Foreclosure Homes in Worthington, MN

Current Market Conditions in Worthington, MN

Currently, the Worthington real estate market is experiencing steady growth, driven by an increase in demand for single-family homes across the area. This upward trend has been fueled by new residents flocking to the area due to job opportunities and the lower cost of living compared to larger metropolitan areas.

Home prices in Worthington have seen a moderate increase over the past few months, with some neighborhoods witnessing a more significant rise in property values. Buyers are encouraged to act quickly as the inventory of homes available for sale continues to decline, leading to competitive bidding situations in desirable neighborhoods.

Rent Prices In Worthington, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Worthington, MN, is on a rollercoaster ride. The average rent price in Worthington, MN, is $1,314.00. Indeed, when looking to rent in Worthington, MN, you can expect to pay as little as $570.00 or as much as $2,540.00, with the average rent median estimated to be $1,280.00. The good news is that finding an affordable and desirable property to rent in Worthington, 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.