Foreclosure Homes in Bingham Lake, MN

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14 View this home at 3rd Ave Windom MN 56101
Fixer Upper
$134,000 List Price

4 Bed | 2 Bath | 2,368 Sq. Ft.

21 View this home at 2nd Ave N Windom MN 56101
$153,664 EMV

4 Bed | 2 Bath | 1,801 Sq. Ft.

Displaying 11 - 12 of 12

Foreclosure Homes in Bingham Lake, MN

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

Top Reasons To Live In Bingham Lake, MN In 2023

Bingham Lake is located in Cottonwood, Minnesota, with an estimated municipal population of 124 residents. All of the best foreclosed homes for sale in Bingham Lake are located in the following zip code areas on 56118. The estimated population per square kilometer (.62 miles) in Bingham Lake is 63.

Diversity And Demographics In Bingham Lake, 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 Bingham Lake, 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 Bingham Lake is 26.1, split between 41.5 percent male versus 58.5 female. The percentage of residents who report being married in Bingham Lake is 70.2, with an average family size of 2.73.

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

White 79.5%
Black / African American 17%
Asian 3.5%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0%

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

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

Under 10 18.2%
Aged 10-19 14.1%
20s 21%
30s 8.1%
40s 10.5%
50s 14.6%
60s 7%
70s 4.1%
80+ 2.4%

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

Pros And Cons Of Living In Bingham Lake, Minnesota

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

  • 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 Bingham Lake.

Reasons To Move To Bingham Lake, Minnesota, In 2023

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

Bingham Lake, MN Foreclosures


Listing types in Bingham Lake, MN

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