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Condo Foreclosures in Mahnomen, MN

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Mahnomen, MN Foreclosures

How much do homes sell for in Mahnomen, MN?
The average home price is currently $206,179.
What’s the average rental cost in Mahnomen, MN?
The average rental price in Mahnomen is $1,068.
What is the most expensive home in Mahnomen?
The most expensive home sold in Mahnomen had a price of $1,522,200.
What is currently the cheapest priced home in Mahnomen, MN?
The cheapest home for sale in Mahnomen is priced at $12,469.

Living in Mahnomen, MN

Mahnomen, Minnesota, offers a quaint small-town atmosphere centered on community and culture, surrounded by the natural beauty of the countryside. Ideal for outdoor enthusiasts, it features numerous recreational opportunities, enriching cultural experiences, and welcoming local businesses. The area is perfect for families seeking a peaceful lifestyle with access to nature and a strong sense of community.

Current Market Conditions in Mahnomen, MN

The real estate market in Mahnomen is currently stable with a modest growth trend. Homes are relatively affordable compared to larger urban areas, attracting buyers looking for value and a peaceful lifestyle. There is a good mix of single-family homes and some multi-family units available, catering to different demographic groups.

Recent studies show that property values have slightly increased due to an influx of new residents drawn by the attractive lifestyle and lower cost of living, but the market remains accessible for first-time home buyers.

Home Value Estimator For Mahnomen, MN

There are currently 770 real estate properties in Mahnomen, MN, with a median automated valuation model (AVM) price of $150,998.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mahnomen, 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 Mahnomen, MN, is $206,179.00, with the most expensive house in Mahnomen, MN, topping out at $1,522,200.00 and the cheapest home in Mahnomen, MN, clocking in at $12,469.00. In other words, there’s something for every potential homebuyer or savvy investor in Mahnomen, MN!

Rent Prices In Mahnomen, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mahnomen, MN, is on a rollercoaster ride. The average rent price in Mahnomen, MN, is $1,068.00. Indeed, when looking to rent in Mahnomen, MN, you can expect to pay as little as $570.00 or as much as $1,920.00, with the average rent median estimated to be $1,030.00. The good news is that finding an affordable and desirable property to rent in Mahnomen, 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.

Mahnomen, MN Condos


Market Trend for Mahnomen, MN

Total Listings Available: 0

Market Values:

Home Prices from $12,469 to $1,522,200

Average Sales Price: $206,179

Rental Values:

Rental from $570 to $1,920

Average Rent Value: $1,068 / month

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