Nerstrand, MN Foreclosures
How much do homes sell for in Nerstrand, MN?
The average home price is currently $547,772.
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 $4,444,158.
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 small but vibrant community known for its outdoor beauty and tight-knit community atmosphere. With a population of just a few hundred, residents enjoy a serene lifestyle surrounded by nature, complemented by local amenities and a strong sense of community. It's a perfect spot for those looking to escape the hustle and bustle of larger cities while still having access to essential services.
Current Market Conditions in Nerstrand, MN
The current real estate market in Nerstrand is stable, with a variety of home styles available, ranging from charming historic homes to modern constructions. The demand for property in this serene location remains high due to its peaceful environment and accessibility to nature, resulting in gradual price increases over the past months.
Recent trends indicate a steady interest in Nerstrand real estate, with buyers looking for properties that offer both tranquility and community benefits. The appeal of the surrounding natural amenities has drawn attention to this market, showcasing the area's potential for growth, especially for families and retirees looking for a long-term home.
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 $426,182.00. 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 $547,772.00, with the most expensive house
in Nerstrand, MN, topping out
at $4,444,158.00 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.
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