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Foreclosure Homes in Grand Rapids, MN 55744

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Grand Rapids, MN Foreclosures

Current Market Conditions in in Grand Rapids, MN As of February 2026?
This past month, Grand Rapids' real estate market has seen a slight increase in home sales, signaling a growing interest from potential buyers. The average home price has stabilized, showing minimal fluctuation. Many homes are receiving multiple offers, with properties near lakes and parks being the most sought after. As Spring approaches, the market is expected to become even more active, providing opportunities for both buyers and sellers.
How much do homes sell for in Grand Rapids, MN?
The average home price is currently $344,651.
In Grand Rapids, MN, how many homes are available?
There are currently 23 active home listings available in Grand Rapids.
What’s the average rental cost in Grand Rapids, MN?
The average rental price in Grand Rapids is $1,447.
What is the most expensive home in Grand Rapids?
The most expensive home sold in Grand Rapids had a price of $42,696,736.
What is currently the cheapest priced home in Grand Rapids, MN?
The cheapest home for sale in Grand Rapids is priced at $11,145.

Living in Grand Rapids, MN

Grand Rapids, MN, is a picturesque city known for its stunning lakes, outdoor activities, and a warm sense of community. With various amenities, parks, and quality schools, it offers a perfect blend of small-town charm and modern conveniences. The city is ideal for nature lovers and families alike.

Buyer vs Seller Market in Grand Rapids, MN

Grand Rapids has a moderately competitive real estate market, making it a favorable area for both buyers and sellers. The demand for homes has been stable, with increased interest in properties near natural attractions and recreational facilities. Investors are also showing keen interest due to the city's growth potential and the appealing lifestyle it offers.

In recent months, there has been noticeable development in the housing market, with new constructions and renovations becoming more common as the area attracts new residents who appreciate its natural beauty.

Home Value Estimator For Grand Rapids, MN

There are currently 8,560 real estate properties in Grand Rapids, MN, with a median automated valuation model (AVM) price of $274,533.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Grand Rapids, 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 Grand Rapids, MN, is $344,651.00, with the most expensive house in Grand Rapids, MN, topping out at $42,696,736.00 and the cheapest home in Grand Rapids, MN, clocking in at $11,145.00. In other words, there’s something for every potential homebuyer or savvy investor in Grand Rapids, MN!

Rent Prices In Grand Rapids, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Grand Rapids, MN, is on a rollercoaster ride. The average rent price in Grand Rapids, MN, is $1,447.00. Indeed, when looking to rent in Grand Rapids, MN, you can expect to pay as little as $570.00 or as much as $3,050.00, with the average rent median estimated to be $1,420.00. The good news is that finding an affordable and desirable property to rent in Grand Rapids, 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.

Grand Rapids, MN 55744 Foreclosures

Market Trend for Grand Rapids, MN

Total Listings Available: 23

Market Values:

Home Prices from $11,145 to $42,696,736

Average Sales Price: $344,651

Rental Values:

Rental from $570 to $3,050

Average Rent Value: $1,447 / month

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