Edgerton, MN Foreclosures
How much do homes sell for in Edgerton, MN?
The average home price is currently $241,946.
What’s the average rental cost in Edgerton, MN?
The average rental price in Edgerton is $1,205.
What is the most expensive home in Edgerton?
The most expensive home sold in Edgerton had a price of $2,163,025.
What is currently the cheapest priced home in Edgerton, MN?
The cheapest home for sale in Edgerton is priced at $18,739.
Living in Edgerton, MN
Edgerton, MN is a quaint community offering a peaceful, rural lifestyle with strong community ties. It provides numerous recreational activities, quality education options, and a friendly atmosphere. Residents enjoy easy access to the beautiful landscapes of southwestern Minnesota, making it a great place to live and raise a family.
Current Market Conditions in Edgerton, MN
The real estate market in Edgerton, MN has been steady, with a range of homes available that appeal to both new buyers and long-time residents. The demand for housing is increasing as more families are looking for affordable options in smaller towns, resulting in a competitive market where homes can receive multiple offers, particularly those that are well-maintained.
With steady population growth and new developments making their way to the area, many investors see potential for appreciation in property values. The current economic trends indicate a gradual increase in prices, but homes remain relatively affordable when compared to urban centers.
Home Value Estimator For Edgerton, MN
There are currently 585 real estate properties
in Edgerton, MN,
with a median automated valuation model (AVM) price
of $191,665.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Edgerton, 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 Edgerton, MN,
is $241,946.00, with the most expensive house
in Edgerton, MN, topping out
at $2,163,025.00 and the cheapest home
in Edgerton, MN,
clocking in at $18,739.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Edgerton, MN!
Rent Prices
In Edgerton, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Edgerton, MN, is on
a rollercoaster ride. The
average rent price in Edgerton, MN,
is $1,205.00. Indeed, when looking to rent in
Edgerton, MN, you can expect to pay as little
as $520.00 or as much
as $2,480.00,
with the average rent median estimated to
be $1,190.00. The good news is that finding
an affordable and desirable property to rent in Edgerton, 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
