Foreclosures in Canby, MN

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106 Custer-ave-n-Canby-MN-56220
$260,000 List Price

Custer Ave N
Canby, MN 56220

2 Bed | 2 Bath | 1,876 Sq. Ft.

1 Highway-75-Canby-MN-56220
$54,900 List Price

Highway 75
Canby, MN 56220

3 Bed | 2 Bath

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Home Value Estimator For Canby, MN

There are currently 240 real estate properties in Canby, MN, with a median automated valuation model (AVM) price of $91,584.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Canby, 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 Canby, MN, is $112,710.00, with the most expensive house in Canby, MN, topping out at $799,500.00 and the cheapest home in Canby, MN, clocking in at $40,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Canby, MN!

Rent Prices In Canby, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Canby, MN, is on a rollercoaster ride. The average rent price in Canby, MN, is $895.00. Indeed, when looking to rent in Canby, MN, you can expect to pay as little as $570.00 or as much as $2,480.00, with the average rent median estimated to be $850.00. The good news is that finding an affordable and desirable property to rent in Canby, 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 Canby, MN

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

Top Reasons To Live In Canby, MN In 2021

Canby is located in Yellow Medicine, Minnesota, with an estimated municipal population of 1,671 residents. All of the best foreclosed homes for sale in Canby are located in the following zip code areas on 56220. The estimated population per square kilometer (.62 miles) in Canby is 284.

Cost Of Living In Canby, MN

So, about how much do homes cost in Canby? The most recent median value of resident-owned homes in Canby is 92,933. An estimated 77.9 percent of households in Canby own their homes, with an average family size of 2.67. The median household income in Canby is 49,280, with14.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Canby, the median commute time of resident workers (in minutes) is 17.6. And last, but certainly not least, are you looking for homes to rent in Canby? If so, the average rent price paid by renters in Canby is 458, according to recent statistics.

Diversity And Demographics In Canby, 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 Canby, 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 Canby is 51.4, split between 51.5 percent male versus 48.5 female. The percentage of residents who report being married in Canby is 56.3, with an average family size of 2.67.

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

White 98.4%
Black / African American 0%
Asian 0.4%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.2%
Other 0%

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

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

Under 10 8.9%
Aged 10-19 14.5%
20s 10.9%
30s 9.2%
40s 4.8%
50s 15.1%
60s 13.6%
70s 12.7%
80+ 10.3%

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

Pros And Cons Of Living In Canby, Minnesota

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

  • 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 Canby.

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


Listing types in Canby, MN

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