Soudan, MN Foreclosures
How much do homes sell for in Soudan, MN?
The average home price is currently $155,248.
What’s the average rental cost in Soudan, MN?
The average rental price in Soudan is $1,108.
What is the most expensive home in Soudan?
The most expensive home sold in Soudan had a price of $773,100.
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 historic small town nestled in the heart of the Iron Range, surrounded by beautiful nature and outdoor opportunities. With a friendly community atmosphere and access to state parks, it offers a peaceful retreat from the hustle and bustle of city life. Ideal for outdoor enthusiasts and anyone seeking a close-knit environment.
Current Market Conditions in Soudan, MN
Soudan's real estate market has shown some stability with a modest increase in property values over the past year. Buyers are taking interest in the area's properties, particularly for vacation homes or year-round residences that provide access to outdoor activities.
Housing supply remains somewhat limited, which is putting upward pressure on prices, especially for homes that are well-maintained and in desirable locations, such as near the lake.
Home Value Estimator For Soudan, MN
There are currently 220 real estate properties
in Soudan, MN,
with a median automated valuation model (AVM) price
of $131,255.00. 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 $155,248.00, with the most expensive house
in Soudan, MN, topping out
at $773,100.00 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 $1,108.00. 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
