There are currently 869 real estate properties in Grey Eagle, MN, with a median automated valuation model (AVM) price of $415,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Grey Eagle, 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 Grey Eagle, MN, is $427,093.00, with the most expensive house in Grey Eagle, MN, topping out at $2,422,292.00 and the cheapest home in Grey Eagle, MN, clocking in at $23,757.00. In other words, there’s something for every potential homebuyer or savvy investor in Grey Eagle, MN!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Grey Eagle, MN, is on a rollercoaster ride. The average rent price in Grey Eagle, MN, is $1,395.00. Indeed, when looking to rent in Grey Eagle, MN, you can expect to pay as little as $570.00 or as much as $3,320.00, with the average rent median estimated to be $1,380.00. The good news is that finding an affordable and desirable property to rent in Grey Eagle, 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.
Grey Eagle is located in Todd, Minnesota, with an estimated municipal population of 329 residents. All of the best foreclosed homes for sale in Grey Eagle are located in the following zip code areas on Foreclosure.com: 56336. The estimated population per square kilometer (.62 miles) in Grey Eagle is 356.
So, about how much do homes cost in Grey Eagle? The most recent median value of resident-owned homes in Grey Eagle is 98,028. An estimated 70.1 percent of households in Grey Eagle own their homes, with an average family size of 2.96. The median household income in Grey Eagle is 36,167, with11.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Grey Eagle, the median commute time of resident workers (in minutes) is 24.9. And last, but certainly not least, are you looking for homes to rent in Grey Eagle? If so, the average rent price paid by renters in Grey Eagle is 504, 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 Grey Eagle, 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 Grey Eagle is 54, split between 55.4 percent male versus 44.6 female. The percentage of residents who report being married in Grey Eagle is 59.1, with an average family size of 2.96.
The percentage of residents who report their race in Grey Eagle is as follows:
White | 97.7% |
Black / African American | 0% |
Asian | 0% |
American Indian / Alaskan Native | 0% |
Native Hawaiian / Other Pacifc Islander | 0% |
Multi-racial | 1.6% |
Other | 0.7% |
Looking for family-friendly neighborhoods in and/or near Grey Eagle? Or maybe you are searching for 55+ active adult communities in and/or near Grey Eagle?
The percentage of residents who report their age in Grey Eagle is as follows:
Under 10 | 13.1% |
Aged 10-19 | 5.5% |
20s | 2.9% |
30s | 10.8% |
40s | 12.4% |
50s | 12.7% |
60s | 16% |
70s | 15% |
80+ | 11.7% |
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 Grey Eagle with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Grey Eagle.
How do you know that living in -- or moving to -- Grey Eagle is right where you need to be? Perhaps you grew up in Grey Eagle or already live nearby; therefore, the decision to buy a home in Grey Eagle is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Grey Eagle 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 Grey Eagle:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Grey Eagle.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Grey Eagle can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Grey Eagle, meanwhile, can field multiple offers from more qualified buyers.
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