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There are currently 10 real estate properties in Cobden, MN, with a median automated valuation model (AVM) price of $51,583.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cobden, 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 Cobden, MN, is $55,294.00, with the most expensive house in Cobden, MN, topping out at $86,870.00 and the cheapest home in Cobden, MN, clocking in at $26,400.00. In other words, there’s something for every potential homebuyer or savvy investor in Cobden, MN!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cobden, MN, is on a rollercoaster ride. The average rent price in Cobden, MN, is $937.00. Indeed, when looking to rent in Cobden, MN, you can expect to pay as little as $570.00 or as much as $1,420.00, with the average rent median estimated to be $910.00. The good news is that finding an affordable and desirable property to rent in Cobden, 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.
Cobden is located in Brown, Minnesota, with an estimated municipal population of 35 residents. All of the best foreclosed homes for sale in Cobden are located in the following zip code areas on Foreclosure.com: 56085. The estimated population per square kilometer (.62 miles) in Cobden is 13.
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 Cobden, 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 Cobden is 54, split between 45 percent male versus 55 female. The percentage of residents who report being married in Cobden is 52.9, with an average family size of 2.5.
The percentage of residents who report their race in Cobden is as follows:
| White | 100% |
| Black / African American | 0% |
| Asian | 0% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 0% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near Cobden? Or maybe you are searching for 55+ active adult communities in and/or near Cobden?
The percentage of residents who report their age in Cobden is as follows:
| Under 10 | 10% |
| Aged 10-19 | 10% |
| 20s | 0% |
| 30s | 20% |
| 40s | 0% |
| 50s | 25% |
| 60s | 15% |
| 70s | 15% |
| 80+ | 5% |
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 Cobden with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Cobden.
How do you know that living in -- or moving to -- Cobden is right where you need to be? Perhaps you grew up in Cobden or already live nearby; therefore, the decision to buy a home in Cobden is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Cobden 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 Cobden:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Cobden.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Cobden can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Cobden, meanwhile, can field multiple offers from more qualified buyers.
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