Correll, MN Foreclosures
How much do homes sell for in Correll, MN?
The average home price is currently $210,933.
In Correll, MN, how many homes are available?
There are currently 2 active home listings available in Correll.
What’s the average rental cost in Correll, MN?
The average rental price in Correll is $998.
What is the most expensive home in Correll?
The most expensive home sold in Correll had a price of $1,587,516.
What is currently the cheapest priced home in Correll, MN?
The cheapest home for sale in Correll is priced at $20,088.
Living in Correll, MN
Correll, MN, is a quaint rural town that offers a peaceful lifestyle surrounded by beautiful farmland and natural scenery. With a tight-knit community and basic amenities, it's ideal for those looking to escape the city. Correll is perfect for families and retirees seeking tranquility outside the urban environment.
Current Market Conditions in Correll, MN
The real estate market in Correll remains stable, with modest home prices that attract new residents seeking affordable housing options in a rural setting. The demand for homes has remained steady, largely due to individuals desiring less congested living compared to larger urban areas. While the housing inventory is limited, the affordability factor makes Correll appealing for first-time homebuyers and retirees alike.
Currently, there is a noticeable trend where more people are relocating to rural areas like Correll, seeking a lifestyle that combines nature with community. With an uptick in remote work, it's become more common for families who historically lived in cities to explore small-town living, leading to a gradual increase in property values. Buyers are appreciating the value of larger lot sizes and open spaces available in Correll.
Home Value Estimator For Correll, MN
There are currently 48 real estate properties
in Correll, MN,
with a median automated valuation model (AVM) price
of $102,949.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Correll, 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 Correll, MN,
is $210,933.00, with the most expensive house
in Correll, MN, topping out
at $1,587,516.00 and the cheapest home
in Correll, MN,
clocking in at $20,088.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Correll, MN!
Rent Prices
In Correll, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Correll, MN, is on
a rollercoaster ride. The
average rent price in Correll, MN,
is $998.00. Indeed, when looking to rent in
Correll, MN, you can expect to pay as little
as $730.00 or as much
as $1,780.00,
with the average rent median estimated to
be $910.00. The good news is that finding
an affordable and desirable property to rent in Correll, 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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