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Bankruptcy Homes in Dennison, MN

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3rd-ave-Dennison-MN-55018
Bankruptcy
$173,230 EMV

3rd Ave
Dennison, MN 55018

| 1,200 Sq. Ft.

Displaying 1 - 1 of 1
 

Home Value Estimator For Dennison, MN

There are currently 147 real estate properties in Dennison, MN, with a median automated valuation model (AVM) price of $324,200.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Dennison, 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 Dennison, MN, is $330,068.00, with the most expensive house in Dennison, MN, topping out at $649,200.00 and the cheapest home in Dennison, MN, clocking in at $126,400.00. In other words, there’s something for every potential homebuyer or savvy investor in Dennison, MN!


Rent Prices In Dennison, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Dennison, MN, is on a rollercoaster ride. The average rent price in Dennison, MN, is $1,707.00. Indeed, when looking to rent in Dennison, MN, you can expect to pay as little as $1,070.00 or as much as $2,660.00, with the average rent median estimated to be $1,710.00. The good news is that finding an affordable and desirable property to rent in Dennison, 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 Dennison, MN

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


Top Reasons To Live In Dennison, MN In 2021

Dennison is located in Goodhue, Minnesota, with an estimated municipal population of 214 residents. All of the best foreclosed homes for sale in Dennison are located in the following zip code areas on Foreclosure.com: 55018. The estimated population per square kilometer (.62 miles) in Dennison is 65.


Cost Of Living In Dennison, MN

So, about how much do homes cost in Dennison? The most recent median value of resident-owned homes in Dennison is 168,180. An estimated 91.2 percent of households in Dennison own their homes, with an average family size of 3.33. The median household income in Dennison is 81,000, with32.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Dennison, the median commute time of resident workers (in minutes) is 35.2. And last, but certainly not least, are you looking for homes to rent in Dennison? If so, the average rent price paid by renters in Dennison is 1,188, according to recent statistics.


Diversity And Demographics In Dennison, 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 Dennison, 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 Dennison is 36.9, split between 52 percent male versus 48 female. The percentage of residents who report being married in Dennison is 66.4, with an average family size of 3.33.

The percentage of residents who report their race in Dennison 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 Dennison? Or maybe you are searching for 55+ active adult communities in and/or near Dennison?

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

Under 10 19.8%
Aged 10-19 10.9%
20s 4.5%
30s 18.3%
40s 10.9%
50s 16.8%
60s 12.4%
70s 5.9%
80+ 0.5%

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


Pros And Cons Of Living In Dennison, Minnesota

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

  • 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 Dennison.


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

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