Oslo, MN Foreclosures
How much do homes sell for in Oslo, MN?
The average home price is currently $179,084.
What’s the average rental cost in Oslo, MN?
The average rental price in Oslo is $1,142.
What is the most expensive home in Oslo?
The most expensive home sold in Oslo had a price of $1,368,625.
What is currently the cheapest priced home in Oslo, MN?
The cheapest home for sale in Oslo is priced at $14,744.
Living in Oslo, MN
Oslo, MN is a small, tight-knit community known for its friendly atmosphere and beautiful natural surroundings. Residents enjoy a variety of outdoor activities and essential amenities are within reach. Its proximity to larger cities makes it an ideal location for those who appreciate peaceful living without sacrificing convenience.
Current Market Conditions in Oslo, MN
Oslo's real estate market has been stable, with a consistent demand for housing seen in the last few years. Over the past year, home prices have appreciated modestly, driven by the low inventory of available homes and the appeal of rural living. Buyers are attracted to the affordability of homes compared to larger urban areas, making it a sought-after location for those looking to settle down in a quieter community.
Recently, there has been a noticeable increase in interest from first-time home buyers and retirees seeking to relocate to less populated areas. This trend has led to a rise in home renovations, as homeowners look to update older properties to meet modern standards. Realtors are reporting a faster turnover of listings, particularly well-maintained homes.
Home Value Estimator For Oslo, MN
There are currently 183 real estate properties
in Oslo, MN,
with a median automated valuation model (AVM) price
of $152,745.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Oslo, 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 Oslo, MN,
is $179,084.00, with the most expensive house
in Oslo, MN, topping out
at $1,368,625.00 and the cheapest home
in Oslo, MN,
clocking in at $14,744.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Oslo, MN!
Rent Prices
In Oslo, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Oslo, MN, is on
a rollercoaster ride. The
average rent price in Oslo, MN,
is $1,142.00. Indeed, when looking to rent in
Oslo, MN, you can expect to pay as little
as $610.00 or as much
as $2,440.00,
with the average rent median estimated to
be $1,110.00. The good news is that finding
an affordable and desirable property to rent in Oslo, 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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