Kerrick, MN Foreclosures
How much do homes sell for in Kerrick, MN?
The average home price is currently $240,694.
In Kerrick, MN, how many homes are available?
There are currently 1 active home listings available in Kerrick.
What’s the average rental cost in Kerrick, MN?
The average rental price in Kerrick is $1,246.
What is the most expensive home in Kerrick?
The most expensive home sold in Kerrick had a price of $1,180,565.
What is currently the cheapest priced home in Kerrick, MN?
The cheapest home for sale in Kerrick is priced at $16,687.
Living in Kerrick, MN
Kerrick, Minnesota is a peaceful and picturesque small town offering a rural lifestyle surrounded by nature. Residents enjoy a tight-knit community and easy access to outdoor activities such as hiking and fishing. With a welcoming atmosphere and essential amenities nearby, Kerrick is the perfect place for those seeking tranquility and natural beauty.
Current Market Conditions in Kerrick, MN
The real estate market in Kerrick remains relatively stable, primarily driven by demand for homes in rural, tranquil areas. Even with its remote location, buyers show strong interest in properties due to the appeal of living surrounded by nature. Prices vary depending on property size and proximity to amenities, but overall, the market presents moderate opportunities for investment in this serene location.
Current trends indicate an influx of buyers seeking vacation homes or retirement properties. The desire for larger plots of land and homes closer to recreational activities, like lakes and parks, is increasing. This trend may lead to a gradual rise in home values as more people recognize the unique offerings of Kerrick.
Home Value Estimator For Kerrick, MN
There are currently 366 real estate properties
in Kerrick, MN,
with a median automated valuation model (AVM) price
of $201,100.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Kerrick, 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 Kerrick, MN,
is $240,694.00, with the most expensive house
in Kerrick, MN, topping out
at $1,180,565.00 and the cheapest home
in Kerrick, MN,
clocking in at $16,687.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Kerrick, MN!
Rent Prices
In Kerrick, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Kerrick, MN, is on
a rollercoaster ride. The
average rent price in Kerrick, MN,
is $1,246.00. Indeed, when looking to rent in
Kerrick, MN, you can expect to pay as little
as $680.00 or as much
as $2,760.00,
with the average rent median estimated to
be $1,200.00. The good news is that finding
an affordable and desirable property to rent in Kerrick, 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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