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Condo Foreclosures in Peterson, MN 55962

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Peterson, MN Foreclosures

Current Market Conditions in in Peterson, MN As of April 2026?
Over the past month, the Peterson real estate market has seen moderate activity, with several homes being listed and a few sales recorded, indicating a healthy interest in the area. The pricing of homes remains stable, which encourages potential buyers to explore the options available.
How much do homes sell for in Peterson, MN?
The average home price is currently $520,883.
What’s the average rental cost in Peterson, MN?
The average rental price in Peterson is $1,617.
What is the most expensive home in Peterson?
The most expensive home sold in Peterson had a price of $7,302,442.
What is currently the cheapest priced home in Peterson, MN?
The cheapest home for sale in Peterson is priced at $32,070.

Living in Peterson, MN

Peterson, MN is a picturesque village known for its serene atmosphere and friendly community. Residents enjoy various outdoor activities and a quaint, small-town lifestyle. The area features beautiful landscapes and is located conveniently near larger towns for additional amenities.

Buyer vs Seller Market in Peterson, MN

The Peterson real estate market has shown stability with steady prices and consistent demand in recent months. Given its picturesque surroundings and community-oriented lifestyle, properties in the area appeal to buyers looking for a peaceful retreat while still being within reach of urban conveniences.

Home Value Estimator For Peterson, MN

There are currently 375 real estate properties in Peterson, MN, with a median automated valuation model (AVM) price of $369,683.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Peterson, 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 Peterson, MN, is $520,883.00, with the most expensive house in Peterson, MN, topping out at $7,302,442.00 and the cheapest home in Peterson, MN, clocking in at $32,070.00. In other words, there’s something for every potential homebuyer or savvy investor in Peterson, MN!

Rent Prices In Peterson, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Peterson, MN, is on a rollercoaster ride. The average rent price in Peterson, MN, is $1,617.00. Indeed, when looking to rent in Peterson, MN, you can expect to pay as little as $620.00 or as much as $3,280.00, with the average rent median estimated to be $1,520.00. The good news is that finding an affordable and desirable property to rent in Peterson, 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.

Peterson, MN 55962 Condos

Market Trend for Peterson, MN

Total Listings Available: 0

Market Values:

Home Prices from $32,070 to $7,302,442

Average Sales Price: $520,883

Rental Values:

Rental from $620 to $3,280

Average Rent Value: $1,617 / month

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