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Foreclosure Homes in Vergas, MN 56587

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Vergas, MN Foreclosures

How much do homes sell for in Vergas, MN?
The average home price is currently $473,292.
In Vergas, MN, how many homes are available?
There are currently 1 active home listings available in Vergas.
What’s the average rental cost in Vergas, MN?
The average rental price in Vergas is $1,584.
What is the most expensive home in Vergas?
The most expensive home sold in Vergas had a price of $3,322,313.
What is currently the cheapest priced home in Vergas, MN?
The cheapest home for sale in Vergas is priced at $17,856.

Living in Vergas, MN

Vergas, Minnesota is a charming small town that offers a tight-knit community feeling surrounded by nature. Known for its gorgeous lakes and recreational opportunities, it is ideal for those who appreciate the outdoors. The local schools provide a strong educational foundation for families, making this town a great place to settle down.

Current Market Conditions in Vergas, MN

The real estate market in Vergas has shown stable growth over the past year. With the demand for homes increasing, prices have remained relatively affordable compared to larger nearby cities, attracting families and retirees alike. Homes in this area often have unique character and charm, which adds to their appeal.

Current trends suggest that more people are seeking homes in rural areas like Vergas, prioritizing space and nature. This influx is not just from local residents but also those moving from urban centers looking for a more peaceful lifestyle.

Home Value Estimator For Vergas, MN

There are currently 1,181 real estate properties in Vergas, MN, with a median automated valuation model (AVM) price of $418,638.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Vergas, 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 Vergas, MN, is $473,292.00, with the most expensive house in Vergas, MN, topping out at $3,322,313.00 and the cheapest home in Vergas, MN, clocking in at $17,856.00. In other words, there’s something for every potential homebuyer or savvy investor in Vergas, MN!

Rent Prices In Vergas, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Vergas, MN, is on a rollercoaster ride. The average rent price in Vergas, MN, is $1,584.00. Indeed, when looking to rent in Vergas, MN, you can expect to pay as little as $580.00 or as much as $2,780.00, with the average rent median estimated to be $1,440.00. The good news is that finding an affordable and desirable property to rent in Vergas, 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.

Vergas, MN 56587 Foreclosures


Market Trend for Vergas, MN

Total Listings Available: 1

Market Values:

Home Prices from $17,856 to $3,322,313

Average Sales Price: $473,292

Rental Values:

Rental from $580 to $2,780

Average Rent Value: $1,584 / month

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