Floodwood, MN Foreclosures
How much do homes sell for in Floodwood, MN?
The average home price is currently $177,393.
In Floodwood, MN, how many homes are available?
There are currently 5 active home listings available in Floodwood.
What’s the average rental cost in Floodwood, MN?
The average rental price in Floodwood is $1,071.
What is the most expensive home in Floodwood?
The most expensive home sold in Floodwood had a price of $667,200.
What is currently the cheapest priced home in Floodwood, MN?
The cheapest home for sale in Floodwood is priced at $10,022.
Living in Floodwood, MN
Floodwood, MN, is a delightful rural community that offers a peaceful lifestyle amidst nature. Known for its outdoor recreational activities and friendly atmosphere, residents enjoy an array of amenities including schools and parks. The town is an ideal choice for those seeking a quiet living environment with a close-knit community vibe.
Current Market Conditions in Floodwood, MN
The real estate market in Floodwood is generally stable, with home prices remaining affordable compared to larger urban areas. The demand for homes reflects the town's appeal as a peaceful retreat for families and retirees, leading to moderate growth in property values.
Recent trends indicate a slight increase in home sales, with more buyers seeking properties in smaller towns like Floodwood. The market is characterized by a mix of single-family homes and rural properties, catering to various buyer preferences.
Home Value Estimator For Floodwood, MN
There are currently 879 real estate properties
in Floodwood, MN,
with a median automated valuation model (AVM) price
of $157,003.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Floodwood, 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 Floodwood, MN,
is $177,393.00, with the most expensive house
in Floodwood, MN, topping out
at $667,200.00 and the cheapest home
in Floodwood, MN,
clocking in at $10,022.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Floodwood, MN!
Rent Prices
In Floodwood, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Floodwood, MN, is on
a rollercoaster ride. The
average rent price in Floodwood, MN,
is $1,071.00. Indeed, when looking to rent in
Floodwood, MN, you can expect to pay as little
as $510.00 or as much
as $2,230.00,
with the average rent median estimated to
be $1,020.00. The good news is that finding
an affordable and desirable property to rent in Floodwood, 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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