Soudan, MN Foreclosures
How much do homes sell for in Soudan, MN?
The average home price is currently $151,643.
In Soudan, MN, how many homes are available?
There are currently 283 active home listings available in Soudan.
What’s the average rental cost in Soudan, MN?
The average rental price in Soudan is $1,109.
What is the most expensive home in Soudan?
The most expensive home sold in Soudan had a price of $799,000.
What is currently the cheapest priced home in Soudan, MN?
The cheapest home for sale in Soudan is priced at $15,107.
Living in Soudan, MN
Soudan, MN is a charming small town known for its rich mining history and stunning natural surroundings. Residents enjoy access to Lake Vermilion for outdoor activities, and the close-knit community fosters a welcoming environment. The area strikes a good balance between nature and convenience with nearby urban amenities.
Current Market Conditions in Soudan, MN
The real estate market in Soudan remains stable, with an average price of homes gradually rising over the past few months. Given its scenic location, properties around Lake Vermilion tend to be in demand, particularly during the summer months when outdoor activities peak.
With new developments being introduced, there is a growing interest from both permanent residents and seasonal visitors looking for vacation homes. Soudan's charm has made it a favorable spot for buyers seeking a peaceful lifestyle away from urban commotion.
Home Value Estimator For Soudan, MN
There are currently 230 real estate properties
in Soudan, MN,
with a median automated valuation model (AVM) price
of $132,648.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Soudan, 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 Soudan, MN,
is $151,643.00, with the most expensive house
in Soudan, MN, topping out
at $799,000.00 and the cheapest home
in Soudan, MN,
clocking in at $15,107.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Soudan, MN!
Rent Prices
In Soudan, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Soudan, MN, is on
a rollercoaster ride. The
average rent price in Soudan, MN,
is $1,109.00. Indeed, when looking to rent in
Soudan, MN, you can expect to pay as little
as $570.00 or as much
as $2,340.00,
with the average rent median estimated to
be $1,070.00. The good news is that finding
an affordable and desirable property to rent in Soudan, 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
