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Short Sale Listings 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 283 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 quaint community surrounded by the natural beauty of Minnesota's lakes and forests. This small town offers residents a tranquil lifestyle with plenty of outdoor recreational opportunities, schooling options, and a strong sense of community. Ideal for those seeking a peaceful retreat from urban life, Soudan is rich in history and charm.

Current Market Conditions in Soudan, MN

The real estate market in Soudan remains stable as the area attracts buyers looking for affordable properties in a serene environment. The demand for homes has slightly increased as more individuals and families seek refuge in smaller communities due to the pandemic. Prices are generally affordable, appealing to first-time home buyers and retirees.

Trends indicate a steady appreciation of home values in the past year, reflecting the area's growing appeal. With limited inventory and an increase in interest from out-of-state buyers, Soudan is becoming an attractive option for those looking to escape larger metropolitan areas and invest in peaceful living.

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 Short Sale Listings

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