Outing, MN

Outing is a small town located in southeastern Minnesota. The population was 1,521 at the 2010 census. Outing is known for its lakes and forests, as well as its proximity to Minneapolis-St. Paul. Outing's economy is based largely on agriculture and tourism.

Real estate in Outing is dominated by single-family homes and small apartment complexes. The average price of a home in Outing was $151,000 in 2016, and the median price was $119,000. The most common type of real estate sold in Outing is single-family homes. In 2016, 97% of all real estate sold in Outing was single-family homes.

The most popular neighborhoods in Outing are Lakeside Park (where the majority of homes are priced between $150,000 and $300,000), Forest Hills (where the median home price is $225,000), and Westview (where the median home price is $175,000). There are also a number of smaller neighborhoods scattered throughout the town that have a variety of prices and types of housing stock.

One reason why real estate prices are high in Outing is because there are limited options for buyers who want to purchase a home outside of downtown Minneapolis-St Paul or St Cloud. There are only about 20 detached single-family homes available for sale within 10 miles of downtown Minneapolis-St Paul or St Cloud, compared to more than 1,500 detached single-family homes available within 30 miles of downtown Minneapolis-St Paul or St Cloud according to Zillow data from January 2019 . This means that most people who want to buy a home outside of downtown Minneapolis-St Paul or St Cloud have to look elsewhere in southeastern Minnesota or northern Iowa .

Another reason why real estate prices are high in Outing is because there has been little development activity over the past few years . This means that there are limited new housing units available for sale , which drives up prices .

In addition , many people who live in Outing own their homes outright , which makes it difficult for them to sell their property if they decide they want to move out of town . This situation will likely change as more people move into town due to increasing job opportunities and increased economic growth , but it will take some time before this happens .

Overall , real estate prices in Outing remain relatively high compared to other towns across Minnesota , but they may eventually come down as more development activity occurs and fewer homeowners decide they need to sell their property .