Hammond, MN Foreclosures
How much do homes sell for in Hammond, MN?
The average home price is currently $202,012.
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 $1,364.
What is the most expensive home in Hammond?
The most expensive home sold in Hammond had a price of $449,365.
What is currently the cheapest priced home in Hammond, MN?
The cheapest home for sale in Hammond is priced at $81,293.
Living in Hammond, MN
Hammond, MN is a charming rural community that offers a tranquil lifestyle with close-knit relationships among residents. The town boasts beautiful scenery and provides various outdoor recreational activities. Its proximity to larger urban centers combines convenience with the charm of small-town living.
Current Market Conditions in Hammond, MN
The real estate market in Hammond, MN is characterized by a steady demand for homes, particularly among families and retirees seeking a peaceful environment. Properties in the area tend to have a favorable price-to-value ratio, making it an attractive option for investors looking to capitalize on affordable housing opportunities.
Current trends indicate that the local real estate market is gaining attention due to its affordability and quality of life. With a stable job market in nearby cities and the continuing appeal of rural living, Hammond is poised for potential appreciation, offering investors a chance to secure properties with good long-term value.
Home Value Estimator For Hammond, MN
There are currently 61 real estate properties
in Hammond, MN,
with a median automated valuation model (AVM) price
of $179,574.00. 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 $202,012.00, with the most expensive house
in Hammond, MN, topping out
at $449,365.00 and the cheapest home
in Hammond, MN,
clocking in at $81,293.00. 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 $1,364.00. 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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