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Multi-family Foreclosures in Moorhead, MN

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Moorhead, MN Foreclosures

How much do homes sell for in Moorhead, MN?
The average home price is currently $304,950.
What’s the average rental cost in Moorhead, MN?
The average rental price in Moorhead is $1,424.
What is the most expensive home in Moorhead?
The most expensive home sold in Moorhead had a price of $17,570,848.
What is currently the cheapest priced home in Moorhead, MN?
The cheapest home for sale in Moorhead is priced at $17,023.

Living in Moorhead, MN

Moorhead, MN, is a charming city nestled along the Red River, known for its vibrant community and bustling festival scene. It offers excellent educational institutions, numerous parks, and a rich array of cultural activities that contribute to a high quality of life, making it perfect for families and young professionals.

Current Market Conditions in Moorhead, MN

Moorhead's current real estate market is experiencing a noticeable upswing, primarily driven by an increased demand for homes in safe, community-focused neighborhoods. Buyer interest has grown, leading to a reduction in inventory and a rise in home prices, with many listings receiving multiple offers within days.

The rental market is also tight, with rental rates climbing as the demand continues. Real estate has been seen as a solid investment in this area, showing resilience despite broader market fluctuations.

Home Value Estimator For Moorhead, MN

There are currently 11,960 real estate properties in Moorhead, MN, with a median automated valuation model (AVM) price of $270,255.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Moorhead, 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 Moorhead, MN, is $304,950.00, with the most expensive house in Moorhead, MN, topping out at $17,570,848.00 and the cheapest home in Moorhead, MN, clocking in at $17,023.00. In other words, there’s something for every potential homebuyer or savvy investor in Moorhead, MN!

Rent Prices In Moorhead, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Moorhead, MN, is on a rollercoaster ride. The average rent price in Moorhead, MN, is $1,424.00. Indeed, when looking to rent in Moorhead, MN, you can expect to pay as little as $580.00 or as much as $3,060.00, with the average rent median estimated to be $1,380.00. The good news is that finding an affordable and desirable property to rent in Moorhead, 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.

Moorhead, MN Multi-family Homes

Market Trend for Moorhead, MN

Total Listings Available: 0

Market Values:

Home Prices from $17,023 to $17,570,848

Average Sales Price: $304,950

Rental Values:

Rental from $580 to $3,060

Average Rent Value: $1,424 / month

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