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Foreclosure Homes in Grand Rapids, MN

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3 Ne-1st-ave-Grand-rapids-MN-55744
Foreclosure
$123,080 EMV

Ne 1st Ave
Grand Rapids, MN 55744

2 Bed | 1 Bath | 988 Sq. Ft.

Elida-dr-Grand-rapids-MN-55744
Preforeclosure
$143,480 EMV

Elida Dr
Grand Rapids, MN 55744

| 1,330 Sq. Ft.

Ne-8th-st-Grand-rapids-MN-55744
Preforeclosure
$105,995 EMV

Ne 8th St
Grand Rapids, MN 55744

| 911 Sq. Ft.

Ne-8th-st-Grand-rapids-MN-55744
Bankruptcy
$85,085 EMV

Ne 8th St
Grand Rapids, MN 55744

| 608 Sq. Ft.

Displaying 1 - 4 of 4
 

Foreclosure Homes in Grand Rapids, MN

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


Top Reasons To Live In Grand Rapids, MN In 2021

Grand Rapids is located in Itasca, Minnesota, with an estimated municipal population of 11,214 residents. All of the best foreclosed homes for sale in Grand Rapids are located in the following zip code areas on Foreclosure.com: 55744 55730 55745. The estimated population per square kilometer (.62 miles) in Grand Rapids is 191.


Cost Of Living In Grand Rapids, MN

So, about how much do homes cost in Grand Rapids? The most recent median value of resident-owned homes in Grand Rapids is 151,769. An estimated 64.4 percent of households in Grand Rapids own their homes, with an average family size of 2.79. The median household income in Grand Rapids is 48,287, with17.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Grand Rapids, the median commute time of resident workers (in minutes) is 16.5. And last, but certainly not least, are you looking for homes to rent in Grand Rapids? If so, the average rent price paid by renters in Grand Rapids is 670, according to recent statistics.


Diversity And Demographics In Grand Rapids, 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 Grand Rapids, 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 Grand Rapids is 41.3, split between 48 percent male versus 52 female. The percentage of residents who report being married in Grand Rapids is 50.9, with an average family size of 2.79.

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

White 96%
Black / African American 0.3%
Asian 0.8%
American Indian / Alaskan Native 1.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.8%
Other 0%

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

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

Under 10 13.4%
Aged 10-19 10.8%
20s 12%
30s 11.8%
40s 9.8%
50s 12.6%
60s 12%
70s 9%
80+ 8.5%

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


Pros And Cons Of Living In Grand Rapids, Minnesota

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

  • 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 Grand Rapids.


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

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Listing types in Grand Rapids, MN

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