Foreclosure Homes in Lester Prairie, MN

Search within map
Displaying 1 - 3 of 3
More real estate for sale

Other cities with foreclosures
Zip codes

Lester Prairie, MN Foreclosures

How much do homes sell for in Lester Prairie, MN?
The average home price is currently $316,074.
In Lester Prairie, MN, how many homes are available?
There are currently 862 active home listings available in Lester Prairie.
What’s the average rental cost in Lester Prairie, MN?
The average rental price in Lester Prairie is $1,531.
What is the most expensive home in Lester Prairie, Minnesota?
The most expensive home sold in Lester Prairie had a price of $1,296,068.
What is currently the cheapest priced home in Lester Prairie, MN?
The cheapest home for sale in Lester Prairie is priced at $20,500.

Home Value Estimator For Lester Prairie, MN

There are currently 862 real estate properties in Lester Prairie, MN, with a median automated valuation model (AVM) price of $270,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lester Prairie, 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 Lester Prairie, MN, is $316,074.00, with the most expensive house in Lester Prairie, MN, topping out at $1,296,068.00 and the cheapest home in Lester Prairie, MN, clocking in at $20,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Lester Prairie, MN!

Rent Prices In Lester Prairie, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lester Prairie, MN, is on a rollercoaster ride. The average rent price in Lester Prairie, MN, is $1,531.00. Indeed, when looking to rent in Lester Prairie, MN, you can expect to pay as little as $720.00 or as much as $2,630.00, with the average rent median estimated to be $1,500.00. The good news is that finding an affordable and desirable property to rent in Lester Prairie, 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.

Top Reasons To Live In Lester Prairie, MN In 2024

Lester Prairie is located in McLeod, Minnesota, with an estimated municipal population of 1,728 residents. All of the best foreclosed homes for sale in Lester Prairie are located in the following zip code areas on 55354. The estimated population per square kilometer (.62 miles) in Lester Prairie is 748.

Cost Of Living In Lester Prairie, MN

So, about how much do homes cost in Lester Prairie? The most recent median value of resident-owned homes in Lester Prairie is 150,056. An estimated 80.9 percent of households in Lester Prairie own their homes, with an average family size of 3.35. The median household income in Lester Prairie is 59,688, with23.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lester Prairie, the median commute time of resident workers (in minutes) is 28.1. And last, but certainly not least, are you looking for homes to rent in Lester Prairie? If so, the average rent price paid by renters in Lester Prairie is 543, according to recent statistics.

Diversity And Demographics In Lester Prairie, Minnesota

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Lester Prairie, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Lester Prairie is 34.7, split between 50.3 percent male versus 49.7 female. The percentage of residents who report being married in Lester Prairie is 56.4, with an average family size of 3.35.

The percentage of residents who report their race in Lester Prairie is as follows:

White 98.2%
Black / African American 0.3%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.5%
Other 0%

Looking for family-friendly neighborhoods in and/or near Lester Prairie? Or maybe you are searching for 55+ active adult communities in and/or near Lester Prairie?

The percentage of residents who report their age in Lester Prairie is as follows:

Under 10 20.4%
Aged 10-19 13.5%
20s 9.7%
30s 14.3%
40s 12.6%
50s 10.5%
60s 10%
70s 7%
80+ 2.1%

Best Schools In Lester Prairie, Minnesota

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Lester Prairie with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Lester Prairie.

Pros And Cons Of Living In Lester Prairie, Minnesota

How do you know that living in -- or moving to -- Lester Prairie is right where you need to be? Perhaps you grew up in Lester Prairie or already live nearby; therefore, the decision to buy a home in Lester Prairie is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Lester Prairie for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Lester Prairie:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Lester Prairie.

Reasons To Move To Lester Prairie, Minnesota, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Lester Prairie can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Lester Prairie, meanwhile, can field multiple offers from more qualified buyers.

Lester Prairie, MN Foreclosures


Listing types in Lester Prairie, MN

These money-making opportunities can deliver huge savings on your next purchase.

Remember, we update our listings often so be sure to check back daily! Advantages

Many listings on are not found anywhere else. Save thousands on incredible foreclosure deals in Lester Prairie, MN. Save up to 62% with deals in Lester Prairie, MN.

Get NEW Foreclosure Listings sent to your inbox

Millions of people receive foreclosure alerts daily, don't miss out.

Privacy Policy   |   Terms and Conditions of Service   |   © / 1999-2024. All Rights Reserved.