Floodwood, MN Foreclosures
How much do homes sell for in Floodwood, MN?
The average home price is currently $183,075.
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 $1,072.
What is the most expensive home in Floodwood?
The most expensive home sold in Floodwood had a price of $656,000.
What is currently the cheapest priced home in Floodwood, MN?
The cheapest home for sale in Floodwood is priced at $17,891.
Living in Floodwood, MN
Floodwood, located in Minnesota, is a small, quaint town that offers a serene rural lifestyle surrounded by the natural beauty of forests and lakes. With a friendly community atmosphere, it’s a perfect place for those who appreciate the outdoors and a slower pace of life. The town has essential amenities and easy access to recreational activities such as fishing, hiking, and snowmobiling.
Current Market Conditions in Floodwood, MN
The real estate market in Floodwood has shown signs of stability, with steady demand for affordable housing. The small-town appeal attracts buyers looking for a quieter lifestyle away from the hustle and bustle of city living. Over the past year, home prices have witnessed a modest increase, indicating growing interest in the area.
Investors and homebuyers alike have taken notice of Floodwood's potential, given its beautiful environment and community-driven atmosphere. Properties here are still considered relatively affordable compared to larger urban areas, which keeps the market competitive.
Home Value Estimator For Floodwood, MN
There are currently 874 real estate properties
in Floodwood, MN,
with a median automated valuation model (AVM) price
of $164,362.00. 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 $183,075.00, with the most expensive house
in Floodwood, MN, topping out
at $656,000.00 and the cheapest home
in Floodwood, MN,
clocking in at $17,891.00. 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 $1,072.00. 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.
Learn more on Foreclosure homes
