Cheap Homes in Brooklyn Center, MN

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Brooklyn Center, MN Foreclosures

How much do homes sell for in Brooklyn Center, MN?
The average home price is currently $262,692.
In Brooklyn Center, MN, how many homes are available?
There are currently 7,362 active home listings available in Brooklyn Center.
What’s the average rental cost in Brooklyn Center, MN?
The average rental price in Brooklyn Center is $1,618.
What is the most expensive home in Brooklyn Center, Minnesota?
The most expensive home sold in Brooklyn Center had a price of $4,320,252.
What is currently the cheapest priced home in Brooklyn Center, MN?
The cheapest home for sale in Brooklyn Center is priced at $47,255.

Home Value Estimator For Brooklyn Center, MN

There are currently 7,362 real estate properties in Brooklyn Center, MN, with a median automated valuation model (AVM) price of $262,088.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Brooklyn Center, 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 Brooklyn Center, MN, is $262,692.00, with the most expensive house in Brooklyn Center, MN, topping out at $4,320,252.00 and the cheapest home in Brooklyn Center, MN, clocking in at $47,255.00. In other words, there’s something for every potential homebuyer or savvy investor in Brooklyn Center, MN!

Rent Prices In Brooklyn Center, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Brooklyn Center, MN, is on a rollercoaster ride. The average rent price in Brooklyn Center, MN, is $1,618.00. Indeed, when looking to rent in Brooklyn Center, MN, you can expect to pay as little as $810.00 or as much as $2,800.00, with the average rent median estimated to be $1,620.00. The good news is that finding an affordable and desirable property to rent in Brooklyn Center, 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.

Top Reasons To Live In Brooklyn Center, MN In 2024

Brooklyn Center is located in Hennepin, Minnesota, with an estimated municipal population of 30,690 residents. All of the best foreclosed homes for sale in Brooklyn Center are located in the following zip code areas on 55429 55430. The estimated population per square kilometer (.62 miles) in Brooklyn Center is 1,480.

Cost Of Living In Brooklyn Center, MN

So, about how much do homes cost in Brooklyn Center? The most recent median value of resident-owned homes in Brooklyn Center is 172,898. An estimated 60.7 percent of households in Brooklyn Center own their homes, with an average family size of 3.61. The median household income in Brooklyn Center is 59,550, with20.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Brooklyn Center, the median commute time of resident workers (in minutes) is 24.7. And last, but certainly not least, are you looking for homes to rent in Brooklyn Center? If so, the average rent price paid by renters in Brooklyn Center is 1,083, according to recent statistics.

Diversity And Demographics In Brooklyn Center, 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 Brooklyn Center, 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 Brooklyn Center is 31.9, split between 47.9 percent male versus 52.1 female. The percentage of residents who report being married in Brooklyn Center is 40, with an average family size of 3.61.

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

White 44.5%
Black / African American 29%
Asian 16.3%
American Indian / Alaskan Native 0.4%
Native Hawaiian / Other Pacifc Islander 0.1%
Multi-racial 2.7%
Other 7%

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

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

Under 10 17.6%
Aged 10-19 12.7%
20s 15.5%
30s 16.9%
40s 10.8%
50s 11.6%
60s 7.7%
70s 3.9%
80+ 3.4%

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

Pros And Cons Of Living In Brooklyn Center, Minnesota

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

  • 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 Brooklyn Center.

Reasons To Move To Brooklyn Center, Minnesota, In 2024

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

Cheap Homes in Brooklyn Center, MN


Listing types in Brooklyn Center, MN

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