Hendrum, MN Foreclosures
How much do homes sell for in Hendrum, MN?
The average home price is currently $180,763.
In Hendrum, MN, how many homes are available?
There are currently 8 active home listings available in Hendrum.
What’s the average rental cost in Hendrum, MN?
The average rental price in Hendrum is $1,081.
What is the most expensive home in Hendrum?
The most expensive home sold in Hendrum had a price of $689,272.
What is currently the cheapest priced home in Hendrum, MN?
The cheapest home for sale in Hendrum is priced at $12,586.
Living in Hendrum, MN
Hendrumn, located in the heart of Minnesota, is a charming small town known for its welcoming community and outdoor recreational opportunities. This area is ideal for those who appreciate a tranquil lifestyle while still being within reach of larger urban centers. With its friendly atmosphere and local amenities, Hendrumn offers a unique blend of rural living and convenient access to essential services and leisure activities.
Current Market Conditions in Hendrum, MN
The current real estate market in Hendrumn shows a balanced environment with steady demand. The area has maintained a consistent price trend, supported by the popularity of small-town living and the quality of local amenities. With a modest turnover of properties, buyers are encouraged to act quickly when homes come on the market.
Recently, there has been an uptick in interest for homes in this area, particularly among young families and retirees looking for a peaceful place to settle. This trend is expected to continue, with demand pushing prices slightly higher in the coming months.
Home Value Estimator For Hendrum, MN
There are currently 143 real estate properties
in Hendrum, MN,
with a median automated valuation model (AVM) price
of $160,298.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hendrum, 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 Hendrum, MN,
is $180,763.00, with the most expensive house
in Hendrum, MN, topping out
at $689,272.00 and the cheapest home
in Hendrum, MN,
clocking in at $12,586.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hendrum, MN!
Rent Prices
In Hendrum, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hendrum, MN, is on
a rollercoaster ride. The
average rent price in Hendrum, MN,
is $1,081.00. Indeed, when looking to rent in
Hendrum, MN, you can expect to pay as little
as $690.00 or as much
as $1,990.00,
with the average rent median estimated to
be $1,050.00. The good news is that finding
an affordable and desirable property to rent in Hendrum, 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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