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Foreclosures in Barnum, MN

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Bayview Dr
Barnum, MN 55707

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Home Value Estimator For Barnum, MN

There are currently 79 real estate properties in Barnum, MN, with a median automated valuation model (AVM) price of $217,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Barnum, 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 Barnum, MN, is $252,553.00, with the most expensive house in Barnum, MN, topping out at $592,400.00 and the cheapest home in Barnum, MN, clocking in at $111,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Barnum, MN!


Rent Prices In Barnum, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Barnum, MN, is on a rollercoaster ride. The average rent price in Barnum, MN, is $1,379.00. Indeed, when looking to rent in Barnum, MN, you can expect to pay as little as $910.00 or as much as $2,000.00, with the average rent median estimated to be $1,300.00. The good news is that finding an affordable and desirable property to rent in Barnum, 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.


Foreclosure Homes in Barnum, MN

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Barnum, MN area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Barnum, MN and much more. Save thousands at closing with home foreclosure listings in Barnum, MN — up to 75% off market value!


Top Reasons To Live In Barnum, MN In 2021

Barnum is located in Carlton, Minnesota, with an estimated municipal population of 600 residents. All of the best foreclosed homes for sale in Barnum are located in the following zip code areas on Foreclosure.com: 55707. The estimated population per square kilometer (.62 miles) in Barnum is 229.


Diversity And Demographics In Barnum, 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 Barnum, 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 Barnum is 35.1, split between 45.5 percent male versus 54.5 female. The percentage of residents who report being married in Barnum is 41.9, with an average family size of 2.83.

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

White 96%
Black / African American 0.2%
Asian 0.5%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.4%
Other 0%

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

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

Under 10 12.5%
Aged 10-19 20.3%
20s 13.2%
30s 11.9%
40s 16.4%
50s 9.7%
60s 9.7%
70s 4.5%
80+ 1.8%

Best Schools In Barnum, 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 Barnum with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Barnum.


Pros And Cons Of Living In Barnum, Minnesota

How do you know that living in -- or moving to -- Barnum is right where you need to be? Perhaps you grew up in Barnum or already live nearby; therefore, the decision to buy a home in Barnum is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Barnum 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 Barnum:

  • 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 Barnum.


Reasons To Move To Barnum, Minnesota, In 2021

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

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Listing types in Barnum, MN

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