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Foreclosure Homes in Pennock, MN 56279

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Pennock, MN Foreclosures

How much do homes sell for in Pennock, MN?
The average home price is currently $386,067.
In Pennock, MN, how many homes are available?
There are currently 3 active home listings available in Pennock.
What’s the average rental cost in Pennock, MN?
The average rental price in Pennock is $1,362.
What is the most expensive home in Pennock?
The most expensive home sold in Pennock had a price of $4,088,667.
What is currently the cheapest priced home in Pennock, MN?
The cheapest home for sale in Pennock is priced at $14,829.

Living in Pennock, MN

Pennock, MN, is a charming and close-knit community featuring beautiful parks, strong educational institutions, and a peaceful rural atmosphere. It offers an attractive living environment for families and those seeking a quieter lifestyle. The town is conveniently located near larger cities, providing access to additional amenities and recreational opportunities.

Current Market Conditions in Pennock, MN

The real estate market in Pennock has demonstrated resilience over recent years, with a stable appreciation rate despite broader economic fluctuations. The demand for homes in the area remains strong due to the appealing lifestyle and affordability compared to nearby urban areas.

Investors can expect a mix of charming older homes and newer constructions, appealing to a diverse pool of potential renters and homeowners. The town's close-knit community and local amenities contribute to a supportive rental market, making it an attractive place for property investments.

Home Value Estimator For Pennock, MN

There are currently 506 real estate properties in Pennock, MN, with a median automated valuation model (AVM) price of $300,980.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Pennock, 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 Pennock, MN, is $386,067.00, with the most expensive house in Pennock, MN, topping out at $4,088,667.00 and the cheapest home in Pennock, MN, clocking in at $14,829.00. In other words, there’s something for every potential homebuyer or savvy investor in Pennock, MN!

Rent Prices In Pennock, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Pennock, MN, is on a rollercoaster ride. The average rent price in Pennock, MN, is $1,362.00. Indeed, when looking to rent in Pennock, MN, you can expect to pay as little as $580.00 or as much as $2,310.00, with the average rent median estimated to be $1,360.00. The good news is that finding an affordable and desirable property to rent in Pennock, 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.

Pennock, MN 56279 Foreclosures

Market Trend for Pennock, MN

Total Listings Available: 3

Market Values:

Home Prices from $14,829 to $4,088,667

Average Sales Price: $386,067

Rental Values:

Rental from $580 to $2,310

Average Rent Value: $1,362 / month

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