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Foreclosure Homes in Hector, MN

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Hector, MN Foreclosures

How much do homes sell for in Hector, MN?
The average home price is currently $389,866.
In Hector, MN, how many homes are available?
There are currently 5 active home listings available in Hector.
What’s the average rental cost in Hector, MN?
The average rental price in Hector is $1,073.
What is the most expensive home in Hector?
The most expensive home sold in Hector had a price of $5,100,167.
What is currently the cheapest priced home in Hector, MN?
The cheapest home for sale in Hector is priced at $22,310.

Living in Hector, MN

Hector, Minnesota, a small town located in Renville County, offers a peaceful, family-friendly quality of life with a close-knit community feel. The town features charming homes and local businesses, making it an attractive destination for those seeking a tranquil rural lifestyle. Residents enjoy access to outdoor activities and recreational areas that showcase the beautiful Minnesota landscape.

Current Market Conditions in Hector, MN

Hector's real estate market has shown stability over the past year, with a mix of traditional single-family homes and newer constructions appealing to families and retirees alike. Prices have generally remained affordable, making it an attractive option for first-time homebuyers and those looking for a quiet lifestyle with access to nature.

Currently, the market is favoring buyers slightly, as inventory has increased allowing for various options for potential homeowners.

Home Value Estimator For Hector, MN

There are currently 850 real estate properties in Hector, MN, with a median automated valuation model (AVM) price of $201,259.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hector, 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 Hector, MN, is $389,866.00, with the most expensive house in Hector, MN, topping out at $5,100,167.00 and the cheapest home in Hector, MN, clocking in at $22,310.00. In other words, there’s something for every potential homebuyer or savvy investor in Hector, MN!

Rent Prices In Hector, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hector, MN, is on a rollercoaster ride. The average rent price in Hector, MN, is $1,073.00. Indeed, when looking to rent in Hector, MN, you can expect to pay as little as $580.00 or as much as $2,280.00, with the average rent median estimated to be $1,060.00. The good news is that finding an affordable and desirable property to rent in Hector, 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.

Hector, MN Foreclosures


Market Trend for Hector, MN

Total Listings Available: 5

Market Values:

Home Prices from $22,310 to $5,100,167

Average Sales Price: $389,866

Rental Values:

Rental from $580 to $2,280

Average Rent Value: $1,073 / month

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