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Foreclosure Homes in Chisholm, MN

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View this home at 7th St Sw Chisholm MN 55719
Preforeclosure
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$184,320 EMV
7th St Sw
Chisholm, MN 55719
Single-Family
EST. RENT: $1,230
|
AUCTION: 04-17-2024
Single-Family
5 View this home at 5th St Sw Chisholm MN 55719
Preforeclosure
VIEW DETAILS
$115,110 EMV
5th St Sw
Chisholm, MN 55719
Single-Family
|
3 |
2
|
1,296
EST. RENT: $900
|
AUCTION: 03-20-2024
Single-Family
|
3 |
2
|
1,296
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Chisholm, MN Foreclosures

How much do homes sell for in Chisholm, MN?
The average home price is currently $138,210.
In Chisholm, MN, how many homes are available?
There are currently 2,595 active home listings available in Chisholm.
What’s the average rental cost in Chisholm, MN?
The average rental price in Chisholm is $980.
What is the most expensive home in Chisholm, Minnesota?
The most expensive home sold in Chisholm had a price of $748,900.
What is currently the cheapest priced home in Chisholm, MN?
The cheapest home for sale in Chisholm is priced at $14,994.

Home Value Estimator For Chisholm, MN

There are currently 2,595 real estate properties in Chisholm, MN, with a median automated valuation model (AVM) price of $110,393.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Chisholm, 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 Chisholm, MN, is $138,210.00, with the most expensive house in Chisholm, MN, topping out at $748,900.00 and the cheapest home in Chisholm, MN, clocking in at $14,994.00. In other words, there’s something for every potential homebuyer or savvy investor in Chisholm, MN!


Rent Prices In Chisholm, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Chisholm, MN, is on a rollercoaster ride. The average rent price in Chisholm, MN, is $980.00. Indeed, when looking to rent in Chisholm, MN, you can expect to pay as little as $470.00 or as much as $2,340.00, with the average rent median estimated to be $910.00. The good news is that finding an affordable and desirable property to rent in Chisholm, 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.


Top Reasons To Live In Chisholm, MN In 2024

Chisholm is located in St. Louis, Minnesota, with an estimated municipal population of 4,849 residents. All of the best foreclosed homes for sale in Chisholm are located in the following zip code areas on Foreclosure.com: 55719. The estimated population per square kilometer (.62 miles) in Chisholm is 417.


Cost Of Living In Chisholm, MN

So, about how much do homes cost in Chisholm? The most recent median value of resident-owned homes in Chisholm is 71,620. An estimated 69.4 percent of households in Chisholm own their homes, with an average family size of 2.93. The median household income in Chisholm is 40,294, with12.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Chisholm, the median commute time of resident workers (in minutes) is 17.8. And last, but certainly not least, are you looking for homes to rent in Chisholm? If so, the average rent price paid by renters in Chisholm is 604, according to recent statistics.


Diversity And Demographics In Chisholm, Minnesota

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Chisholm, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Chisholm is 41.8, split between 48.5 percent male versus 51.5 female. The percentage of residents who report being married in Chisholm is 40.1, with an average family size of 2.93.

The percentage of residents who report their race in Chisholm is as follows:

White 96.4%
Black / African American 0.7%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0.3%
Multi-racial 2.7%
Other 0%

Looking for family-friendly neighborhoods in and/or near Chisholm? Or maybe you are searching for 55+ active adult communities in and/or near Chisholm?

The percentage of residents who report their age in Chisholm is as follows:

Under 10 12.5%
Aged 10-19 13.6%
20s 11.3%
30s 10.2%
40s 7.2%
50s 14.9%
60s 21.2%
70s 4.9%
80+ 4.3%

Best Schools In Chisholm, Minnesota

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Chisholm with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Chisholm.


Pros And Cons Of Living In Chisholm, Minnesota

How do you know that living in -- or moving to -- Chisholm is right where you need to be? Perhaps you grew up in Chisholm or already live nearby; therefore, the decision to buy a home in Chisholm is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Chisholm for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Chisholm:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Chisholm.


Reasons To Move To Chisholm, Minnesota, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Chisholm can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Chisholm, meanwhile, can field multiple offers from more qualified buyers.

Chisholm, MN Foreclosures


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