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Preforeclosure 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 $388,009.
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 $3,944,370.
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, is a charming small town located in Renville County, known for its friendly community and peaceful atmosphere. With a population of around 1,200 residents, this town offers a quaint lifestyle with a rich agricultural history. Hector is a tight-knit community with local events, parks, and recreational activities that foster a welcoming environment for families and newcomers alike.

Current Market Conditions in Hector, MN

The real estate market in Hector remains stable, with a mix of single-family homes and rental units available at reasonable prices relative to larger urban areas. The community's agricultural backdrop supports a steady demand for housing as new families and retirees look for a peaceful place to live. Recent trends show slight increases in home values, driven by limited inventory and an influx of interest from individuals looking to escape urban living.

Home Value Estimator For Hector, MN

There are currently 798 real estate properties in Hector, MN, with a median automated valuation model (AVM) price of $200,740.00. 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 $388,009.00, with the most expensive house in Hector, MN, topping out at $3,944,370.00 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 Preforeclosure Homes


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