Truman, MN Foreclosures
How much do homes sell for in Truman, MN?
The average home price is currently $348,969.
In Truman, MN, how many homes are available?
There are currently 3 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 $3,672,237.
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 tranquil small town characterized by a close-knit community and scenic surroundings. Known for its friendly atmosphere and involvement in local events, residents enjoy a peaceful lifestyle with various amenities and recreational activities. The local schools are dedicated to providing quality education, making it an ideal place for families.
Current Market Conditions in Truman, MN
The real estate market in Truman, MN, is stable, showing steady appreciation over the recent months. Buyers can find a range of properties from charming single-family homes to small farmsteads, catering to diverse preferences. The market is experiencing moderate demand, with local homes attracting families looking for a peaceful, rural lifestyle.
Current trends indicate that buyers are increasingly interested in homes with larger yards and proximity to nature. As remote work becomes more commonplace, individuals are drawn to Truman's appealing lifestyle that balances community living and natural beauty.
Home Value Estimator For Truman, MN
There are currently 859 real estate properties
in Truman, MN,
with a median automated valuation model (AVM) price
of $187,987.00. 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 $348,969.00, with the most expensive house
in Truman, MN, topping out
at $3,672,237.00 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.
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