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Foreclosure Homes in Eveleth, MN

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Eveleth, MN Foreclosures

How much do homes sell for in Eveleth, MN?
The average home price is currently $220,920.
In Eveleth, MN, how many homes are available?
There are currently 1 active home listings available in Eveleth.
What’s the average rental cost in Eveleth, MN?
The average rental price in Eveleth is $1,143.
What is the most expensive home in Eveleth?
The most expensive home sold in Eveleth had a price of $1,612,693.
What is currently the cheapest priced home in Eveleth, MN?
The cheapest home for sale in Eveleth is priced at $13,565.

Living in Eveleth, MN

Eveleth, MN, is a small city known for its rich mining history and stunning natural surroundings. Residents enjoy a mix of recreational activities, community events, and local amenities, making it an attractive place for families and retirees alike. With access to lakes and parks, Eveleth offers both tranquility and adventure year-round.

Current Market Conditions in Eveleth, MN

The real estate market in Eveleth has shown stability over the past few months, with a gradual increase in home prices reflecting the city's desirability for both families and retirees. Demand for homes has been steady, and the available inventory remains relatively low, which may drive prices upward in the near future.

The city has attracted attention due to its affordable housing options compared to surrounding areas, making it an appealing choice for first-time homebuyers. Additionally, investment in local infrastructure and amenities further enhances its appeal as a place to live.

Home Value Estimator For Eveleth, MN

There are currently 3,118 real estate properties in Eveleth, MN, with a median automated valuation model (AVM) price of $170,230.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Eveleth, 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 Eveleth, MN, is $220,920.00, with the most expensive house in Eveleth, MN, topping out at $1,612,693.00 and the cheapest home in Eveleth, MN, clocking in at $13,565.00. In other words, there’s something for every potential homebuyer or savvy investor in Eveleth, MN!

Rent Prices In Eveleth, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Eveleth, MN, is on a rollercoaster ride. The average rent price in Eveleth, MN, is $1,143.00. Indeed, when looking to rent in Eveleth, MN, you can expect to pay as little as $550.00 or as much as $2,220.00, with the average rent median estimated to be $1,060.00. The good news is that finding an affordable and desirable property to rent in Eveleth, 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.

Eveleth, MN Foreclosures

Market Trend for Eveleth, MN

Total Listings Available: 1

Market Values:

Home Prices from $13,565 to $1,612,693

Average Sales Price: $220,920

Rental Values:

Rental from $550 to $2,220

Average Rent Value: $1,143 / month

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