Winthrop, MN Foreclosures
How much do homes sell for in Winthrop, MN?
The average home price is currently $362,616.
In Winthrop, MN, how many homes are available?
There are currently 5 active home listings available in Winthrop.
What’s the average rental cost in Winthrop, MN?
The average rental price in Winthrop is $1,366.
What is the most expensive home in Winthrop?
The most expensive home sold in Winthrop had a price of $5,345,615.
What is currently the cheapest priced home in Winthrop, MN?
The cheapest home for sale in Winthrop is priced at $15,066.
Living in Winthrop, MN
Winthrop, MN is a picturesque small town that offers a tranquil lifestyle with a tight-knit community. Known for its rich agricultural roots and friendly atmosphere, the area supports local businesses and provides recreational opportunities ranging from parks to riverside activities. Excellent schools and community events make it an ideal location for families and individuals alike.
Current Market Conditions in Winthrop, MN
The current real estate market in Winthrop is experiencing steady growth, with an increase in home values over the past six months. Buyers are attracted to the affordability of homes in the area compared to nearby larger cities, which has led to a competitive but manageable market. Additionally, the inventory of houses for sale is gradually decreasing, indicating a potential rise in prices in the coming months as demand continues to outpace supply.
Real estate trends show that Winthrop's market is stable, with a healthy number of transactions taking place. New housing developments are emerging, catering to both young families looking for starter homes and older couples seeking downsize options. The suburban lifestyle here is drawing more buyers looking for a peaceful alternative to urban living.
Home Value Estimator For Winthrop, MN
There are currently 557 real estate properties
in Winthrop, MN,
with a median automated valuation model (AVM) price
of $233,410.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Winthrop, 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 Winthrop, MN,
is $362,616.00, with the most expensive house
in Winthrop, MN, topping out
at $5,345,615.00 and the cheapest home
in Winthrop, MN,
clocking in at $15,066.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Winthrop, MN!
Rent Prices
In Winthrop, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Winthrop, MN, is on
a rollercoaster ride. The
average rent price in Winthrop, MN,
is $1,366.00. Indeed, when looking to rent in
Winthrop, MN, you can expect to pay as little
as $820.00 or as much
as $2,340.00,
with the average rent median estimated to
be $1,320.00. The good news is that finding
an affordable and desirable property to rent in Winthrop, 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
