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Foreclosure Homes in Hibbing, MN 55746

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Hibbing, MN Foreclosures

How much do homes sell for in Hibbing, MN?
The average home price is currently $183,262.
In Hibbing, MN, how many homes are available?
There are currently 36 active home listings available in Hibbing.
What’s the average rental cost in Hibbing, MN?
The average rental price in Hibbing is $1,062.
What is the most expensive home in Hibbing?
The most expensive home sold in Hibbing had a price of $2,456,832.
What is currently the cheapest priced home in Hibbing, MN?
The cheapest home for sale in Hibbing is priced at $13,443.

Living in Hibbing, MN

Hibbing, MN is a small town with a rich history and tight-knit community. Its scenic outdoor spaces offer ample opportunities for recreation throughout the year. With a lively arts scene and accessible amenities, Hibbing is ideal for families and those seeking a peaceful lifestyle.

Current Market Conditions in Hibbing, MN

The real estate market in Hibbing is currently favorable for investors, with property prices remaining relatively stable. As demand for affordable housing rises, many properties are seeing a trend towards renovation and modernization, enhancing overall property values.

With a growing interest in the area due to its historic significance and affordability, investors can find solid opportunities in both residential and commercial properties. Many homes are being purchased for rental purposes, as the rental market has strengthened in recent years.

Home Value Estimator For Hibbing, MN

There are currently 7,239 real estate properties in Hibbing, MN, with a median automated valuation model (AVM) price of $158,311.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hibbing, 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 Hibbing, MN, is $183,262.00, with the most expensive house in Hibbing, MN, topping out at $2,456,832.00 and the cheapest home in Hibbing, MN, clocking in at $13,443.00. In other words, there’s something for every potential homebuyer or savvy investor in Hibbing, MN!

Rent Prices In Hibbing, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hibbing, MN, is on a rollercoaster ride. The average rent price in Hibbing, MN, is $1,062.00. Indeed, when looking to rent in Hibbing, MN, you can expect to pay as little as $440.00 or as much as $2,420.00, with the average rent median estimated to be $1,040.00. The good news is that finding an affordable and desirable property to rent in Hibbing, 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.

Hibbing, MN 55746 Foreclosures


Market Trend for Hibbing, MN

Total Listings Available: 36

Market Values:

Home Prices from $13,443 to $2,456,832

Average Sales Price: $183,262

Rental Values:

Rental from $440 to $2,420

Average Rent Value: $1,062 / month

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