There are currently 27 real estate properties in Garvin, MN, with a median automated valuation model (AVM) price of $363,100.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Garvin, 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 Garvin, MN, is $412,445.00, with the most expensive house in Garvin, MN, topping out at $1,235,000.00 and the cheapest home in Garvin, MN, clocking in at $51,700.00. In other words, there’s something for every potential homebuyer or savvy investor in Garvin, MN!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Garvin, MN, is on a rollercoaster ride. The average rent price in Garvin, MN, is $1,043.00. Indeed, when looking to rent in Garvin, MN, you can expect to pay as little as $800.00 or as much as $1,490.00, with the average rent median estimated to be $840.00. The good news is that finding an affordable and desirable property to rent in Garvin, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Garvin, MN area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Garvin, MN and much more. Save thousands at closing with home foreclosure listings in Garvin, MN — up to 75% off market value!
Garvin is located in Lyon, Minnesota, with an estimated municipal population of 131 residents. All of the best foreclosed homes for sale in Garvin are located in the following zip code areas on Foreclosure.com: 56132. The estimated population per square kilometer (.62 miles) in Garvin is 180.
So, about how much do homes cost in Garvin? The most recent median value of resident-owned homes in Garvin is 55,712. An estimated 67.8 percent of households in Garvin own their homes, with an average family size of 2.61. The median household income in Garvin is 52,813, with10.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Garvin, the median commute time of resident workers (in minutes) is 28.1. And last, but certainly not least, are you looking for homes to rent in Garvin? If so, the average rent price paid by renters in Garvin is 705, according to recent statistics.
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 Garvin, 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 Garvin is 42.7, split between 55.4 percent male versus 44.6 female. The percentage of residents who report being married in Garvin is 44.7, with an average family size of 2.61.
The percentage of residents who report their race in Garvin is as follows:
|Black / African American||0%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Garvin? Or maybe you are searching for 55+ active adult communities in and/or near Garvin?
The percentage of residents who report their age in Garvin is as follows:
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 Garvin with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Garvin.
How do you know that living in -- or moving to -- Garvin is right where you need to be? Perhaps you grew up in Garvin or already live nearby; therefore, the decision to buy a home in Garvin is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Garvin 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 Garvin:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Garvin.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Garvin can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Garvin, meanwhile, can field multiple offers from more qualified buyers.
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