Bovey, MN

Bovey is a small town located in the southwestern part of Minnesota. The population was just over 1,000 people as of the 2010 census. The town is situated on the banks of the Mississippi River and has been home to various businesses and industries since its inception. Today, Bovey is best known for its real estate industry.

The real estate market in Bovey is strong and there are many homes for sale as well as rental properties available. The median price for homes sold in Bovey was $171,500 in 2016 according to data from Zillow. This is a bit higher than the statewide median price of $146,900 but still below average prices for Minnesota towns of this size. There are also a number of condos and apartments available for rent in Bovey, with rents averaging around $1,100 per month according to data from HotPads.com.

The main reason why the real estate market in Bovey is so strong is because there are plenty of homes available at reasonable prices and there are also a number of new developments currently under construction that will add even more housing options to the market soon. One example of this is the development called Riverbend which will include over 100 new homes when it's completed later this year. Another recent development that has added even more housing options to the market is called The Landing which includes 68 new homes when it's completed later this year. Both developments were designed by local architects and they have already started selling out quickly due to their high quality standards and attractive design features.

Overall, the real estate market in Bovey looks very promising and there seems to be plenty of demand among buyers as well as renters alike. If you're looking for a place to call home or you're interested in investing in some property near Bovey, you should definitely give it some consideration!