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Foreclosure Homes in Stephen, MN

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Stephen, MN Foreclosures

How much do homes sell for in Stephen, MN?
The average home price is currently $160,888.
In Stephen, MN, how many homes are available?
There are currently 5 active home listings available in Stephen.
What’s the average rental cost in Stephen, MN?
The average rental price in Stephen is $1,078.
What is the most expensive home in Stephen?
The most expensive home sold in Stephen had a price of $1,132,690.
What is currently the cheapest priced home in Stephen, MN?
The cheapest home for sale in Stephen is priced at $14,290.

Living in Stephen, MN

Stephen is a small, charming community located in the northern part of Minnesota, known for its friendly residents and tight-knit atmosphere. The town features a mix of agricultural and small business environments, with a strong emphasis on family-oriented activities and community gatherings. Surrounded by beautiful natural landscapes, Stephen offers opportunities for outdoor enthusiasts to enjoy activities such as hiking, fishing, and hunting.

Current Market Conditions in Stephen, MN

The real estate market in Stephen has shown signs of stability, with a modest increase in home prices as demand for affordable housing rises in this peaceful area. The combination of a steady workforce in agriculture and small businesses contributes to a balanced housing market ideal for both buyers and sellers.

Recently, there has been a growing interest in rural living as more people seek space and a close-knit community. This trend has positively impacted the real estate market, with increased inquiries and sales, especially for single-family homes.

The current interest rates have prompted some first-time homebuyers to consider this area as an achievable goal, leading to a competitive yet level market.

Home Value Estimator For Stephen, MN

There are currently 314 real estate properties in Stephen, MN, with a median automated valuation model (AVM) price of $133,544.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Stephen, 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 Stephen, MN, is $160,888.00, with the most expensive house in Stephen, MN, topping out at $1,132,690.00 and the cheapest home in Stephen, MN, clocking in at $14,290.00. In other words, there’s something for every potential homebuyer or savvy investor in Stephen, MN!

Rent Prices In Stephen, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Stephen, MN, is on a rollercoaster ride. The average rent price in Stephen, MN, is $1,078.00. Indeed, when looking to rent in Stephen, MN, you can expect to pay as little as $760.00 or as much as $2,260.00, 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 Stephen, 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.

Stephen, MN Foreclosures


Market Trend for Stephen, MN

Total Listings Available: 5

Market Values:

Home Prices from $14,290 to $1,132,690

Average Sales Price: $160,888

Rental Values:

Rental from $760 to $2,260

Average Rent Value: $1,078 / month

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