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Foreclosure Homes in Onamia, MN 56359

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Onamia, MN Foreclosures

How much do homes sell for in Onamia, MN?
The average home price is currently $301,585.
In Onamia, MN, how many homes are available?
There are currently 6 active home listings available in Onamia.
What’s the average rental cost in Onamia, MN?
The average rental price in Onamia is $1,304.
What is the most expensive home in Onamia?
The most expensive home sold in Onamia had a price of $1,619,861.
What is currently the cheapest priced home in Onamia, MN?
The cheapest home for sale in Onamia is priced at $20,725.

Living in Onamia, MN

Onamia, Minnesota is a serene and picturesque town located in Mille Lacs County. Known for its outdoor recreational opportunities and friendly community, Onamia is ideal for families and individuals seeking a peaceful lifestyle. The town offers easy access to local amenities and attractions, truly embodying the charm of small-town living.

Current Market Conditions in Onamia, MN

Onamia's real estate market is currently stable, with a healthy mix of listings for single-family homes and recreational properties. The community's natural amenities, including access to lakes and parks, have driven steady demand, though the market remains affordable compared to urban areas.

Recent trends show an increase in interest from buyers looking for second homes or vacation rentals due to Onamia's location near Mille Lacs Lake, known for its fishing and recreational activities. This surge in interest is contributing to gradual price increases in certain segments of the market.

Home Value Estimator For Onamia, MN

There are currently 1,597 real estate properties in Onamia, MN, with a median automated valuation model (AVM) price of $272,406.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Onamia, 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 Onamia, MN, is $301,585.00, with the most expensive house in Onamia, MN, topping out at $1,619,861.00 and the cheapest home in Onamia, MN, clocking in at $20,725.00. In other words, there’s something for every potential homebuyer or savvy investor in Onamia, MN!

Rent Prices In Onamia, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Onamia, MN, is on a rollercoaster ride. The average rent price in Onamia, MN, is $1,304.00. Indeed, when looking to rent in Onamia, MN, you can expect to pay as little as $500.00 or as much as $2,770.00, with the average rent median estimated to be $1,250.00. The good news is that finding an affordable and desirable property to rent in Onamia, 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.

Onamia, MN 56359 Foreclosures


Market Trend for Onamia, MN

Total Listings Available: 6

Market Values:

Home Prices from $20,725 to $1,619,861

Average Sales Price: $301,585

Rental Values:

Rental from $500 to $2,770

Average Rent Value: $1,304 / month

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