Ellsworth, MN Foreclosures
How much do homes sell for in Ellsworth, MN?
The average home price is currently $141,473.
What’s the average rental cost in Ellsworth, MN?
The average rental price in Ellsworth is $934.
What is the most expensive home in Ellsworth?
The most expensive home sold in Ellsworth had a price of $624,590.
What is currently the cheapest priced home in Ellsworth, MN?
The cheapest home for sale in Ellsworth is priced at $53,908.
Living in Ellsworth, MN
Ellsworth, MN, is a charming small town rich in community spirit and surrounded by stunning rural landscapes. The town provides essential amenities and a friendly atmosphere, making it an inviting place for families and retirees. Outdoor activities abound, with ample parks and local events enriching the community experience.
Current Market Conditions in Ellsworth, MN
The real estate market in Ellsworth has shown resilience despite broader economic pressures. Steady demand for family homes reflects a growing interest in quieter, rural living, leading to gradual increases in home values. The average days on market have decreased, indicating that homes are selling quickly, especially those that are well-maintained and updated.
With a mix of older homes and new constructions, buyers are diversifying their choices, which is impacting the local market positively. Many people are moving to Ellsworth seeking a peaceful environment while still being reasonably close to urban amenities.
Home Value Estimator For Ellsworth, MN
There are currently 235 real estate properties
in Ellsworth, MN,
with a median automated valuation model (AVM) price
of $119,441.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ellsworth, 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 Ellsworth, MN,
is $141,473.00, with the most expensive house
in Ellsworth, MN, topping out
at $624,590.00 and the cheapest home
in Ellsworth, MN,
clocking in at $53,908.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ellsworth, MN!
Rent Prices
In Ellsworth, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ellsworth, MN, is on
a rollercoaster ride. The
average rent price in Ellsworth, MN,
is $934.00. Indeed, when looking to rent in
Ellsworth, MN, you can expect to pay as little
as $580.00 or as much
as $1,900.00,
with the average rent median estimated to
be $850.00. The good news is that finding
an affordable and desirable property to rent in Ellsworth, 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
