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Foreclosure Homes in Emily, MN

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Emily, MN Foreclosures

How much do homes sell for in Emily, MN?
The average home price is currently $385,476.
In Emily, MN, how many homes are available?
There are currently 1,315 active home listings available in Emily.
What’s the average rental cost in Emily, MN?
The average rental price in Emily is $1,428.
What is the most expensive home in Emily, Minnesota?
The most expensive home sold in Emily had a price of $1,535,000.
What is currently the cheapest priced home in Emily, MN?
The cheapest home for sale in Emily is priced at $18,461.

Home Value Estimator For Emily, MN

There are currently 1,315 real estate properties in Emily, MN, with a median automated valuation model (AVM) price of $349,262.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Emily, 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 Emily, MN, is $385,476.00, with the most expensive house in Emily, MN, topping out at $1,535,000.00 and the cheapest home in Emily, MN, clocking in at $18,461.00. In other words, there’s something for every potential homebuyer or savvy investor in Emily, MN!


Rent Prices In Emily, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Emily, MN, is on a rollercoaster ride. The average rent price in Emily, MN, is $1,428.00. Indeed, when looking to rent in Emily, MN, you can expect to pay as little as $640.00 or as much as $2,380.00, with the average rent median estimated to be $1,460.00. The good news is that finding an affordable and desirable property to rent in Emily, 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.


Top Reasons To Live In Emily, MN In 2024

Emily is located in Crow Wing, Minnesota, with an estimated municipal population of 840 residents. All of the best foreclosed homes for sale in Emily are located in the following zip code areas on Foreclosure.com: 56447. The estimated population per square kilometer (.62 miles) in Emily is 10.


Cost Of Living In Emily, MN

So, about how much do homes cost in Emily? The most recent median value of resident-owned homes in Emily is 261,783. An estimated 89.5 percent of households in Emily own their homes, with an average family size of 2.22. The median household income in Emily is 41,000, with12.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Emily, the median commute time of resident workers (in minutes) is 28.7. And last, but certainly not least, are you looking for homes to rent in Emily? If so, the average rent price paid by renters in Emily is 1,083, according to recent statistics.


Diversity And Demographics In Emily, 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 Emily, 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 Emily is 65.2, split between 48.4 percent male versus 51.6 female. The percentage of residents who report being married in Emily is 66.4, with an average family size of 2.22.

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

White 99%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1%
Other 0%

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

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

Under 10 3%
Aged 10-19 4.9%
20s 1.7%
30s 8.5%
40s 4.6%
50s 9.7%
60s 37%
70s 23.3%
80+ 7.6%

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


Pros And Cons Of Living In Emily, Minnesota

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

  • 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 Emily.


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

Emily, MN Foreclosures


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