Murdock, MN Foreclosures
How much do homes sell for in Murdock, MN?
The average home price is currently $377,853.
In Murdock, MN, how many homes are available?
There are currently 7 active home listings available in Murdock.
What’s the average rental cost in Murdock, MN?
The average rental price in Murdock is $1,194.
What is the most expensive home in Murdock?
The most expensive home sold in Murdock had a price of $3,663,006.
What is currently the cheapest priced home in Murdock, MN?
The cheapest home for sale in Murdock is priced at $46,576.
Living in Murdock, MN
Murdock, a charming small town in Minnesota, offers a peaceful, rural lifestyle with a strong sense of community. Nestled among beautiful landscapes, it is perfect for those seeking outdoor activities and a friendly atmosphere. Residents enjoy local amenities while benefiting from nearby urban conveniences.
Current Market Conditions in Murdock, MN
The real estate market in Murdock, MN, is currently experiencing low inventory levels, which has resulted in increased competition among buyers. Homes in the area are selling relatively quickly, and prices have seen a steady incline over the past few months. The demand for properties in this serene environment is high, particularly among families looking for affordable housing with a rural charm.
While Murdock has typically been a buyer's market, the recent surge in interest has shifted dynamics, creating a favorable environment for sellers. This trend is bolstered by the town’s attractive lifestyle, coupled with its proximity to larger amenities in Benson, contributing to a stable market outlook.
Home Value Estimator For Murdock, MN
There are currently 274 real estate properties
in Murdock, MN,
with a median automated valuation model (AVM) price
of $241,187.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Murdock, 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 Murdock, MN,
is $377,853.00, with the most expensive house
in Murdock, MN, topping out
at $3,663,006.00 and the cheapest home
in Murdock, MN,
clocking in at $46,576.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Murdock, MN!
Rent Prices
In Murdock, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Murdock, MN, is on
a rollercoaster ride. The
average rent price in Murdock, MN,
is $1,194.00. Indeed, when looking to rent in
Murdock, MN, you can expect to pay as little
as $750.00 or as much
as $2,540.00,
with the average rent median estimated to
be $1,120.00. The good news is that finding
an affordable and desirable property to rent in Murdock, 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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