Cromwell, MN Foreclosures
Current Market Conditions in in Cromwell, MN As of April 2026?
Over the past month, the Cromwell real estate market has exhibited signs of increased activity, with a slight uptick in home sales driven by buyers interested in seasonal homes. Inventory remains tight, leading to quicker sales and homes often fetching above the asking price, indicating a robust seller's market for well-maintained properties.
How much do homes sell for in Cromwell, MN?
The average home price is currently $267,345.
In Cromwell, MN, how many homes are available?
There are currently 2 active home listings available in Cromwell.
What’s the average rental cost in Cromwell, MN?
The average rental price in Cromwell is $1,338.
What is the most expensive home in Cromwell?
The most expensive home sold in Cromwell had a price of $779,725.
What is currently the cheapest priced home in Cromwell, MN?
The cheapest home for sale in Cromwell is priced at $30,996.
Living in Cromwell, MN
Cromwell, MN is a charming small town that offers a peaceful, rural lifestyle with a close-knit community atmosphere. Surrounded by natural beauty and outdoor recreational opportunities, this area is ideal for nature lovers. Residents enjoy a tranquil environment while still being accessible to larger cities.
Buyer vs Seller Market in Cromwell, MN
The Cromwell real estate market has seen a steady increase in demand over the past year, with a focus on single-family homes suitable for both permanent residents and vacationers. The market remains stable, driven by buyers looking for affordable options near outdoor recreational areas.
Trends indicate a growing interest in properties with larger lots and access to lakes, as many seek to invest in second homes or retreats. This shift is leading to competitive pricing, though the market still offers affordable opportunities compared to urban areas.
Home Value Estimator For Cromwell, MN
There are currently 564 real estate properties
in Cromwell, MN,
with a median automated valuation model (AVM) price
of $246,145.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cromwell, 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 Cromwell, MN,
is $267,345.00, with the most expensive house
in Cromwell, MN, topping out
at $779,725.00 and the cheapest home
in Cromwell, MN,
clocking in at $30,996.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cromwell, MN!
Rent Prices
In Cromwell, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cromwell, MN, is on
a rollercoaster ride. The
average rent price in Cromwell, MN,
is $1,338.00. Indeed, when looking to rent in
Cromwell, MN, you can expect to pay as little
as $570.00 or as much
as $2,000.00,
with the average rent median estimated to
be $1,380.00. The good news is that finding
an affordable and desirable property to rent in Cromwell, 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.