Odessa, MN Foreclosures
How much do homes sell for in Odessa, MN?
The average home price is currently $142,144.
In Odessa, MN, how many homes are available?
There are currently 2 active home listings available in Odessa.
What’s the average rental cost in Odessa, MN?
The average rental price in Odessa is $967.
What is the most expensive home in Odessa?
The most expensive home sold in Odessa had a price of $429,000.
What is currently the cheapest priced home in Odessa, MN?
The cheapest home for sale in Odessa is priced at $47,175.
Living in Odessa, MN
Odessa, MN, is a charming rural community known for its peaceful environment and friendly atmosphere. Perfect for those seeking a slower pace of life, this small town offers basic amenities while surrounded by beautiful farmland. Residents enjoy a close-knit community and access to outdoor activities in nature.
Current Market Conditions in Odessa, MN
The current real estate market in Odessa is stable, with home prices reflecting the area’s rural nature. Despite having fewer transaction volumes, homes are still in demand, primarily among local buyers and those looking to relocate for a quieter lifestyle. The average days on the market for homes are moderate, which indicates a healthy turnover of properties.
In recent months, there has been a slight uptick in interest in rural properties as more people seek affordable housing options outside of larger metropolitan areas. Odessa has seen a mix of new builds and older homes being renovated, contributing to the community’s growth.
Home Value Estimator For Odessa, MN
There are currently 102 real estate properties
in Odessa, MN,
with a median automated valuation model (AVM) price
of $116,216.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Odessa, 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 Odessa, MN,
is $142,144.00, with the most expensive house
in Odessa, MN, topping out
at $429,000.00 and the cheapest home
in Odessa, MN,
clocking in at $47,175.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Odessa, MN!
Rent Prices
In Odessa, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Odessa, MN, is on
a rollercoaster ride. The
average rent price in Odessa, MN,
is $967.00. Indeed, when looking to rent in
Odessa, MN, you can expect to pay as little
as $570.00 or as much
as $1,720.00,
with the average rent median estimated to
be $920.00. The good news is that finding
an affordable and desirable property to rent in Odessa, 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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