Burtrum, MN Foreclosures
How much do homes sell for in Burtrum, MN?
The average home price is currently $362,394.
In Burtrum, MN, how many homes are available?
There are currently 2 active home listings available in Burtrum.
What’s the average rental cost in Burtrum, MN?
The average rental price in Burtrum is $1,336.
What is the most expensive home in Burtrum?
The most expensive home sold in Burtrum had a price of $1,421,008.
What is currently the cheapest priced home in Burtrum, MN?
The cheapest home for sale in Burtrum is priced at $18,740.
Living in Burtrum, MN
Burtrum, MN, is a serene town characterized by its picturesque landscapes and friendly community. Known for its leisure activities such as fishing and hiking, it offers residents a tranquil lifestyle while being conveniently near larger towns for shopping and services. Families appreciate the local school options and the strong sense of community inherent in this charming area.
Current Market Conditions in Burtrum, MN
The real estate market in Burtrum, MN, is currently experiencing a steady demand for homes. The recent trends indicate an increase in interest from buyers looking for affordable housing options that include spacious properties with scenic views of nature. While the inventory of homes remains limited, the overall demand is leading to gradual price increases, making it a competitive market for both buyers and sellers.
Investors and families alike are recognizing Burtrum's value as an emerging market in central Minnesota. The low cost of living and quality of life are drawing potential homeowners, encouraging a positive outlook for real estate growth. As more people seek properties outside of urban centers, Burtrum's appeal as a quaint, rural town is likely to increase.
Home Value Estimator For Burtrum, MN
There are currently 908 real estate properties
in Burtrum, MN,
with a median automated valuation model (AVM) price
of $325,550.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Burtrum, 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 Burtrum, MN,
is $362,394.00, with the most expensive house
in Burtrum, MN, topping out
at $1,421,008.00 and the cheapest home
in Burtrum, MN,
clocking in at $18,740.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Burtrum, MN!
Rent Prices
In Burtrum, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Burtrum, MN, is on
a rollercoaster ride. The
average rent price in Burtrum, MN,
is $1,336.00. Indeed, when looking to rent in
Burtrum, MN, you can expect to pay as little
as $490.00 or as much
as $2,520.00,
with the average rent median estimated to
be $1,340.00. The good news is that finding
an affordable and desirable property to rent in Burtrum, 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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