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Foreclosure Homes in Graceville, MN 56240

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Graceville, MN Foreclosures

Current Market Conditions in in Graceville, MN As of February 2026?
Over the past month, the Graceville real estate market has seen a slight uptick in activity, with a 5% increase in new listings compared to the previous month. This increase is accompanied by a steady number of homes sold, indicating sustained interest in the housing market despite the seasonal slowdown typical in colder months. Buyers are reportedly eager to capitalize on the available inventory before prices potentially rise.
How much do homes sell for in Graceville, MN?
The average home price is currently $188,088.
What’s the average rental cost in Graceville, MN?
The average rental price in Graceville is $993.
What is the most expensive home in Graceville?
The most expensive home sold in Graceville had a price of $1,188,774.
What is currently the cheapest priced home in Graceville, MN?
The cheapest home for sale in Graceville is priced at $20,436.

Living in Graceville, MN

Graceville, MN, is a quaint small town known for its strong community spirit. With various outdoor activities and essential amenities, it presents a peaceful lifestyle away from the hustle and bustle of larger cities. The town's friendly atmosphere is perfect for families and retirees alike.

Buyer vs Seller Market in Graceville, MN

The real estate market in Graceville is currently stable, reflecting a balanced supply and demand dynamic. Homes tend to sell reasonably quickly within the community due to the limited inventory, making it a competitive yet inviting environment for potential buyers.

Investors are beginning to take notice of Graceville's affordable housing market, particularly for rental properties. As people seek more space and affordable living options post-pandemic, demand is starting to grow, providing opportunities for investors looking for long-term rental income.

Home Value Estimator For Graceville, MN

There are currently 329 real estate properties in Graceville, MN, with a median automated valuation model (AVM) price of $158,705.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Graceville, 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 Graceville, MN, is $188,088.00, with the most expensive house in Graceville, MN, topping out at $1,188,774.00 and the cheapest home in Graceville, MN, clocking in at $20,436.00. In other words, there’s something for every potential homebuyer or savvy investor in Graceville, MN!

Rent Prices In Graceville, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Graceville, MN, is on a rollercoaster ride. The average rent price in Graceville, MN, is $993.00. Indeed, when looking to rent in Graceville, MN, you can expect to pay as little as $480.00 or as much as $1,760.00, with the average rent median estimated to be $940.00. The good news is that finding an affordable and desirable property to rent in Graceville, 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.

Graceville, MN 56240 Foreclosures

Market Trend for Graceville, MN

Total Listings Available: 0

Market Values:

Home Prices from $20,436 to $1,188,774

Average Sales Price: $188,088

Rental Values:

Rental from $480 to $1,760

Average Rent Value: $993 / month

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