Ivanhoe, MN Foreclosures
How much do homes sell for in Ivanhoe, MN?
The average home price is currently $147,936.
What’s the average rental cost in Ivanhoe, MN?
The average rental price in Ivanhoe is $1,039.
What is the most expensive home in Ivanhoe?
The most expensive home sold in Ivanhoe had a price of $664,143.
What is currently the cheapest priced home in Ivanhoe, MN?
The cheapest home for sale in Ivanhoe is priced at $36,073.
Living in Ivanhoe, MN
Ivanhoe, Minnesota is a quaint rural town known for its strong community spirit and agricultural roots. With picturesque landscapes and access to outdoor activities, it's a peaceful retreat from urban life. The area is serviced by the Lake Benton School District, offering quality education for families looking to settle down.
Current Market Conditions in Ivanhoe, MN
The real estate market in Ivanhoe is stable with a modest number of listings, making it attractive for first-time homebuyers and families looking for affordable housing. Prices are generally lower than in larger neighboring towns, providing a great opportunity for those looking to invest in a tight-knit community.
Trend data suggests an uptick in interest in rural properties, as many seek more space and a quieter lifestyle post-pandemic, which has begun to influence home prices slightly upward.
Home Value Estimator For Ivanhoe, MN
There are currently 284 real estate properties
in Ivanhoe, MN,
with a median automated valuation model (AVM) price
of $121,985.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ivanhoe, 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 Ivanhoe, MN,
is $147,936.00, with the most expensive house
in Ivanhoe, MN, topping out
at $664,143.00 and the cheapest home
in Ivanhoe, MN,
clocking in at $36,073.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ivanhoe, MN!
Rent Prices
In Ivanhoe, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ivanhoe, MN, is on
a rollercoaster ride. The
average rent price in Ivanhoe, MN,
is $1,039.00. Indeed, when looking to rent in
Ivanhoe, MN, you can expect to pay as little
as $570.00 or as much
as $1,880.00,
with the average rent median estimated to
be $1,000.00. The good news is that finding
an affordable and desirable property to rent in Ivanhoe, 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.