Elmore, MN Foreclosures
How much do homes sell for in Elmore, MN?
The average home price is currently $188,771.
In Elmore, MN, how many homes are available?
There are currently 1 active home listings available in Elmore.
What’s the average rental cost in Elmore, MN?
The average rental price in Elmore is $911.
What is the most expensive home in Elmore?
The most expensive home sold in Elmore had a price of $2,891,886.
What is currently the cheapest priced home in Elmore, MN?
The cheapest home for sale in Elmore is priced at $20,273.
Living in Elmore, MN
Elmore, MN is a small and welcoming town known for its friendly community and serene atmosphere. With nearby lakes and parks offering recreational opportunities, it is perfect for families and outdoor enthusiasts. Elmore provides a calm and peaceful lifestyle while still being accessible to larger city amenities.
Current Market Conditions in Elmore, MN
The real estate market in Elmore is stable, with a mix of affordable homes and some higher-end listings as well. Despite its small size, the market has seen steady demand, particularly from families looking to escape urban living. Prices in the area have remained relatively even, making it an attractive option for both first-time buyers and retirees.
Elmore's market is characterized by a low inventory of homes but steady buyer interest, suggesting a balanced market. Homes tend to sell within a reasonable timeframe, and demand may increase as more people discover the charm of small-town living.
Home Value Estimator For Elmore, MN
There are currently 452 real estate properties
in Elmore, MN,
with a median automated valuation model (AVM) price
of $88,413.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Elmore, 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 Elmore, MN,
is $188,771.00, with the most expensive house
in Elmore, MN, topping out
at $2,891,886.00 and the cheapest home
in Elmore, MN,
clocking in at $20,273.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Elmore, MN!
Rent Prices
In Elmore, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Elmore, MN, is on
a rollercoaster ride. The
average rent price in Elmore, MN,
is $911.00. Indeed, when looking to rent in
Elmore, MN, you can expect to pay as little
as $540.00 or as much
as $2,080.00,
with the average rent median estimated to
be $800.00. The good news is that finding
an affordable and desirable property to rent in Elmore, 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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