Living in Calumet, MN
Calumet, MN is a charming small town nestled in the heart of Itasca County, offering a peaceful lifestyle surrounded by nature. Known for its outdoor recreational opportunities, it attracts families and retirees alike. With affordable housing and a welcoming community atmosphere, Calumet is an ideal place for those looking to enjoy a quieter pace of life.
Current Market Conditions in Calumet, MN
The real estate market in Calumet, MN, is currently experiencing a steady demand with prices reflecting the area's unique appeal for both seasonal and year-round residents. Homes are seeing a moderate increase in value, particularly those close to natural attractions or possessing unique features.
Recent trends indicate a growing interest in properties that offer accessibility to outdoor activities and the beauty of the surrounding landscape. As more people seek refuge in smaller towns, Calumet's market is expected to remain robust.
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 $108,475.00. 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 $114,377.00, with the most expensive house
in Calumet, MN, topping out
at $293,107.00 and the cheapest home
in Calumet, MN,
clocking in at $23,238.00. 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.
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