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Foreclosure Homes in Hamburg, MN 55339

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Hamburg, MN Foreclosures

How much do homes sell for in Hamburg, MN?
The average home price is currently $435,565.
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, Minnesota, is a quaint small town located about 30 miles southwest of Minneapolis. Known for its friendly community atmosphere and picturesque natural surroundings, it offers a peaceful and welcoming environment for families and individuals alike. The town features easy access to recreational outdoor activities and local amenities, making it an attractive place for those looking to escape the hustle and bustle of city life.

Current Market Conditions in Hamburg, MN

The real estate market in Hamburg is steadily growing, with home prices seeing a mild upwards trend, driven by demand for affordable housing options close to the Twin Cities. The small-town charm combined with convenient access to urban amenities makes Hamburg an attractive option for homebuyers looking for value.

The current market is characterized by a low inventory of homes available for sale, which has led to increased competition among buyers, particularly for homes that are well-maintained and in prime locations.

Home Value Estimator For Hamburg, MN

There are currently 368 real estate properties in Hamburg, MN, with a median automated valuation model (AVM) price of $316,953.00. 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 $435,565.00, 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.

Hamburg, MN 55339 Foreclosures

Market Trend for Hamburg, MN

Total Listings Available: 1

Market Values:

Home Prices from $49,518 to $3,770,674

Average Sales Price: $435,565

Rental Values:

Rental from $800 to $2,900

Average Rent Value: $1,601 / month

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