Northome, MN Foreclosures
How much do homes sell for in Northome, MN?
The average home price is currently $200,443.
In Northome, MN, how many homes are available?
There are currently 1 active home listings available in Northome.
What’s the average rental cost in Northome, MN?
The average rental price in Northome is $1,084.
What is the most expensive home in Northome?
The most expensive home sold in Northome had a price of $1,341,500.
What is currently the cheapest priced home in Northome, MN?
The cheapest home for sale in Northome is priced at $22,200.
Living in Northome, MN
Northome, MN is a picturesque small town in Koochiching County, known for its friendly atmosphere and outdoor lifestyle. Residents have easy access to various recreational activities such as fishing and hiking in nearby lakes and forests. The community vibe, combined with the stunning natural surroundings, makes Northome an idyllic place to live.
Current Market Conditions in Northome, MN
The real estate market in Northome remains stable, characterized by a variety of affordable properties appealing to both new buyers and retirees. The demand for homes has seen a modest increase as more individuals seek out quieter, rural living, particularly in the wake of widespread remote work trends.
While inventory levels are low, the opportunity for investment remains strong, especially for those looking for vacation or second homes that take advantage of the area's natural beauty, including access to lakes and outdoor recreation.
Home Value Estimator For Northome, MN
There are currently 690 real estate properties
in Northome, MN,
with a median automated valuation model (AVM) price
of $178,980.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Northome, 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 Northome, MN,
is $200,443.00, with the most expensive house
in Northome, MN, topping out
at $1,341,500.00 and the cheapest home
in Northome, MN,
clocking in at $22,200.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Northome, MN!
Rent Prices
In Northome, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Northome, MN, is on
a rollercoaster ride. The
average rent price in Northome, MN,
is $1,084.00. Indeed, when looking to rent in
Northome, MN, you can expect to pay as little
as $600.00 or as much
as $2,260.00,
with the average rent median estimated to
be $1,030.00. The good news is that finding
an affordable and desirable property to rent in Northome, 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.
Learn more on Foreclosure homes
