a small-town atmosphere with access to quality schools and a variety of local businesses, it caters to families and outdoor lovers alike. The city features numerous parks and activities, making it an appealing destination for those looking for a balanced lifestyle.
Current Market Conditions in White Bear Lake, MN
The real estate market in White Bear Lake has been relatively stable, with a healthy mix of single-family homes, townhouses, and condos available. This area has seen a steady demand for housing, particularly among families and retirees, owing to its reputable school districts and pleasant living environment. The median home price reflects a competitive market, with several properties experiencing multiple offers due to their desirability.
Current trends indicate that homes in White Bear Lake are appreciating in value, with a notable increase in buyers seeking properties that offer outdoor amenities and easy lake access. New construction developments are also emerging, further diversifying the housing market and catering to the growing population.
Home Value Estimator For White Bear Lake, MN
There are currently 12,882 real estate properties
in White Bear Lake, MN,
with a median automated valuation model (AVM) price
of $368,145.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in White Bear Lake, 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 White Bear Lake, MN,
is $451,880.00, with the most expensive house
in White Bear Lake, MN, topping out
at $19,787,126.00 and the cheapest home
in White Bear Lake, MN,
clocking in at $59,632.00. In other words, there’s
something for every potential homebuyer
or savvy investor in White Bear Lake, MN!
Rent Prices
In White Bear Lake, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in White Bear Lake, MN, is on
a rollercoaster ride. The
average rent price in White Bear Lake, MN,
is $1,811.00. Indeed, when looking to rent in
White Bear Lake, MN, you can expect to pay as little
as $950.00 or as much
as $4,380.00,
with the average rent median estimated to
be $1,710.00. The good news is that finding
an affordable and desirable property to rent in White Bear Lake, 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.