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Foreclosures in Cass Lake, MN

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10 Us-2-nw-Cass-lake-MN-56633
As-Is Deal
$49,000 List Price

Us 2 Nw
Cass Lake, MN 56633

3 Bed | 2 Bath

Displaying 1 - 1 of 1
 

Home Value Estimator For Cass Lake, MN

There are currently 1,214 real estate properties in Cass Lake, MN, with a median automated valuation model (AVM) price of $206,100.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cass Lake, 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 Cass Lake, MN, is $239,452.00, with the most expensive house in Cass Lake, MN, topping out at $2,665,600.00 and the cheapest home in Cass Lake, MN, clocking in at $40,300.00. In other words, there’s something for every potential homebuyer or savvy investor in Cass Lake, MN!


Rent Prices In Cass Lake, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cass Lake, MN, is on a rollercoaster ride. The average rent price in Cass Lake, MN, is $1,252.00. Indeed, when looking to rent in Cass Lake, MN, you can expect to pay as little as $520.00 or as much as $2,900.00, with the average rent median estimated to be $1,230.00. The good news is that finding an affordable and desirable property to rent in Cass Lake, 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 Cass 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 Cass Lake, MN area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Cass Lake, MN and much more. Save thousands at closing with home foreclosure listings in Cass Lake, MN — up to 75% off market value!


Top Reasons To Live In Cass Lake, MN In 2021

Cass Lake is located in Cass, Minnesota, with an estimated municipal population of 756 residents. All of the best foreclosed homes for sale in Cass Lake are located in the following zip code areas on Foreclosure.com: 56633. The estimated population per square kilometer (.62 miles) in Cass Lake is 253.


Cost Of Living In Cass Lake, MN

So, about how much do homes cost in Cass Lake? The most recent median value of resident-owned homes in Cass Lake is 42,741. An estimated 43.5 percent of households in Cass Lake own their homes, with an average family size of 3.01. The median household income in Cass Lake is 22,422, with5.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Cass Lake, the median commute time of resident workers (in minutes) is 12.9. And last, but certainly not least, are you looking for homes to rent in Cass Lake? If so, the average rent price paid by renters in Cass Lake is 488, according to recent statistics.


Diversity And Demographics In Cass 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 Cass 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 Cass Lake is 31.4, split between 47.9 percent male versus 52.1 female. The percentage of residents who report being married in Cass Lake is 20.8, with an average family size of 3.01.

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

White 19.3%
Black / African American 0.2%
Asian 2.1%
American Indian / Alaskan Native 71.6%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 6.2%
Other 0.8%

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

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

Under 10 22.8%
Aged 10-19 13.7%
20s 12.8%
30s 15.2%
40s 10.4%
50s 10.2%
60s 7.5%
70s 4.6%
80+ 2.9%

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


Pros And Cons Of Living In Cass Lake, Minnesota

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


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

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Listing types in Cass Lake, MN

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