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City-owned Homes And Land in Ivanhoe, MN

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Ivanhoe, MN Foreclosures

Current Market Conditions in in Ivanhoe, MN As of February 2026?
Over the past month, the Ivanhoe real estate market has seen a slight uptick in activity, driven by an increase in buyer interest. As a result, the average days on the market for homes has decreased, indicating that well-priced properties are being snapped up more quickly. However, inventory levels remain limited, keeping pressures on potential buyers. This shift suggests a competitive market environment as interest rates remain favorable for financing homes, attracting individuals and families to the area.
How much do homes sell for in Ivanhoe, MN?
The average home price is currently $241,058.
In Ivanhoe, MN, how many homes are available?
There are currently 3 active home listings available in Ivanhoe.
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 $1,366,045.
What is currently the cheapest priced home in Ivanhoe, MN?
The cheapest home for sale in Ivanhoe is priced at $29,125.

Living in Ivanhoe, MN

Ivanhoe, MN is a picturesque small town offering a peaceful rural lifestyle. The community provides access to essential amenities and outdoor recreational activities, making it an ideal location for families and nature enthusiasts alike. With its welcoming atmosphere and local events, Ivanhoe captures the essence of small-town America.

Buyer vs Seller Market in Ivanhoe, MN

The Ivanhoe real estate market has shown stable trends over the past few years, with a modest increase in property values due to the area's appeal to families and nature lovers. Homebuyers looking for affordable options will find a range of homes available, from traditional single-family houses to cozy cottages.

Given the town's small size, inventory levels tend to fluctuate more frequently, with homes selling relatively quickly when priced correctly. Buyers are often drawn by the low cost of living, which drives demand for real estate in the area. This makes Ivanhoe an attractive place for both first-time buyers and investors.

Home Value Estimator For Ivanhoe, MN

There are currently 431 real estate properties in Ivanhoe, MN, with a median automated valuation model (AVM) price of $148,477.00. 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 $241,058.00, with the most expensive house in Ivanhoe, MN, topping out at $1,366,045.00 and the cheapest home in Ivanhoe, MN, clocking in at $29,125.00. 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.

Ivanhoe, MN City-owned Homes And Land


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