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Short Sale Listings in Mahnomen, MN

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Mahnomen, MN Foreclosures

How much do homes sell for in Mahnomen, MN?
The average home price is currently $206,179.
In Mahnomen, MN, how many homes are available?
There are currently 1 active home listings available in Mahnomen.
What’s the average rental cost in Mahnomen, MN?
The average rental price in Mahnomen is $1,068.
What is the most expensive home in Mahnomen?
The most expensive home sold in Mahnomen had a price of $1,522,200.
What is currently the cheapest priced home in Mahnomen, MN?
The cheapest home for sale in Mahnomen is priced at $12,469.

Living in Mahnomen, MN

Mahnomen, MN, is a quaint town rich in Native American culture and surrounded by picturesque natural beauty. With its welcoming community, outdoor activities, and local amenities, it offers an ideal lifestyle for families and individuals alike. Join the vibrant community and experience the charm of small-town living.

Current Market Conditions in Mahnomen, MN

The real estate market in Mahnomen has remained stable, with a steady demand for homes amid a backdrop of historical charm and natural beauty. The area draws attention due to its affordability compared to larger metropolitan areas, making it an attractive option for both first-time buyers and investors.

Recently, there has been a noted increase in interest for vacation homes and rental properties, given the locality's appeal as a getaway for those in urban areas. The surrounding lakes and recreational opportunities make it a desirable area for outdoor enthusiasts.

Home Value Estimator For Mahnomen, MN

There are currently 770 real estate properties in Mahnomen, MN, with a median automated valuation model (AVM) price of $150,998.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mahnomen, 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 Mahnomen, MN, is $206,179.00, with the most expensive house in Mahnomen, MN, topping out at $1,522,200.00 and the cheapest home in Mahnomen, MN, clocking in at $12,469.00. In other words, there’s something for every potential homebuyer or savvy investor in Mahnomen, MN!

Rent Prices In Mahnomen, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mahnomen, MN, is on a rollercoaster ride. The average rent price in Mahnomen, MN, is $1,068.00. Indeed, when looking to rent in Mahnomen, MN, you can expect to pay as little as $570.00 or as much as $1,920.00, with the average rent median estimated to be $1,030.00. The good news is that finding an affordable and desirable property to rent in Mahnomen, 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.

Mahnomen, MN Short Sale Listings


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