Hendricks, MN Foreclosures
How much do homes sell for in Hendricks, MN?
The average home price is currently $193,821.
In Hendricks, MN, how many homes are available?
There are currently 1 active home listings available in Hendricks.
What’s the average rental cost in Hendricks, MN?
The average rental price in Hendricks is $1,172.
What is the most expensive home in Hendricks?
The most expensive home sold in Hendricks had a price of $1,007,427.
What is currently the cheapest priced home in Hendricks, MN?
The cheapest home for sale in Hendricks is priced at $23,342.
Living in Hendricks, MN
Hendricks is a small town located in the southwestern region of Minnesota, offering a unique blend of rural charm and community spirit. Known for its beautiful landscapes and friendly atmosphere, residents enjoy a slower pace of life with ample access to outdoor recreational activities. Local amenities, including grocery stores, parks, and schools, provide convenience for families and individuals alike.
Current Market Conditions in Hendricks, MN
The real estate market in Hendricks, MN is currently observing a steady demand for housing, particularly among first-time buyers drawn to the area’s affordability and tight-knit community. Properties are generally priced lower than larger urban centers, making it an attractive option for those seeking value in their home purchase. Listings typically move at a moderate pace, emphasizing the need for buyers to act promptly when a suitable home comes on the market.
Recently, the market has seen an uptick in interest as people look to escape congested urban settings for the calm of rural life. This shift has initiated some competitive bidding in certain segments, particularly for well-maintained homes with desirable amenities.
Home Value Estimator For Hendricks, MN
There are currently 369 real estate properties
in Hendricks, MN,
with a median automated valuation model (AVM) price
of $152,840.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hendricks, 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 Hendricks, MN,
is $193,821.00, with the most expensive house
in Hendricks, MN, topping out
at $1,007,427.00 and the cheapest home
in Hendricks, MN,
clocking in at $23,342.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hendricks, MN!
Rent Prices
In Hendricks, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hendricks, MN, is on
a rollercoaster ride. The
average rent price in Hendricks, MN,
is $1,172.00. Indeed, when looking to rent in
Hendricks, MN, you can expect to pay as little
as $570.00 or as much
as $1,920.00,
with the average rent median estimated to
be $1,140.00. The good news is that finding
an affordable and desirable property to rent in Hendricks, 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.