Cromwell, MN Foreclosures
Current Market Conditions in in Cromwell, MN As of February 2026?
In the past month, Cromwell's housing market has seen a slight uptick in prices due to increased buyer interest. Inventory levels have remained tight, leading to competitive offers on homes. Several properties have generated multiple offers, showcasing the desirability of homes in this peaceful lake town.
How much do homes sell for in Cromwell, MN?
The average home price is currently $273,402.
In Cromwell, MN, how many homes are available?
There are currently 1 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 $785,135.
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 scenic small town that offers a serene lifestyle surrounded by nature. With its friendly community and ample outdoor activities, it is an ideal location for families and outdoor enthusiasts alike. The town features essential amenities and a strong emphasis on education, fostering a close-knit environment.
Buyer vs Seller Market in Cromwell, MN
The real estate market in Cromwell has remained stable, showing a steady growth in property values due to its attractive location and accessibility. Buyers are increasingly looking for quaint, rural homes that provide a getaway from city life, which keeps demand steady for homes in the area.
Investors can find unique opportunities in Cromwell, particularly with properties that have potential for rental income, especially from seasonal tourists who visit the lakes and outdoor attractions.
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 $255,608.00. 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 $273,402.00, with the most expensive house
in Cromwell, MN, topping out
at $785,135.00 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.
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