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Preforeclosure Homes in Pipestone, MN

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Pipestone, MN Foreclosures

How much do homes sell for in Pipestone, MN?
The average home price is currently $192,140.
In Pipestone, MN, how many homes are available?
There are currently 1 active home listings available in Pipestone.
What’s the average rental cost in Pipestone, MN?
The average rental price in Pipestone is $1,118.
What is the most expensive home in Pipestone?
The most expensive home sold in Pipestone had a price of $2,304,398.
What is currently the cheapest priced home in Pipestone, MN?
The cheapest home for sale in Pipestone is priced at $14,930.

Living in Pipestone, MN

Pipestone, Minnesota, is a small, welcoming town renowned for its historical significance and vibrant community life. It offers access to wonderful outdoor activities, top-notch schools, and unique shopping experiences. With its charming downtown and proximity to Pipestone National Monument, it truly captures the essence of small-town America.

Current Market Conditions in Pipestone, MN

The real estate market in Pipestone is relatively stable, appealing to both first-time homebuyers and those looking to invest in rental properties. With a mix of single-family homes and more affordable housing options, it presents opportunities for various buyers. The market attracts families, retirees looking to downsize, and individuals searching for a community with a rich history and strong local organizations.

In recent months, the home sales in Pipestone have shown slight inclines as demand grows. Buyers may notice a competitive edge due to limited inventory. However, homes remain affordable compared to larger metropolitan areas, drawing interest from out-of-town buyers seeking a peaceful lifestyle.

Home Value Estimator For Pipestone, MN

There are currently 1,985 real estate properties in Pipestone, MN, with a median automated valuation model (AVM) price of $149,317.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Pipestone, 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 Pipestone, MN, is $192,140.00, with the most expensive house in Pipestone, MN, topping out at $2,304,398.00 and the cheapest home in Pipestone, MN, clocking in at $14,930.00. In other words, there’s something for every potential homebuyer or savvy investor in Pipestone, MN!

Rent Prices In Pipestone, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Pipestone, MN, is on a rollercoaster ride. The average rent price in Pipestone, MN, is $1,118.00. Indeed, when looking to rent in Pipestone, MN, you can expect to pay as little as $480.00 or as much as $2,420.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Pipestone, 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.

Pipestone, MN Preforeclosure Homes


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