Why Live in Foley
Foley is a small yet active community in Central Minnesota with a population of less than 3,000 residents. Known for its family-first atmosphere, Foley offers a variety of activities such as baseball, trap shooting, and archery, supported by local small businesses. The town is experiencing growth with new housing developments planned to meet high demand, including single-family homes and rental units. Foley's residential areas feature homes dating back to the 19th century, including bungalows, cottages, ranch-style, and split-level houses on quarter-acre lots. The downtown area along Minnesota State Highway 23 hosts several businesses, including Foley’s Family Restaurant, Mr. Jim’s bar, Blue Ribbon Café, Coborn’s grocery store, and Brewed Gems Coffee and Crystals. Foley has multiple parks like Holdridge Park and Lion’s Park, offering year-round activities such as playgrounds, picnic pavilions, tennis courts, sledding, and ice skating. The Foley Municipal Pool provides a free swim area, kiddie pool, and water slide. Foley Public School District has highly rated schools, including Foley Elementary School and Foley Intermediate School. Annual events like Foley Fun Days, Party in the Park, and Oktoberfest bring the community together. Located at the intersection of Minnesota highways 23 and 25, Foley is 15 miles from St. Cloud and less than 90 minutes from Minneapolis. The area has low crime risk compared to the national average, making it a practical choice for families. For those seeking things to do, Foley offers a blend of outdoor recreation, dining, and community events.
Frequently Asked Questions
What is the average home price in Foley, MN?
Homes for sale in Foley, MN have an average home price of $318,153.
Are home prices dropping in Foley?
Yes, home prices in Foley are down 1% in the last 12 months.
How many homes have sold over the last 12 months in Foley, MN?
65 homes have sold in Foley, MN over the last 12 months.
What are the most popular zip codes in Foley, MN?
How much do you need to make to afford a house in Foley?
The median home price in Foley is $302,500. If you put a 20% down payment of $60,500 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $1,570 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $67K a year to afford the median home price in Foley.
How are the schools in Foley, MN?
Home Trends in Foley, MN
On average, homes in Foley, MN sell after 30 days on the market compared to the national average of 50 days. The median sale price for homes in Foley, MN over the last 12 months is $299,900, up 13% from the median home sale price over the previous 12 months.
Median Sale Price
$299,900
Median Single Family Sale Price
$299,000
Average Price Per Sq Ft
$178
Number of Homes for Sale
11
Last 12 months Home Sales
65
Median List Price
$302,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
13%
