Hewitt, MN Foreclosures
How much do homes sell for in Hewitt, MN?
The average home price is currently $262,941.
What’s the average rental cost in Hewitt, MN?
The average rental price in Hewitt is $1,203.
What is the most expensive home in Hewitt?
The most expensive home sold in Hewitt had a price of $980,862.
What is currently the cheapest priced home in Hewitt, MN?
The cheapest home for sale in Hewitt is priced at $30,647.
Living in Hewitt, MN
Hewitt is a small, charming town in Central Minnesota, offering a tight-knit community atmosphere and a relaxed lifestyle. With its scenic landscapes and proximity to natural resources, residents can enjoy outdoor activities, including fishing and hiking. The town features local amenities and is just a short drive from larger urban centers, providing a perfect blend of rural tranquility and urban convenience.
Current Market Conditions in Hewitt, MN
The real estate market in Hewitt, MN, remains relatively stable and affordable compared to larger urban areas. As of now, demand for homes has been increasing slightly as more people seek quiet, suburban living away from city life. Inventory levels have been fluctuating, which could lead to competitive bidding in the lower price range, particularly among first-time homebuyers looking for affordable options in a family-friendly community.
In recent months, there have been indications of rising home prices due to increased interest in the area from both buyers and investors. The charm of small-town life combined with outdoor recreational opportunities continues to appeal to those looking to relocate, keeping the market active despite a limited number of listings.
Home Value Estimator For Hewitt, MN
There are currently 391 real estate properties
in Hewitt, MN,
with a median automated valuation model (AVM) price
of $202,944.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hewitt, 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 Hewitt, MN,
is $262,941.00, with the most expensive house
in Hewitt, MN, topping out
at $980,862.00 and the cheapest home
in Hewitt, MN,
clocking in at $30,647.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hewitt, MN!
Rent Prices
In Hewitt, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hewitt, MN, is on
a rollercoaster ride. The
average rent price in Hewitt, MN,
is $1,203.00. Indeed, when looking to rent in
Hewitt, MN, you can expect to pay as little
as $570.00 or as much
as $2,060.00,
with the average rent median estimated to
be $1,190.00. The good news is that finding
an affordable and desirable property to rent in Hewitt, 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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