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Foreclosure Homes in Bovey, MN

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38 Eden-loop-rd-Bovey-MN-55709
Foreclosure
$230,000 List Price

Eden Loop Rd
Bovey, MN 55709

2 Bed | 2 Bath

6 Birch-dr-Bovey-MN-55709
Foreclosure
$121,975 EMV

Birch Dr
Bovey, MN 55709

3 Bed | 2 Bath | 1,431 Sq. Ft.

19 S-pinewood-dr-Bovey-MN-55709
As-Is Deal
$185,000 List Price

S Pinewood Dr
Bovey, MN 55709

3 Bed | 2 Bath | 1,344 Sq. Ft.

Displaying 1 - 3 of 3
 

Foreclosure Homes in Bovey, MN

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


Top Reasons To Live In Bovey, MN In 2021

Bovey is located in Itasca, Minnesota, with an estimated municipal population of 784 residents. All of the best foreclosed homes for sale in Bovey are located in the following zip code areas on Foreclosure.com: 55786 55709. The estimated population per square kilometer (.62 miles) in Bovey is 132.


Cost Of Living In Bovey, MN

So, about how much do homes cost in Bovey? The most recent median value of resident-owned homes in Bovey is 91,126. An estimated 68.6 percent of households in Bovey own their homes, with an average family size of 2.75. The median household income in Bovey is 43,864, with10 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Bovey, the median commute time of resident workers (in minutes) is 24.5. And last, but certainly not least, are you looking for homes to rent in Bovey? If so, the average rent price paid by renters in Bovey is 807, according to recent statistics.


Diversity And Demographics In Bovey, 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 Bovey, 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 Bovey is 35.4, split between 44.8 percent male versus 55.2 female. The percentage of residents who report being married in Bovey is 46.7, with an average family size of 2.75.

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

White 80.5%
Black / African American 0.5%
Asian 0.7%
American Indian / Alaskan Native 7.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 8.2%
Other 2.9%

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

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

Under 10 16.1%
Aged 10-19 12.5%
20s 12.6%
30s 13%
40s 9%
50s 17%
60s 10.5%
70s 5.5%
80+ 3.8%

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


Pros And Cons Of Living In Bovey, Minnesota

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

  • 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 Bovey.


Reasons To Move To Bovey, 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 Bovey can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Bovey, meanwhile, can field multiple offers from more qualified buyers.

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