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Preforeclosure Homes in Salol, MN 56756

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Salol, MN Foreclosures

How much do homes sell for in Salol, MN?
The average home price is currently $243,136.
In Salol, MN, how many homes are available?
There are currently 1 active home listings available in Salol.
What’s the average rental cost in Salol, MN?
The average rental price in Salol is $1,230.
What is the most expensive home in Salol?
The most expensive home sold in Salol had a price of $1,205,000.
What is currently the cheapest priced home in Salol, MN?
The cheapest home for sale in Salol is priced at $24,865.

Living in Salol, MN

Salol is a charming small town located in Roseau County, Minnesota, offering a peaceful rural lifestyle. With a close-knit community, residents enjoy the tranquility and natural beauty that this area provides. Outdoor enthusiasts will appreciate the surrounding forests and rivers, which are perfect for fishing, hiking, and other recreational activities.

Current Market Conditions in Salol, MN

The real estate market in Salol remains stable, with a mix of properties attracting attention from buyers looking for affordable homes in serene environments. The demand for homes is gradually increasing as more individuals prioritize space and nature over urban living, making it an opportune time for potential buyers.

In the past few months, Salol has seen an uptick in home renovations and investment in property improvements, which has slightly raised the overall property values. The growing interest in rural areas due to remote working opportunities has led to a notable increase in inquiries about available homes.

Home Value Estimator For Salol, MN

There are currently 236 real estate properties in Salol, MN, with a median automated valuation model (AVM) price of $220,575.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Salol, 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 Salol, MN, is $243,136.00, with the most expensive house in Salol, MN, topping out at $1,205,000.00 and the cheapest home in Salol, MN, clocking in at $24,865.00. In other words, there’s something for every potential homebuyer or savvy investor in Salol, MN!

Rent Prices In Salol, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Salol, MN, is on a rollercoaster ride. The average rent price in Salol, MN, is $1,230.00. Indeed, when looking to rent in Salol, MN, you can expect to pay as little as $570.00 or as much as $1,720.00, with the average rent median estimated to be $1,230.00. The good news is that finding an affordable and desirable property to rent in Salol, 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.

Salol, MN 56756 Preforeclosure Homes

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