Rutledge, MN Foreclosures
How much do homes sell for in Rutledge, MN?
The average home price is currently $177,374.
What’s the average rental cost in Rutledge, MN?
The average rental price in Rutledge is $1,136.
What is the most expensive home in Rutledge?
The most expensive home sold in Rutledge had a price of $561,098.
What is currently the cheapest priced home in Rutledge, MN?
The cheapest home for sale in Rutledge is priced at $21,589.
Living in Rutledge, MN
Rutledge, MN, is a small and tranquil town set in the scenic North Woods, providing residents with a rich natural environment and a tight-knit community atmosphere. The area supports a variety of outdoor activities, highlighting its appeal to families and adventure enthusiasts. With local amenities and nearby educational institutions, Rutledge remains an attractive location for homebuyers.
Current Market Conditions in Rutledge, MN
The real estate market in Rutledge has seen a steady increase in demand, particularly from families and retirees looking to invest in a peaceful residential area. Home prices have been relatively stable, making it an appealing opportunity for both new buyers and seasoned investors.
With the allure of nature and a growing local economy, property values are expected to rise over the next few years. Investors are particularly interested in properties that offer easy access to outdoor recreational activities, as these amenable features are highly sought after by potential buyers.
Home Value Estimator For Rutledge, MN
There are currently 93 real estate properties
in Rutledge, MN,
with a median automated valuation model (AVM) price
of $171,493.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Rutledge, 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 Rutledge, MN,
is $177,374.00, with the most expensive house
in Rutledge, MN, topping out
at $561,098.00 and the cheapest home
in Rutledge, MN,
clocking in at $21,589.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Rutledge, MN!
Rent Prices
In Rutledge, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Rutledge, MN, is on
a rollercoaster ride. The
average rent price in Rutledge, MN,
is $1,136.00. Indeed, when looking to rent in
Rutledge, MN, you can expect to pay as little
as $730.00 or as much
as $2,080.00,
with the average rent median estimated to
be $1,130.00. The good news is that finding
an affordable and desirable property to rent in Rutledge, 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.
Learn more on Foreclosure homes
