There are currently 825 real estate properties in Bayport, MN, with a median automated valuation model (AVM) price of $317,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bayport, 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 Bayport, MN, is $373,804.00, with the most expensive house in Bayport, MN, topping out at $1,299,200.00 and the cheapest home in Bayport, MN, clocking in at $129,700.00. In other words, there’s something for every potential homebuyer or savvy investor in Bayport, MN!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bayport, MN, is on a rollercoaster ride. The average rent price in Bayport, MN, is $1,777.00. Indeed, when looking to rent in Bayport, MN, you can expect to pay as little as $1,010.00 or as much as $3,480.00, with the average rent median estimated to be $1,630.00. The good news is that finding an affordable and desirable property to rent in Bayport, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Bayport, MN area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Bayport, MN and much more. Save thousands at closing with home foreclosure listings in Bayport, MN — up to 75% off market value!
Bayport is located in Washington, Minnesota, with an estimated municipal population of 3,765 residents. All of the best foreclosed homes for sale in Bayport are located in the following zip code areas on Foreclosure.com: 55003. The estimated population per square kilometer (.62 miles) in Bayport is 825.
So, about how much do homes cost in Bayport? The most recent median value of resident-owned homes in Bayport is 249,165. An estimated 71.6 percent of households in Bayport own their homes, with an average family size of 3.03. The median household income in Bayport is 78,221, with38.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Bayport, the median commute time of resident workers (in minutes) is 23.1. And last, but certainly not least, are you looking for homes to rent in Bayport? If so, the average rent price paid by renters in Bayport is 1,343, 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 Bayport, 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 Bayport is 37.8, split between 61.4 percent male versus 38.6 female. The percentage of residents who report being married in Bayport is 43.5, with an average family size of 3.03.
The percentage of residents who report their race in Bayport is as follows:
|Black / African American||12.5%|
|American Indian / Alaskan Native||3.4%|
|Native Hawaiian / Other Pacifc Islander||0.1%|
Looking for family-friendly neighborhoods in and/or near Bayport? Or maybe you are searching for 55+ active adult communities in and/or near Bayport?
The percentage of residents who report their age in Bayport 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 Bayport with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Bayport.
How do you know that living in -- or moving to -- Bayport is right where you need to be? Perhaps you grew up in Bayport or already live nearby; therefore, the decision to buy a home in Bayport is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Bayport 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 Bayport:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Bayport.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Bayport can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Bayport, meanwhile, can field multiple offers from more qualified buyers.
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