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Foreclosure Homes in Nerstrand, MN 55053

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Nerstrand, MN Foreclosures

How much do homes sell for in Nerstrand, MN?
The average home price is currently $525,254.
In Nerstrand, MN, how many homes are available?
There are currently 3 active home listings available in Nerstrand.
What’s the average rental cost in Nerstrand, MN?
The average rental price in Nerstrand is $1,790.
What is the most expensive home in Nerstrand?
The most expensive home sold in Nerstrand had a price of $4,228,026.
What is currently the cheapest priced home in Nerstrand, MN?
The cheapest home for sale in Nerstrand is priced at $25,361.

Living in Nerstrand, MN

Nerstrand, MN, is a quaint community known for its natural beauty and friendly atmosphere. With access to parks, local amenities, and quality education options, it's an ideal place for families and nature lovers. The close-knit community offers a peaceful lifestyle with recreational activities right at your doorstep.

Current Market Conditions in Nerstrand, MN

The real estate market in Nerstrand is stable, showing moderate growth over recent years. Homes here tend to sell relatively quickly, reflecting a strong demand for properties in this attractive area. Prices have been increasing, but they remain affordable compared to nearby urban centers.

Investors can expect a favorable market with opportunities for rental properties, as many individuals are seeking peaceful living environments outside major cities. With the ongoing development of local amenities and the strong appeal of the surrounding natural landscapes, the trend suggests further appreciation in property values.

Home Value Estimator For Nerstrand, MN

There are currently 354 real estate properties in Nerstrand, MN, with a median automated valuation model (AVM) price of $406,534.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Nerstrand, 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 Nerstrand, MN, is $525,254.00, with the most expensive house in Nerstrand, MN, topping out at $4,228,026.00 and the cheapest home in Nerstrand, MN, clocking in at $25,361.00. In other words, there’s something for every potential homebuyer or savvy investor in Nerstrand, MN!

Rent Prices In Nerstrand, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Nerstrand, MN, is on a rollercoaster ride. The average rent price in Nerstrand, MN, is $1,790.00. Indeed, when looking to rent in Nerstrand, MN, you can expect to pay as little as $910.00 or as much as $3,900.00, with the average rent median estimated to be $1,700.00. The good news is that finding an affordable and desirable property to rent in Nerstrand, 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.

Nerstrand, MN 55053 Foreclosures


Market Trend for Nerstrand, MN

Total Listings Available: 3

Market Values:

Home Prices from $25,361 to $4,228,026

Average Sales Price: $525,254

Rental Values:

Rental from $910 to $3,900

Average Rent Value: $1,790 / month

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