Hammond, MN Foreclosures
How much do homes sell for in Hammond, MN?
The average home price is currently $208,094.
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 $467,179.
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 charming small town known for its serene rural lifestyle and strong sense of community. Residents enjoy a peaceful environment with access to plenty of outdoor activities and local amenities. With friendly neighbors and a slower pace of life, Hammond is ideal for families and those seeking a quiet place to call home.
Current Market Conditions in Hammond, MN
The real estate market in Hammond, MN is currently experiencing a modest growth trend, with an increase in demand for homes as more buyers are looking for spacious properties outside of urban areas. Many properties are competitively priced compared to larger cities, making Hammond an attractive option for first-time home buyers and families.
Recently, homeowners are noticing a rise in property values due to ongoing interest in rural living and the scenic nature surrounding Hammond. New developments are also seen, helping to boost the local economy and real estate market further.
Home Value Estimator For Hammond, MN
There are currently 64 real estate properties
in Hammond, MN,
with a median automated valuation model (AVM) price
of $172,607.00. 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 $208,094.00, with the most expensive house
in Hammond, MN, topping out
at $467,179.00 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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