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Rent To Own Homes in Soudan, MN

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Soudan, MN Foreclosures

How much do homes sell for in Soudan, MN?
The average home price is currently $161,201.
In Soudan, MN, how many homes are available?
There are currently 278 active home listings available in Soudan.
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 $793,900.
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 perfect for outdoor enthusiasts and families. With its close-knit community, residents enjoy a tranquil lifestyle surrounded by nature and abundant recreational activities. The Soudan Underground Mine State Park adds a unique flavor to the area, attracting visitors and enhancing local pride.

Current Market Conditions in Soudan, MN

The real estate market in Soudan is currently on the rise, with property values increasing steadily. This growth is fueled by an influx of new residents seeking affordable housing in a scenic area and the appeal of Lake Vermilion's recreational opportunities. Sellers are seeing favorable outcomes with homes often selling close to their asking prices and multiple offers being common.

As of the latest assessment, the market in Soudan showcases an improving trend for sellers, with an increase in buyer interest. The town's affordability in comparison to neighboring communities makes it an attractive option for both first-time homebuyers and retirees. The combination of natural beauty and a peaceful atmosphere contributes to a robust market.

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 $136,976.00. 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 $161,201.00, with the most expensive house in Soudan, MN, topping out at $793,900.00 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.

Soudan, MN Rent To Own Homes


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