Median real estate price in the City Center of Chisholm is $78,382, which is less expensive than 96.7% of Minnesota neighborhoods and 88.1% of all U.S. neighborhoods.
The average rental price in Chisholm City Center is currently $554, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 81.0% of Minnesota neighborhoods.
Chisholm City Center is a suburban neighborhood (based on population density) located in Chisholm, Minnesota.
Real estate in the City Center of Chisholm, MN is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the City Center neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Chisholm City Center has a 11.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 62.8% of American neighborhoods). This could either signal that there is weak demand for real estate in the neighborhood, or that much of the housing stock is seasonally occupied, which can occur in some markets dominated by colleges or vacation homes. Either way, if you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.