Hamburg, MN Foreclosures
How much do homes sell for in Hamburg, MN?
The average home price is currently $429,355.
In Hamburg, MN, how many homes are available?
There are currently 1 active home listings available in Hamburg.
What’s the average rental cost in Hamburg, MN?
The average rental price in Hamburg is $1,601.
What is the most expensive home in Hamburg?
The most expensive home sold in Hamburg had a price of $3,770,674.
What is currently the cheapest priced home in Hamburg, MN?
The cheapest home for sale in Hamburg is priced at $49,518.
Living in Hamburg, MN
Hamburg, MN, offers a quaint and friendly small-town lifestyle with access to nature and outdoor activities. It's an ideal location for families and professionals alike looking for a peaceful environment while being close to larger urban areas.
Current Market Conditions in Hamburg, MN
The real estate market in Hamburg, MN, has shown stability over the past year with steady demand for homes. Buyers are increasingly attracted to the town's sense of community and proximity to nature. The limited inventory of homes has contributed to a competitive market, with many homes selling quickly, often above asking price.
There is a growing interest among first-time homebuyers and families, which is driving the demand for larger homes with outdoor space. As a result, property values have seen a moderate increase, reflecting the appeal of Hamburg as a suburban retreat.
Home Value Estimator For Hamburg, MN
There are currently 348 real estate properties
in Hamburg, MN,
with a median automated valuation model (AVM) price
of $315,450.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hamburg, 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 Hamburg, MN,
is $429,355.00, with the most expensive house
in Hamburg, MN, topping out
at $3,770,674.00 and the cheapest home
in Hamburg, MN,
clocking in at $49,518.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hamburg, MN!
Rent Prices
In Hamburg, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hamburg, MN, is on
a rollercoaster ride. The
average rent price in Hamburg, MN,
is $1,601.00. Indeed, when looking to rent in
Hamburg, MN, you can expect to pay as little
as $800.00 or as much
as $2,900.00,
with the average rent median estimated to
be $1,490.00. The good news is that finding
an affordable and desirable property to rent in Hamburg, 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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