Hendrum, MN Foreclosures
Current Market Conditions in in Hendrum, MN As of February 2026?
Over the past month, the Hendrum real estate market has remained stable with minimal fluctuations in pricing. Homes have been selling relatively quickly, reflecting a healthy demand for properties in this rural haven. The average days on market for homes has decreased, suggesting buyers are actively searching for properties that meet their needs.
How much do homes sell for in Hendrum, MN?
The average home price is currently $181,571.
In Hendrum, MN, how many homes are available?
There are currently 7 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 $762,550.
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
Hendrum, MN, is a quaint small town located in Marshall County, renowned for its serene environment and friendly community. With a variety of outdoor activities and local amenities, it offers a peaceful lifestyle that suits families and retirees alike. Easy access to larger towns ensures residents can enjoy both the tranquility of rural living and the benefits of nearby urban conveniences.
Buyer vs Seller Market in Hendrum, MN
The real estate market in Hendrum, MN is characterized by its affordability and charm. The current market has shown stability with a modest increase in home values over the past year, attracting homebuyers looking for a serene environment without the high costs associated with urban areas.
In recent months, the town has seen a slight uptick in buyer interest, particularly among families and individuals seeking quieter living conditions. Inventory remains low, creating a competitive market for homes, indicating that prospective homeowners should act quickly when quality listings become available.
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 $158,093.00. 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 $181,571.00, with the most expensive house
in Hendrum, MN, topping out
at $762,550.00 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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