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Foreclosures in Peterson, MN 55962

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Peterson, MN Foreclosures

How much do homes sell for in Peterson, MN?
The average home price is currently $495,440.
In Peterson, MN, how many homes are available?
There are currently 1 active home listings available in Peterson.
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 $5,679,484.
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 charming rural village nestled in the heart of Fillmore County. Known for its stunning natural beauty and outdoor activities, it offers a serene lifestyle with a strong sense of community. Residents can enjoy local amenities while being close to nature, making it an ideal place for families and outdoor enthusiasts alike.

Current Market Conditions in Peterson, MN

The real estate market in Peterson is currently experiencing stable growth, with a mix of traditional homes and newer constructions attracting interest. The demand for properties is steady as families and retirees seek peaceful living environments away from the hustle and bustle of city life.

Recent trends indicate an increase in home values, driven by the area's appealing lifestyle and outdoor recreational opportunities. Homes that are well-maintained and offer additional land have been particularly sought after by buyers looking to invest in this picturesque region.

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 $369,460.00. 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 $495,440.00, with the most expensive house in Peterson, MN, topping out at $5,679,484.00 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 Foreclosures

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