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Preforeclosure Homes in Virginia, MN 55792

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Virginia, MN Foreclosures

Current Market Conditions in in Virginia, MN As of February 2026?
Over the last month, the real estate market in Virginia has shown signs of continued appreciation, with home prices modestly increasing due to a rise in buyer activity. Recent statistics indicate a 3% increase in the average listing price compared to last month. Many properties are seeing multiple showings, and homes that are well-maintained and priced right are selling within days, creating a sense of urgency for buyers in this active marketplace.
How much do homes sell for in Virginia, MN?
The average home price is currently $172,871.
In Virginia, MN, how many homes are available?
There are currently 6 active home listings available in Virginia.
What’s the average rental cost in Virginia, MN?
The average rental price in Virginia is $1,044.
What is the most expensive home in Virginia?
The most expensive home sold in Virginia had a price of $8,845,964.
What is currently the cheapest priced home in Virginia, MN?
The cheapest home for sale in Virginia is priced at $11,014.

Living in Virginia, MN

Virginia, Minnesota, is a small city nestled in the Mesabi Range, renowned for its mining heritage and scenic natural beauty. The community provides a charming small-town atmosphere combined with access to outdoor recreational activities, local shops, and dining options, making it an attractive place for families and retirees. Virginia boasts a strong sense of community, with various events held throughout the year, fostering local interaction and pride.

Buyer vs Seller Market in Virginia, MN

The real estate market in Virginia, MN, is currently showing signs of stability with a slight increase in home values over the past year. The demand for affordable single-family homes continues to grow, drawing in first-time buyers and retirees looking for a serene surroundings. With limited inventory, homes in desirable neighborhoods are receiving multiple offers and selling quickly, indicating a competitive market environment.

There is a growing interest in both residential and investment properties, as more people discover the benefits of living in a small city with vast outdoor amenities. Recent developments suggest that new construction may emerge to cater to the demand, ensuring more options for prospective homeowners.

Home Value Estimator For Virginia, MN

There are currently 4,035 real estate properties in Virginia, MN, with a median automated valuation model (AVM) price of $140,425.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Virginia, 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 Virginia, MN, is $172,871.00, with the most expensive house in Virginia, MN, topping out at $8,845,964.00 and the cheapest home in Virginia, MN, clocking in at $11,014.00. In other words, there’s something for every potential homebuyer or savvy investor in Virginia, MN!

Rent Prices In Virginia, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Virginia, MN, is on a rollercoaster ride. The average rent price in Virginia, MN, is $1,044.00. Indeed, when looking to rent in Virginia, MN, you can expect to pay as little as $530.00 or as much as $2,220.00, with the average rent median estimated to be $980.00. The good news is that finding an affordable and desirable property to rent in Virginia, 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.

Virginia, MN 55792 Preforeclosure Homes


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