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Foreclosure Homes in Ogema, MN 56569

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Ogema, MN Foreclosures

How much do homes sell for in Ogema, MN?
The average home price is currently $351,552.
In Ogema, MN, how many homes are available?
There are currently 2 active home listings available in Ogema.
What’s the average rental cost in Ogema, MN?
The average rental price in Ogema is $1,401.
What is the most expensive home in Ogema?
The most expensive home sold in Ogema had a price of $1,818,080.
What is currently the cheapest priced home in Ogema, MN?
The cheapest home for sale in Ogema is priced at $43,074.

Living in Ogema, MN

Ogema is a small, close-knit community located in Becker County, Minnesota. Known for its peaceful atmosphere and scenic surroundings, Ogema offers residents a tranquil countryside lifestyle. The town is rich in natural beauty, featuring lush forests and nearby lakes, making it an ideal spot for outdoor activities such as fishing, hiking, and camping.

Current Market Conditions in Ogema, MN

The real estate market in Ogema, MN is currently favoring buyers, with a steady increase in property listings over the last few months. This has created more opportunities for potential homeowners to find affordable housing options in the area. The community's low cost of living, combined with its natural beauty, makes it a desirable location for those looking to escape the hustle and bustle of city life.

Current trends indicate a growing interest in rural properties, particularly among families and retirees looking for a peaceful retreat. As remote work becomes more common, Ogema is seeing an influx of new residents seeking a change of pace.

Home Value Estimator For Ogema, MN

There are currently 599 real estate properties in Ogema, MN, with a median automated valuation model (AVM) price of $305,466.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ogema, 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 Ogema, MN, is $351,552.00, with the most expensive house in Ogema, MN, topping out at $1,818,080.00 and the cheapest home in Ogema, MN, clocking in at $43,074.00. In other words, there’s something for every potential homebuyer or savvy investor in Ogema, MN!

Rent Prices In Ogema, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ogema, MN, is on a rollercoaster ride. The average rent price in Ogema, MN, is $1,401.00. Indeed, when looking to rent in Ogema, MN, you can expect to pay as little as $570.00 or as much as $2,380.00, with the average rent median estimated to be $1,380.00. The good news is that finding an affordable and desirable property to rent in Ogema, 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.

Ogema, MN 56569 Foreclosures


Market Trend for Ogema, MN

Total Listings Available: 2

Market Values:

Home Prices from $43,074 to $1,818,080

Average Sales Price: $351,552

Rental Values:

Rental from $570 to $2,380

Average Rent Value: $1,401 / month

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