Hendrum, MN Foreclosures
Current Market Conditions in in Hendrum, MN As of April 2026?
In the past month, Hendrumn's real estate market has seen a slight uptick in activity, with a few new listings coming onto the market. Buyers are increasingly interested, which has sparked discussions about a potential increase in home prices. However, the overall market dynamics remain steady, with most properties still receiving multiple offers due to the limited supply.
How much do homes sell for in Hendrum, MN?
The average home price is currently $177,153.
In Hendrum, MN, how many homes are available?
There are currently 1 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 $772,477.
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, MN, is a quaint rural town that offers a serene lifestyle surrounded by nature. With a strong sense of community, it features essential amenities, local schools, and parks for recreational activities. This charming area is perfect for families and individuals looking for a peaceful place to call home.
Buyer vs Seller Market in Hendrum, MN
Currently, the real estate market in Hendrumn is stable, marked by a modest demand for homes due to its attractive rural setting. New listings are becoming available, but the inventory levels are relatively low, maintaining consistent home prices. Many buyers are drawn to Hendrumn for its affordability compared to urban areas, leading to persistent interest in properties within the town.
As more people seek the tranquility of country living, the market in Hendrumn shows signs of gradual appreciation in property values, particularly for well-maintained homes with land. This trend is likely to continue as the area appeals to both families and retirees looking to escape busy city life.
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 $154,966.00. 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 $177,153.00, with the most expensive house
in Hendrum, MN, topping out
at $772,477.00 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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