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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 $360,840.
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 $1,967,186.
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, Minnesota, is a charming small town that offers a tranquil lifestyle and access to beautiful outdoor activities. The community is welcoming and tight-knit, making it perfect for families and those looking for a peaceful retreat. With local amenities and recreational opportunities, Ogema combines comfort with a serene natural setting.

Current Market Conditions in Ogema, MN

The real estate market in Ogema is currently stable, with a mix of quaint homes and larger properties attracting buyers looking for tranquility. There's a healthy demand for single-family homes, particularly among young families and retirees seeking a peaceful community.

In recent months, properties in Ogema have been appreciating steadily, with average prices edging up as demand grows for homes in smaller towns. Buyers are looking for investments in nature-ready spaces that provide a reprieve from urban living.

Home Value Estimator For Ogema, MN

There are currently 598 real estate properties in Ogema, MN, with a median automated valuation model (AVM) price of $310,930.00. 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 $360,840.00, with the most expensive house in Ogema, MN, topping out at $1,967,186.00 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 $1,967,186

Average Sales Price: $360,840

Rental Values:

Rental from $570 to $2,380

Average Rent Value: $1,401 / month

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