Living in Calumet, MN
Calumet, MN is a serene community surrounded by nature, offering outdoor recreational activities year-round. With a rich history and a close-knit atmosphere, the town provides educational opportunities and local amenities reflecting its heritage. It serves as a peaceful haven for those looking to escape the hustle and bustle.
Current Market Conditions in Calumet, MN
The real estate market in Calumet is characterized by a mix of affordability and moderate growth potential. Due to its attractive lifestyle and outdoor recreational opportunities, properties in the area have seen stable demand, with homes appreciating gradually over the last few years.
Investors looking at Calumet will find that the market remains accessible, with various options for different budgets. The increasing popularity of remote work has led to more people seeking homes in quieter, nature-oriented locations like Calumet, further bolstering demand.
Home Value Estimator For Calumet, MN
There are currently 75 real estate properties
in Calumet, MN,
with a median automated valuation model (AVM) price
of $101,172.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Calumet, 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 Calumet, MN,
is $110,532.00, with the most expensive house
in Calumet, MN, topping out
at $292,585.00 and the cheapest home
in Calumet, MN,
clocking in at $19,275.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Calumet, MN!
Rent Prices
In Calumet, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Calumet, MN, is on
a rollercoaster ride. The
average rent price in Calumet, MN,
is $923.00. Indeed, when looking to rent in
Calumet, MN, you can expect to pay as little
as $570.00 or as much
as $1,390.00,
with the average rent median estimated to
be $920.00. The good news is that finding
an affordable and desirable property to rent in Calumet, 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.
Learn more on Foreclosure homes
