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Foreclosures in Truman, MN

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Truman, MN Foreclosures

Current Market Conditions in in Truman, MN As of March 2026?
Over the past month, the real estate market in Truman has shown a slight uptick in activity, with an increase in showings and open houses. Homes are selling at a consistent pace, indicating a resilient market despite seasonal fluctuations. Potential buyers are taking advantage of low interest rates, contributing to heightened competition for available properties.
How much do homes sell for in Truman, MN?
The average home price is currently $319,341.
In Truman, MN, how many homes are available?
There are currently 4 active home listings available in Truman.
What’s the average rental cost in Truman, MN?
The average rental price in Truman is $1,380.
What is the most expensive home in Truman?
The most expensive home sold in Truman had a price of $2,504,038.
What is currently the cheapest priced home in Truman, MN?
The cheapest home for sale in Truman is priced at $10,057.

Living in Truman, MN

Truman, MN is a charming small town that offers a peaceful lifestyle amidst beautiful rural scenery. Known for its close-knit community and local events, Truman provides essential amenities while being close to nature. It's an ideal spot for families and individuals seeking a tranquil environment to call home.

Buyer vs Seller Market in Truman, MN

The real estate market in Truman is currently stable, with a mix of affordable homes and a few higher-end properties available. Demand remains solid due to the town's welcoming atmosphere and family-friendly environment, though options may be limited compared to larger urban centers.

Properties in Truman have been appreciating modestly over the past year, attracting buyers looking for a more serene living space. This trend indicates a steady interest in the area, particularly from those seeking refuge from urban congestion.

Home Value Estimator For Truman, MN

There are currently 860 real estate properties in Truman, MN, with a median automated valuation model (AVM) price of $183,496.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Truman, 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 Truman, MN, is $319,341.00, with the most expensive house in Truman, MN, topping out at $2,504,038.00 and the cheapest home in Truman, MN, clocking in at $10,057.00. In other words, there’s something for every potential homebuyer or savvy investor in Truman, MN!

Rent Prices In Truman, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Truman, MN, is on a rollercoaster ride. The average rent price in Truman, MN, is $1,380.00. Indeed, when looking to rent in Truman, MN, you can expect to pay as little as $550.00 or as much as $3,860.00, with the average rent median estimated to be $1,220.00. The good news is that finding an affordable and desirable property to rent in Truman, 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.

Truman, MN Foreclosures


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