Median real estate price in the City Center of Osakis is $187,242, which is more expensive than 40.5% of the neighborhoods in Minnesota and 49.9% of the neighborhoods in the U.S.
The average rental price in Osakis City Center is currently $821, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 73.5% of Minnesota neighborhoods.
Osakis City Center is a rural neighborhood (based on population density) located in Osakis, Minnesota.
Real estate in the City Center of Osakis, MN is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the City Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in Osakis City Center. The current real estate vacancy rate here is 17.9%. This is higher than the rate of vacancies in 81.4% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (13.1%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.