Elrosa, MN Foreclosures
How much do homes sell for in Elrosa, MN?
The average home price is currently $231,320.
In Elrosa, MN, how many homes are available?
There are currently 1 active home listings available in Elrosa.
What’s the average rental cost in Elrosa, MN?
The average rental price in Elrosa is $1,214.
What is the most expensive home in Elrosa?
The most expensive home sold in Elrosa had a price of $1,302,248.
What is currently the cheapest priced home in Elrosa, MN?
The cheapest home for sale in Elrosa is priced at $77,029.
Living in Elrosa, MN
Elrosa is a small and charming village situated in central Minnesota, known for its close-knit community and picturesque surroundings. Architectural styles vary from historic homes to modern houses, reflecting the town's rich heritage and welcoming atmosphere. Residents enjoy a serene lifestyle complemented by access to outdoor recreational activities such as hiking and fishing in nearby lakes.
Current Market Conditions in Elrosa, MN
The real estate market in Elrosa is characterized by affordable housing options, making it an attractive prospect for first-time homebuyers and families looking to settle down. The demand for homes has steadily increased, prompting a slight rise in property values as more people seek a rural getaway without straying too far from urban conveniences.
Currently, Elrosa is experiencing a balanced market with a variety of properties available, from charming older homes to newer constructions. The pace of sales has picked up, indicating a healthy interest in the area, particularly among those looking for quiet living amidst natural beauty.
Home Value Estimator For Elrosa, MN
There are currently 86 real estate properties
in Elrosa, MN,
with a median automated valuation model (AVM) price
of $218,752.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Elrosa, 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 Elrosa, MN,
is $231,320.00, with the most expensive house
in Elrosa, MN, topping out
at $1,302,248.00 and the cheapest home
in Elrosa, MN,
clocking in at $77,029.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Elrosa, MN!
Rent Prices
In Elrosa, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Elrosa, MN, is on
a rollercoaster ride. The
average rent price in Elrosa, MN,
is $1,214.00. Indeed, when looking to rent in
Elrosa, MN, you can expect to pay as little
as $640.00 or as much
as $1,860.00,
with the average rent median estimated to
be $1,220.00. The good news is that finding
an affordable and desirable property to rent in Elrosa, 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
