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Foreclosure Homes in Erskine, MN 56535

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Erskine, MN Foreclosures

How much do homes sell for in Erskine, MN?
The average home price is currently $386,048.
What’s the average rental cost in Erskine, MN?
The average rental price in Erskine is $1,367.
What is the most expensive home in Erskine?
The most expensive home sold in Erskine had a price of $2,189,795.
What is currently the cheapest priced home in Erskine, MN?
The cheapest home for sale in Erskine is priced at $22,905.

Living in Erskine, MN

Erskine, MN is a tranquil community that offers a blend of rural charm and modern conveniences. Bordered by beautiful natural landscapes, it provides numerous recreational activities for outdoor enthusiasts. The city has a strong community spirit with frequent local events that bring residents together.

Current Market Conditions in Erskine, MN

The real estate market in Erskine remains competitive, with a modest number of homes available. Prices have stabilized in recent months, making it an appealing market for both buyers and sellers. Trends indicate an increase in interest from families moving away from urban areas into quieter locales.

As of late 2023, Erskine is experiencing a gradual increase in home prices, although still lower than the state average. This makes it an attractive investment opportunity for first-time homebuyers and those seeking vacation properties.

Home Value Estimator For Erskine, MN

There are currently 722 real estate properties in Erskine, MN, with a median automated valuation model (AVM) price of $287,466.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Erskine, 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 Erskine, MN, is $386,048.00, with the most expensive house in Erskine, MN, topping out at $2,189,795.00 and the cheapest home in Erskine, MN, clocking in at $22,905.00. In other words, there’s something for every potential homebuyer or savvy investor in Erskine, MN!

Rent Prices In Erskine, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Erskine, MN, is on a rollercoaster ride. The average rent price in Erskine, MN, is $1,367.00. Indeed, when looking to rent in Erskine, MN, you can expect to pay as little as $500.00 or as much as $2,740.00, with the average rent median estimated to be $1,310.00. The good news is that finding an affordable and desirable property to rent in Erskine, 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.

Erskine, MN 56535 Foreclosures


Market Trend for Erskine, MN

Total Listings Available: 0

Market Values:

Home Prices from $22,905 to $2,189,795

Average Sales Price: $386,048

Rental Values:

Rental from $500 to $2,740

Average Rent Value: $1,367 / month

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