White Bear Lk, MN Foreclosures
How much do homes sell for in White Bear Lk, MN?
The average home price is currently $481,237.
What’s the average rental cost in White Bear Lk, MN?
The average rental price in White Bear Lk is $2,024.
What is the most expensive home in White Bear Lk?
The most expensive home sold in White Bear Lk had a price of $595,494.
What is currently the cheapest priced home in White Bear Lk, MN?
The cheapest home for sale in White Bear Lk is priced at $337,283.
Living in White Bear Lk, MN
White Bear Lake, MN is a picturesque community with a strong sense of local pride and a focus on outdoor living. Residents enjoy a variety of amenities, including dining, shopping, and recreational activities right on the lake. The area's excellent educational institutions enhance the community's appeal for families.
Current Market Conditions in White Bear Lk, MN
The real estate market in White Bear Lake is currently experiencing a surge in demand, driven by low inventory and high interest from buyers. Homes are selling quickly, often with multiple offers, which points to a competitive market. Prices have risen steadily over the past year, reflecting the area's desirability and limited housing options.
In addition to price increases, the trend of home renovations has been noticeable, with many buyers looking for fixer-upper properties. This has led to a revitalization of older homes in the area, contributing to a mix of modern and historic aesthetics within the community.
Home Value Estimator For White Bear Lk, MN
There are currently 13 real estate properties
in White Bear Lk, MN,
with a median automated valuation model (AVM) price
of $503,078.00. 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 Lk, 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 Lk, MN,
is $481,237.00, with the most expensive house
in White Bear Lk, MN, topping out
at $595,494.00 and the cheapest home
in White Bear Lk, MN,
clocking in at $337,283.00. In other words, there’s
something for every potential homebuyer
or savvy investor in White Bear Lk, MN!
Rent Prices
In White Bear Lk, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in White Bear Lk, MN, is on
a rollercoaster ride. The
average rent price in White Bear Lk, MN,
is $2,024.00. Indeed, when looking to rent in
White Bear Lk, MN, you can expect to pay as little
as $1,510.00 or as much
as $2,410.00,
with the average rent median estimated to
be $2,050.00. The good news is that finding
an affordable and desirable property to rent in White Bear Lk, 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.
Learn more on Foreclosure homes
