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Condo Foreclosures in Ormsby, MN

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Ormsby, MN Foreclosures

How much do homes sell for in Ormsby, MN?
The average home price is currently $362,675.
What’s the average rental cost in Ormsby, MN?
The average rental price in Ormsby is $1,287.
What is the most expensive home in Ormsby?
The most expensive home sold in Ormsby had a price of $3,590,056.
What is currently the cheapest priced home in Ormsby, MN?
The cheapest home for sale in Ormsby is priced at $44,954.

Living in Ormsby, MN

Ormsby is a charming small town nestled in Minnesota, offering a serene rural lifestyle to its residents. Known for its welcoming community and picturesque landscapes, Ormsby features ample outdoor recreational activities. With a close-knit environment, it's a perfect spot for families and individuals seeking a quieter pace of life.

Current Market Conditions in Ormsby, MN

The real estate market in Ormsby is currently emerging, with a modest increase in home sales due to the growing interest in rural living. The prices are generally stable, and homes in good condition are getting attention, particularly from families looking to relocate to a quieter environment.

Investing in Ormsby can be advantageous as the demand for homes in rural communities continues to rise, especially after recent trends showing an exodus from urban areas. The market is expected to remain steady with potential for growth as more families seek affordable housing options.

Home Value Estimator For Ormsby, MN

There are currently 126 real estate properties in Ormsby, MN, with a median automated valuation model (AVM) price of $165,760.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ormsby, 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 Ormsby, MN, is $362,675.00, with the most expensive house in Ormsby, MN, topping out at $3,590,056.00 and the cheapest home in Ormsby, MN, clocking in at $44,954.00. In other words, there’s something for every potential homebuyer or savvy investor in Ormsby, MN!

Rent Prices In Ormsby, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ormsby, MN, is on a rollercoaster ride. The average rent price in Ormsby, MN, is $1,287.00. Indeed, when looking to rent in Ormsby, MN, you can expect to pay as little as $580.00 or as much as $2,360.00, with the average rent median estimated to be $1,200.00. The good news is that finding an affordable and desirable property to rent in Ormsby, 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.

Ormsby, MN Condos


Market Trend for Ormsby, MN

Total Listings Available: 0

Market Values:

Home Prices from $44,954 to $3,590,056

Average Sales Price: $362,675

Rental Values:

Rental from $580 to $2,360

Average Rent Value: $1,287 / month

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