Nicollet, MN Foreclosures
Current Market Conditions in in Nicollet, MN As of January 2026?
Over the past month, the Nicollet real estate market has shown signs of increased interest, with a rise in inquiries from potential buyers. Listings have had a longer average time on the market, indicating that while demand is there, buyers are taking their time to find the right home. However, the overall pricing structure remains consistent, with few price reductions, suggesting that sellers maintain a strong position in negotiations. The rental market has also seen stability with strong demand, indicating the area's attractiveness for various demographics.
How much do homes sell for in Nicollet, MN?
The average home price is currently $451,241.
What’s the average rental cost in Nicollet, MN?
The average rental price in Nicollet is $1,668.
What is the most expensive home in Nicollet?
The most expensive home sold in Nicollet had a price of $3,848,224.
What is currently the cheapest priced home in Nicollet, MN?
The cheapest home for sale in Nicollet is priced at $34,214.
Living in Nicollet, MN
Nicollet, MN, is a charming small town that offers a close-knit community experience and beautiful natural surroundings. With various local amenities and easy access to larger cities, it stands out as an attractive location for families and individuals alike. Outdoor enthusiasts will particularly enjoy the recreational activities available in the area.
Buyer vs Seller Market in Nicollet, MN
The current real estate market in Nicollet, MN, is characterized by steady growth and a limited inventory of homes for sale. Prices have remained relatively stable, attracting first-time homebuyers and those looking for affordable housing options. The demand for homes has been increasing slightly, making it a competitive market for buyers, particularly for well-maintained properties.
Recently, Nicollet has seen an uptick in interest from individuals relocating from larger urban areas, drawn by its affordability and quality of life. This trend is likely to continue, creating opportunities for both buyers and investors looking to enter a growing market.
Home Value Estimator For Nicollet, MN
There are currently 772 real estate properties
in Nicollet, MN,
with a median automated valuation model (AVM) price
of $308,901.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Nicollet, 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 Nicollet, MN,
is $451,241.00, with the most expensive house
in Nicollet, MN, topping out
at $3,848,224.00 and the cheapest home
in Nicollet, MN,
clocking in at $34,214.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Nicollet, MN!
Rent Prices
In Nicollet, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Nicollet, MN, is on
a rollercoaster ride. The
average rent price in Nicollet, MN,
is $1,668.00. Indeed, when looking to rent in
Nicollet, MN, you can expect to pay as little
as $770.00 or as much
as $3,200.00,
with the average rent median estimated to
be $1,590.00. The good news is that finding
an affordable and desirable property to rent in Nicollet, 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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