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Cheap Homes in Erhard, MN

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Erhard, MN Foreclosures

How much do homes sell for in Erhard, MN?
The average home price is currently $385,616.
In Erhard, MN, how many homes are available?
There are currently 1 active home listings available in Erhard.
What’s the average rental cost in Erhard, MN?
The average rental price in Erhard is $1,433.
What is the most expensive home in Erhard?
The most expensive home sold in Erhard had a price of $1,656,843.
What is currently the cheapest priced home in Erhard, MN?
The cheapest home for sale in Erhard is priced at $21,584.

Living in Erhard, MN

Erhard, MN, is a tranquil small town characterized by a strong sense of community and natural beauty. The area is perfect for those who appreciate a rural lifestyle with easy access to outdoor activities. Its proximity to lakes and parks makes it ideal for fishing and hiking, while still providing necessary amenities nearby.

Current Market Conditions in Erhard, MN

The real estate market in Erhard, MN, is currently stable with a modest number of homes available for sale. Prices remain affordable compared to urban centers, which attracts both new residents and investors. The market has seen gradual appreciation over the last few years, with demand bolstered by the area's appealing lifestyle and recreational opportunities.

With the ongoing trend of remote work and a shift towards more rural living, Erhard has seen an increase in interest from buyers seeking vacation homes or permanent residences away from bustling cities. As families look to settle in less populated areas, the market is expected to remain competitive.

Home Value Estimator For Erhard, MN

There are currently 750 real estate properties in Erhard, MN, with a median automated valuation model (AVM) price of $346,621.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Erhard, 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 Erhard, MN, is $385,616.00, with the most expensive house in Erhard, MN, topping out at $1,656,843.00 and the cheapest home in Erhard, MN, clocking in at $21,584.00. In other words, there’s something for every potential homebuyer or savvy investor in Erhard, MN!

Rent Prices In Erhard, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Erhard, MN, is on a rollercoaster ride. The average rent price in Erhard, MN, is $1,433.00. Indeed, when looking to rent in Erhard, MN, you can expect to pay as little as $580.00 or as much as $2,480.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in Erhard, 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.

Cheap Homes in Erhard, MN


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