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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 $554,072.
In Nerstrand, MN, how many homes are available?
There are currently 2 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 $4,628,299.
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 is a small, charming town located in Rice County, Minnesota. Known for its natural beauty and quiet lifestyle, the community is situated near the scenic Nerstrand Big Woods State Park, offering plenty of outdoor activities. Residents enjoy a close-knit community atmosphere with easy access to nearby amenities in surrounding cities.

Current Market Conditions in Nerstrand, MN

The real estate market in Nerstrand remains stable, with a slight increase in demand for homes, particularly from families and individuals seeking a serene environment. The town's affordability compared to larger cities nearby makes it an attractive option for homebuyers.

Prices in this area tend to be lower than the Minnesota state average, providing excellent value for buyers looking for larger properties with more land. With the slower pace of life, homes here often attract those who value tranquility and nature.

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 $428,129.00. 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 $554,072.00, with the most expensive house in Nerstrand, MN, topping out at $4,628,299.00 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: 2

Market Values:

Home Prices from $25,361 to $4,628,299

Average Sales Price: $554,072

Rental Values:

Rental from $910 to $3,900

Average Rent Value: $1,790 / month

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