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There are currently 80 real estate properties in Minneiska, MN, with a median automated valuation model (AVM) price of $212,706.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Minneiska, 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 Minneiska, MN, is $226,595.00, with the most expensive house in Minneiska, MN, topping out at $414,607.00 and the cheapest home in Minneiska, MN, clocking in at $29,546.00. In other words, there’s something for every potential homebuyer or savvy investor in Minneiska, MN!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Minneiska, MN, is on a rollercoaster ride. The average rent price in Minneiska, MN, is $1,381.00. Indeed, when looking to rent in Minneiska, MN, you can expect to pay as little as $990.00 or as much as $1,830.00, with the average rent median estimated to be $1,350.00. The good news is that finding an affordable and desirable property to rent in Minneiska, 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.
Minneiska is located in Winona, Minnesota, with an estimated municipal population of 108 residents. All of the best foreclosed homes for sale in Minneiska are located in the following zip code areas on Foreclosure.com: 55910. The estimated population per square kilometer (.62 miles) in Minneiska is 82.
So, about how much do homes cost in Minneiska? The most recent median value of resident-owned homes in Minneiska is 174,709. An estimated 84.3 percent of households in Minneiska own their homes, with an average family size of 2.43. The median household income in Minneiska is 62,917, with19.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Minneiska, the median commute time of resident workers (in minutes) is 25.2.
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 Minneiska, 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 Minneiska is 57, split between 53.8 percent male versus 46.2 female. The percentage of residents who report being married in Minneiska is 72.8, with an average family size of 2.43.
The percentage of residents who report their race in Minneiska is as follows:
| White | 99.1% |
| Black / African American | 0% |
| Asian | 0% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 0.9% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near Minneiska? Or maybe you are searching for 55+ active adult communities in and/or near Minneiska?
The percentage of residents who report their age in Minneiska is as follows:
| Under 10 | 3.8% |
| Aged 10-19 | 9.4% |
| 20s | 0% |
| 30s | 10.4% |
| 40s | 11.3% |
| 50s | 19.8% |
| 60s | 23.5% |
| 70s | 17.9% |
| 80+ | 3.8% |
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 Minneiska with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Minneiska.
How do you know that living in -- or moving to -- Minneiska is right where you need to be? Perhaps you grew up in Minneiska or already live nearby; therefore, the decision to buy a home in Minneiska is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Minneiska 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 Minneiska:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Minneiska.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Minneiska can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Minneiska, meanwhile, can field multiple offers from more qualified buyers.
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