Sturgeon Lake, MN Foreclosures
How much do homes sell for in Sturgeon Lake, MN?
The average home price is currently $326,669.
What’s the average rental cost in Sturgeon Lake, MN?
The average rental price in Sturgeon Lake is $1,363.
What is the most expensive home in Sturgeon Lake?
The most expensive home sold in Sturgeon Lake had a price of $4,955,641.
What is currently the cheapest priced home in Sturgeon Lake, MN?
The cheapest home for sale in Sturgeon Lake is priced at $16,000.
Living in Sturgeon Lake, MN
Sturgeon Lake, MN is a tranquil community featuring beautiful natural surroundings and a strong focus on outdoor activities. Residents enjoy access to lakes and parks, making it an ideal place for those who love nature and a slower pace of life. This picturesque location offers a unique blend of community spirit and recreational enjoyment.
Current Market Conditions in Sturgeon Lake, MN
The real estate market in Sturgeon Lake, MN has seen moderate activity over the past few months, with a balance of buying and selling opportunities. As more individuals seek homes in tranquil settings, the demand for properties in this area has been relatively steady, resulting in stable pricing.
In comparison to metropolitan markets, Sturgeon Lake benefits from a lower cost of living, which attracts first-time buyers and retirees alike. The market is characterized by a mix of single-family homes, cabins, and seasonal rentals, thus providing various options for potential investors.
Home Value Estimator For Sturgeon Lake, MN
There are currently 1,815 real estate properties
in Sturgeon Lake, MN,
with a median automated valuation model (AVM) price
of $291,174.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Sturgeon Lake, 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 Sturgeon Lake, MN,
is $326,669.00, with the most expensive house
in Sturgeon Lake, MN, topping out
at $4,955,641.00 and the cheapest home
in Sturgeon Lake, MN,
clocking in at $16,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Sturgeon Lake, MN!
Rent Prices
In Sturgeon Lake, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Sturgeon Lake, MN, is on
a rollercoaster ride. The
average rent price in Sturgeon Lake, MN,
is $1,363.00. Indeed, when looking to rent in
Sturgeon Lake, MN, you can expect to pay as little
as $500.00 or as much
as $2,600.00,
with the average rent median estimated to
be $1,330.00. The good news is that finding
an affordable and desirable property to rent in Sturgeon Lake, 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
