Rushmore, MN Foreclosures
How much do homes sell for in Rushmore, MN?
The average home price is currently $224,259.
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 community characterized by its rural charm and welcoming atmosphere. Offering a peaceful lifestyle amidst beautiful landscapes, residents appreciate the tight-knit community spirit and various outdoor activities nearby. Located off Highway 60, it provides easy access to nearby urban centers while maintaining its tranquil ambiance.
Current Market Conditions in Rushmore, MN
The real estate market in Rushmore, MN, has demonstrated steady growth over the past year, reflecting a combination of low inventory and high demand. Homes in the area are characterized by their affordability and appealing rural settings, attracting both first-time buyers and those looking for vacation properties. As more buyers seek escape from busy urban environments, Rushmore has become an attractive destination for homeownership.
Despite the overall trend in increasing property values, the quaint and peaceful nature of Rushmore continues to keep home prices relatively reasonable compared to larger cities. This trend is expected to continue as more families appreciate the benefits of living in a quieter, more scenic location.
Home Value Estimator For Rushmore, MN
There are currently 238 real estate properties
in Rushmore, MN,
with a median automated valuation model (AVM) price
of $187,164.00. 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 $224,259.00, 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.
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