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There are currently 6 real estate properties in Quamba, MN, with a median automated valuation model (AVM) price of $88,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Quamba, 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 Quamba, MN, is $150,117.00, with the most expensive house in Quamba, MN, topping out at $419,911.00 and the cheapest home in Quamba, MN, clocking in at $25,792.00. In other words, there’s something for every potential homebuyer or savvy investor in Quamba, MN!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Quamba, MN, is on a rollercoaster ride. The average rent price in Quamba, MN, is $1,010.00. Indeed, when looking to rent in Quamba, MN, you can expect to pay as little as $730.00 or as much as $1,490.00, with the average rent median estimated to be $970.00. The good news is that finding an affordable and desirable property to rent in Quamba, 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.
Quamba is located in Kanabec, Minnesota, with an estimated municipal population of 127 residents. All of the best foreclosed homes for sale in Quamba are located in the following zip code areas on Foreclosure.com: 55007 55051. The estimated population per square kilometer (.62 miles) in Quamba is 70.
So, about how much do homes cost in Quamba? The most recent median value of resident-owned homes in Quamba is 116,290. An estimated 88.6 percent of households in Quamba own their homes, with an average family size of 2.79. The median household income in Quamba is 53,750, with11.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Quamba, the median commute time of resident workers (in minutes) is 27.3. And last, but certainly not least, are you looking for homes to rent in Quamba? If so, the average rent price paid by renters in Quamba is 950, according to recent statistics.
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 Quamba, 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 Quamba is 47.6, split between 56.7 percent male versus 43.3 female. The percentage of residents who report being married in Quamba is 50, with an average family size of 2.79.
The percentage of residents who report their race in Quamba is as follows:
|Black / African American
|American Indian / Alaskan Native
|Native Hawaiian / Other Pacifc Islander
Looking for family-friendly neighborhoods in and/or near Quamba? Or maybe you are searching for 55+ active adult communities in and/or near Quamba?
The percentage of residents who report their age in Quamba is as follows:
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 Quamba with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Quamba.
How do you know that living in -- or moving to -- Quamba is right where you need to be? Perhaps you grew up in Quamba or already live nearby; therefore, the decision to buy a home in Quamba is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Quamba 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 Quamba:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Quamba.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Quamba can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Quamba, meanwhile, can field multiple offers from more qualified buyers.
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