There are currently 93,661 real estate properties in Saint Paul, MN, with a median automated valuation model (AVM) price of $294,636.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Saint Paul, 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 Saint Paul, MN, is $345,572.00, with the most expensive house in Saint Paul, MN, topping out at $8,470,305.00 and the cheapest home in Saint Paul, MN, clocking in at $12,918.00. In other words, there’s something for every potential homebuyer or savvy investor in Saint Paul, MN!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Saint Paul, MN, is on a rollercoaster ride. The average rent price in Saint Paul, MN, is $1,653.00. Indeed, when looking to rent in Saint Paul, MN, you can expect to pay as little as $600.00 or as much as $5,020.00, with the average rent median estimated to be $1,550.00. The good news is that finding an affordable and desirable property to rent in Saint Paul, 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.
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