Ruthton, MN Foreclosures
How much do homes sell for in Ruthton, MN?
The average home price is currently $253,464.
In Ruthton, MN, how many homes are available?
There are currently 3 active home listings available in Ruthton.
What’s the average rental cost in Ruthton, MN?
The average rental price in Ruthton is $974.
What is the most expensive home in Ruthton?
The most expensive home sold in Ruthton had a price of $3,172,234.
What is currently the cheapest priced home in Ruthton, MN?
The cheapest home for sale in Ruthton is priced at $28,479.
Living in Ruthton, MN
Ruthon, Minnesota, is a small and serene town known for its tight-knit community and peaceful rural lifestyle. The area is characterized by beautiful landscapes and farmland, making it an ideal place for those seeking tranquility away from bustling urban life. Despite its size, Ruthon boasts rich local history and is close to a variety of outdoor recreational activities.
Current Market Conditions in Ruthton, MN
The current real estate market in Ruthon, MN, is relatively stable, with a slight increase in demand for homes as more individuals look to escape city life. The prices have seen a gradual uptick over the past few months due to the housing trend favoring rural areas. As people continue to work remotely, Ruthon becomes more attractive for those desiring space and peace.
The market is characterized by a healthy supply of homes, with various options ranging from charming older properties to modern builds. Buyers are advised to act quickly, as homes in the area do not stay on the market long, reflecting growing interest. First-time buyers, in particular, find opportunities here due to the relatively affordable pricing compared to more urban locations.
Home Value Estimator For Ruthton, MN
There are currently 217 real estate properties
in Ruthton, MN,
with a median automated valuation model (AVM) price
of $104,512.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ruthton, 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 Ruthton, MN,
is $253,464.00, with the most expensive house
in Ruthton, MN, topping out
at $3,172,234.00 and the cheapest home
in Ruthton, MN,
clocking in at $28,479.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ruthton, MN!
Rent Prices
In Ruthton, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ruthton, MN, is on
a rollercoaster ride. The
average rent price in Ruthton, MN,
is $974.00. Indeed, when looking to rent in
Ruthton, MN, you can expect to pay as little
as $460.00 or as much
as $1,940.00,
with the average rent median estimated to
be $890.00. The good news is that finding
an affordable and desirable property to rent in Ruthton, 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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