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Short Sale Listings in Wright, MN 55798

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Wright, MN Foreclosures

How much do homes sell for in Wright, MN?
The average home price is currently $242,241.
What’s the average rental cost in Wright, MN?
The average rental price in Wright is $1,405.
What is the most expensive home in Wright?
The most expensive home sold in Wright had a price of $1,837,442.
What is currently the cheapest priced home in Wright, MN?
The cheapest home for sale in Wright is priced at $27,144.

Living in Wright, MN

Wright, MN is a quaint and friendly small town that emphasizes a close-knit community and beautiful natural surroundings. With its convenient access to outdoor activities and proximity to the Twin Cities, it’s a great place for families and nature lovers alike. The town fosters a peaceful lifestyle with various local events that bring residents together.

Current Market Conditions in Wright, MN

Wright's real estate market is currently experiencing moderate growth, with an increasing number of homes being sold in the area as more people move to rural Minnesota for tranquility and space. The demand for single-family homes continues to rise, reflecting the area's overall appeal to young families and retirees alike.

The trend of remote work has influenced many individuals seeking a more spacious living environment outside the urban settings, thus contributing to the increased interest in Wright's property listings.

Home Value Estimator For Wright, MN

There are currently 342 real estate properties in Wright, MN, with a median automated valuation model (AVM) price of $223,773.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wright, 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 Wright, MN, is $242,241.00, with the most expensive house in Wright, MN, topping out at $1,837,442.00 and the cheapest home in Wright, MN, clocking in at $27,144.00. In other words, there’s something for every potential homebuyer or savvy investor in Wright, MN!

Rent Prices In Wright, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wright, MN, is on a rollercoaster ride. The average rent price in Wright, MN, is $1,405.00. Indeed, when looking to rent in Wright, MN, you can expect to pay as little as $660.00 or as much as $3,120.00, with the average rent median estimated to be $1,370.00. The good news is that finding an affordable and desirable property to rent in Wright, 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.

Wright, MN 55798 Short Sale Listings

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