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Foreclosure Homes in Rushmore, MN 56168

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Rushmore, MN Foreclosures

Current Market Conditions in in Rushmore, MN As of March 2026?
In the past month, the real estate market in Rushmore, MN, has shown promising stability. Home prices have remained steady, with only slight fluctuations observed in the average listing prices. Inventory has been low, leading to competitive bidding for available properties. Growth in popularity among those seeking a quieter lifestyle away from urban centers has contributed to this trend. While seasonal market activity generally influences sales, there is a sense of optimism among realtors as interest from both local buyers and out-of-state newcomers continues to rise. As a result, properties that are well-maintained and reasonably priced have experienced quick sales and increased buyer engagement.
How much do homes sell for in Rushmore, MN?
The average home price is currently $242,792.
In Rushmore, MN, how many homes are available?
There are currently 3 active home listings available in Rushmore.
What’s the average rental cost in Rushmore, MN?
The average rental price in Rushmore is $1,149.
What is the most expensive home in Rushmore?
The most expensive home sold in Rushmore had a price of $2,537,558.
What is currently the cheapest priced home in Rushmore, MN?
The cheapest home for sale in Rushmore is priced at $19,958.

Living in Rushmore, MN

Rushmore, MN is a quaint small town in Nobles County, characterized by its friendly community and peaceful environments. With a range of outdoor activities, local amenities, and a strong sense of community, it is an ideal spot for families and retirees looking for a relaxed lifestyle.

Buyer vs Seller Market in Rushmore, MN

The real estate market in Rushmore remains stable, showing modest growth over the past year. The town has become increasingly attractive to new buyers looking for affordable housing options, especially in comparison to larger nearby cities.

Potential investors are considering the area's growth potential due to its appealing quality of life and surrounding natural beauty.

In the past few months, the market has seen an uptick in demand for single-family homes, with new listings being snapped up relatively quickly.

Home Value Estimator For Rushmore, MN

There are currently 279 real estate properties in Rushmore, MN, with a median automated valuation model (AVM) price of $203,115.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Rushmore, 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 Rushmore, MN, is $242,792.00, with the most expensive house in Rushmore, MN, topping out at $2,537,558.00 and the cheapest home in Rushmore, MN, clocking in at $19,958.00. In other words, there’s something for every potential homebuyer or savvy investor in Rushmore, MN!

Rent Prices In Rushmore, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Rushmore, MN, is on a rollercoaster ride. The average rent price in Rushmore, MN, is $1,149.00. Indeed, when looking to rent in Rushmore, MN, you can expect to pay as little as $570.00 or as much as $2,260.00, 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 Rushmore, 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.

Rushmore, MN 56168 Foreclosures

Market Trend for Rushmore, MN

Total Listings Available: 3

Market Values:

Home Prices from $19,958 to $2,537,558

Average Sales Price: $242,792

Rental Values:

Rental from $570 to $2,260

Average Rent Value: $1,149 / month

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