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Short Sale Listings in Montevideo, MN

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Montevideo, MN Foreclosures

How much do homes sell for in Montevideo, MN?
The average home price is currently $214,287.
In Montevideo, MN, how many homes are available?
There are currently 6 active home listings available in Montevideo.
What’s the average rental cost in Montevideo, MN?
The average rental price in Montevideo is $1,127.
What is the most expensive home in Montevideo?
The most expensive home sold in Montevideo had a price of $7,468,328.
What is currently the cheapest priced home in Montevideo, MN?
The cheapest home for sale in Montevideo is priced at $11,758.

Living in Montevideo, MN

Montevideo, MN, is a beautiful small city with a rich community spirit and plenty of outdoor activities. With quality schools and friendly neighbors, it is an ideal location for families and individuals seeking a peaceful lifestyle. The surrounding natural beauty enhances the charm of this Midwestern gem.

Current Market Conditions in Montevideo, MN

The real estate market in Montevideo has shown steady growth over the past year, with an increase in demand for single-family homes. Local listings often attract buyers looking for affordable housing options compared to larger urban areas.

Recently, the market has been bolstered by a rise in remote workers seeking serene environments away from bustling cities, further enhancing buyer interest in the region.

Home Value Estimator For Montevideo, MN

There are currently 2,669 real estate properties in Montevideo, MN, with a median automated valuation model (AVM) price of $174,975.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Montevideo, 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 Montevideo, MN, is $214,287.00, with the most expensive house in Montevideo, MN, topping out at $7,468,328.00 and the cheapest home in Montevideo, MN, clocking in at $11,758.00. In other words, there’s something for every potential homebuyer or savvy investor in Montevideo, MN!

Rent Prices In Montevideo, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Montevideo, MN, is on a rollercoaster ride. The average rent price in Montevideo, MN, is $1,127.00. Indeed, when looking to rent in Montevideo, MN, you can expect to pay as little as $450.00 or as much as $2,280.00, with the average rent median estimated to be $1,100.00. The good news is that finding an affordable and desirable property to rent in Montevideo, 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.

Montevideo, MN Short Sale Listings

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