Eldred, MN Foreclosures
How much do homes sell for in Eldred, MN?
The average home price is currently $136,519.
What’s the average rental cost in Eldred, MN?
The average rental price in Eldred is $971.
What is the most expensive home in Eldred?
The most expensive home sold in Eldred had a price of $481,010.
What is currently the cheapest priced home in Eldred, MN?
The cheapest home for sale in Eldred is priced at $37,756.
Living in Eldred, MN
Eldred, MN is a charming and quiet town that offers a relaxed lifestyle surrounded by nature. Residents enjoy a close-knit community, excellent outdoor activities, and access to essential amenities. Ideal for families and outdoor enthusiasts, it’s a perfect place for those seeking tranquility away from urban hustle.
Current Market Conditions in Eldred, MN
The real estate market in Eldred has shown a steady pace with slight increases in home values over recent months. The demand for housing remains stable, particularly as more buyers are drawn to the area's serene environment and abundant outdoor activities. Inventory levels are manageable, allowing for both buyers and sellers to navigate the market effectively.
Current market trends reveal that homes are selling within a fair timeframe, reflecting the balanced dynamics of a rural community market. With continued interest in the area, Eldred is becoming more recognized by buyers looking for second homes or retirement options.
Home Value Estimator For Eldred, MN
There are currently 16 real estate properties
in Eldred, MN,
with a median automated valuation model (AVM) price
of $94,123.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Eldred, 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 Eldred, MN,
is $136,519.00, with the most expensive house
in Eldred, MN, topping out
at $481,010.00 and the cheapest home
in Eldred, MN,
clocking in at $37,756.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Eldred, MN!
Rent Prices
In Eldred, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Eldred, MN, is on
a rollercoaster ride. The
average rent price in Eldred, MN,
is $971.00. Indeed, when looking to rent in
Eldred, MN, you can expect to pay as little
as $570.00 or as much
as $1,820.00,
with the average rent median estimated to
be $880.00. The good news is that finding
an affordable and desirable property to rent in Eldred, 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.
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