Wadena, MN Home Values & Market Trends

Real estate market trends reflect that there have been 125 transactions over the past year in Wadena. The median value for residential home transactions that occurred over the previous year is $178,937.86. The number of current listings in Wadena is 6, and the percentage of properties for sale in the city is 6.00%. Wadena, MN currently has 1 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 6 properties for sale.

Wadena, MN Real Estate Market Overview

ZipMedian Est. Value
56482

$ 297,450

$ 128/sqft

Housing Market Summary for Wadena, MN

Apr 2023March 2024Change
Median Listing Price$249.9K$150.6K-39.72%
Median Sold Price$163.9K$150.6K-8.07%
Homes For Sale36100.00%
Homes Sold608948.33%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in Wadena, MN

Wadena home values range from $19,261 to $3,116,757. The median estimated value of a home in Wadena is $178,937.86. The median list price of a home is 292,450, and the total count of properties in the city is 2,468.

Foreclosure
There is 1 zips within Wadena, MN; within this zips, the median estimated home value for homes in foreclosure ranges from $0 in 56482 to the lowest value of $0 in 56482. Foreclosure homes account for 0.00% of properties in Wadena, MN with 56482 containing 1 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Wadena, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Wadena, MN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Wadena, MN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Wadena, MN. There is 1 zips within Wadena, MN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    56482 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Wadena, MN. Auction homes and other auction properties account for 0.04% of all properties in Wadena, MN. There is 1 zips within Wadena, MN; of that zips, the median estimated home value for homes going to auction ranges from $0 in 56482 to the lowest value of $0 in 56482.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.24% of residential properties in Wadena, MN with 56482 containing 6 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Wadena, MN; homes for sale in that zips, have a range of median values from $667,206 in 56482 to the lowest value of $149,900 in 56482.
    Sold Homes
    The median value for recently sold homes ranges from $620,276 in 56482 to the lowest price of $30,033 in 56482. There is 1 zips within Wadena, MN. 56482 has 81 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.28% of properties in Wadena, MN.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Wadena, MN
      $
      $

      Guide for Wadena, MN

      Market Reports
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports
      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      See More Articles
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports|posted 26 March 2024

      Overview of the real estate trends in Saint Paul over the past year, analyzing various aspects like sale prices, property values, market activity, and market dynamics on a monthly basis, discussing influences such as economic conditions, interest rates, seasonal changes, and local employment levels.

      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Market Reports|posted 14 March 2024

      The article provides a comprehensive analysis of real estate market trends in Minneapolis and its surrounding cities, highlighting various shifts in property values and sales. The observations reflect a diverse and dynamic market catering to varying buyer preferences and budgets.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Recently Listed Homes Wadena, MN

      No data to show