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Rent To Own Homes in Truman, MN

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Truman, MN Foreclosures

How much do homes sell for in Truman, MN?
The average home price is currently $349,168.
In Truman, MN, how many homes are available?
There are currently 2 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 $3,625,180.
What is currently the cheapest priced home in Truman, MN?
The cheapest home for sale in Truman is priced at $22,022.

Living in Truman, MN

Truman, Minnesota, is a small town with a welcoming community spirit and a variety of local amenities. With its picturesque parks and proximity to natural recreational areas, Truman appeals to those looking for a peaceful lifestyle combined with modern conveniences. The area is family-friendly, making it an ideal location for individuals and families alike.

Current Market Conditions in Truman, MN

The real estate market in Truman is currently characterized by affordability and steady demand. Home prices remain relatively low compared to urban areas, attracting buyers looking for a great deal on homes. The community offers a mix of single-family homes and a few multi-family housing options, providing diversity in living arrangements.

As more people seek out rural living, markets in smaller towns like Truman are experiencing increased interest and competition, which may drive up prices in the near future.

Home Value Estimator For Truman, MN

There are currently 775 real estate properties in Truman, MN, with a median automated valuation model (AVM) price of $185,825.00. 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 $349,168.00, with the most expensive house in Truman, MN, topping out at $3,625,180.00 and the cheapest home in Truman, MN, clocking in at $22,022.00. 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 Rent To Own Homes

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