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Foreclosures in Ceylon, MN

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View this home at Fairview Ave Fairmont MN 56031
Preforeclosure
VIEW DETAILS
$92,602 EMV
Fairview Ave
Fairmont, MN 56031
Single-Family
|
3 |
1
|
1,233
EST. RENT: $1,141
|
AUCTION: 04-25-2024
Single-Family
|
3 |
1
|
1,233
5 View this home at Albion Ave Fairmont MN 56031
Preforeclosure
VIEW DETAILS
$126,685 EMV
Albion Ave
Fairmont, MN 56031
Single-Family
|
3 |
2
|
1,530
EST. RENT: $1,211
|
AUCTION: 04-30-2024
Single-Family
|
3 |
2
|
1,530
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Top Reasons To Live In Ceylon, MN In 2024

Ceylon is located in Martin, Minnesota, with an estimated municipal population of 339 residents. All of the best foreclosed homes for sale in Ceylon are located in the following zip code areas on Foreclosure.com: 56121. The estimated population per square kilometer (.62 miles) in Ceylon is 256.


Cost Of Living In Ceylon, MN

So, about how much do homes cost in Ceylon? The most recent median value of resident-owned homes in Ceylon is 36,683. An estimated 82.7 percent of households in Ceylon own their homes, with an average family size of 2.72. The median household income in Ceylon is 42,500, with6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Ceylon, the median commute time of resident workers (in minutes) is 24.1. And last, but certainly not least, are you looking for homes to rent in Ceylon? If so, the average rent price paid by renters in Ceylon is 578, according to recent statistics.


Diversity And Demographics In Ceylon, 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 Ceylon, 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 Ceylon is 40.8, split between 52.4 percent male versus 47.6 female. The percentage of residents who report being married in Ceylon is 48.4, with an average family size of 2.72.

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

White 98.5%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.5%
Other 0%

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

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

Under 10 9.9%
Aged 10-19 13.2%
20s 16.2%
30s 9.3%
40s 15%
50s 11.1%
60s 9.9%
70s 9%
80+ 6%

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


Pros And Cons Of Living In Ceylon, Minnesota

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

  • 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 Ceylon.


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

Ceylon, MN Foreclosures


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