Hammond, MN Foreclosures
How much do homes sell for in Hammond, MN?
The average home price is currently $211,703.
In Hammond, MN, how many homes are available?
There are currently 1 active home listings available in Hammond.
What’s the average rental cost in Hammond, MN?
The average rental price in Hammond is $1,365.
What is the most expensive home in Hammond?
The most expensive home sold in Hammond had a price of $485,744.
What is currently the cheapest priced home in Hammond, MN?
The cheapest home for sale in Hammond is priced at $99,000.
Living in Hammond, MN
Hammond, MN is a picturesque small town that offers a friendly atmosphere and beautiful natural surroundings. With local amenities and parks, it is perfect for families and outdoor enthusiasts alike. The community is tight-knit, fostering a sense of connection among its residents.
Current Market Conditions in Hammond, MN
The real estate market in Hammond, MN is currently experiencing steady growth with increasing demand for homes. Prices have been rising slowly but steadily as buyers are attracted to the town's tranquil lifestyle and picturesque surroundings. Homes that are well-maintained are selling quickly, often above asking price.
With the ongoing trends of remote work, many individuals and families are considering moving out of larger cities and into smaller communities like Hammond, where they can benefit from a high quality of life and lower housing costs. This trend has created a competitive market, with limited inventory making it a seller's market.
Home Value Estimator For Hammond, MN
There are currently 62 real estate properties
in Hammond, MN,
with a median automated valuation model (AVM) price
of $188,231.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hammond, 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 Hammond, MN,
is $211,703.00, with the most expensive house
in Hammond, MN, topping out
at $485,744.00 and the cheapest home
in Hammond, MN,
clocking in at $99,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hammond, MN!
Rent Prices
In Hammond, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hammond, MN, is on
a rollercoaster ride. The
average rent price in Hammond, MN,
is $1,365.00. Indeed, when looking to rent in
Hammond, MN, you can expect to pay as little
as $760.00 or as much
as $2,010.00,
with the average rent median estimated to
be $1,340.00. The good news is that finding
an affordable and desirable property to rent in Hammond, 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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