Foreclosure Homes in Howard Lake, MN

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5 View this home at Keats Ave Sw Howard Lake MN 55349
$388,383 EMV
Keats Ave Sw
Howard Lake, MN 55349
2 |
EST. RENT: $1,650
AUCTION: 04-25-2024
2 |
3 View this home at 7th St Howard Lake MN 55349
$193,720 EMV
7th St
Howard Lake, MN 55349
3 |
EST. RENT: $1,100
AUCTION: 05-16-2024
3 |
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Howard Lake, MN Foreclosures

How much do homes sell for in Howard Lake, MN?
The average home price is currently $319,847.
In Howard Lake, MN, how many homes are available?
There are currently 1,278 active home listings available in Howard Lake.
What’s the average rental cost in Howard Lake, MN?
The average rental price in Howard Lake is $1,317.
What is the most expensive home in Howard Lake, Minnesota?
The most expensive home sold in Howard Lake had a price of $1,569,554.
What is currently the cheapest priced home in Howard Lake, MN?
The cheapest home for sale in Howard Lake is priced at $34,656.

Home Value Estimator For Howard Lake, MN

There are currently 1,278 real estate properties in Howard Lake, MN, with a median automated valuation model (AVM) price of $291,559.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Howard Lake, 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 Howard Lake, MN, is $319,847.00, with the most expensive house in Howard Lake, MN, topping out at $1,569,554.00 and the cheapest home in Howard Lake, MN, clocking in at $34,656.00. In other words, there’s something for every potential homebuyer or savvy investor in Howard Lake, MN!

Rent Prices In Howard Lake, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Howard Lake, MN, is on a rollercoaster ride. The average rent price in Howard Lake, MN, is $1,317.00. Indeed, when looking to rent in Howard Lake, MN, you can expect to pay as little as $610.00 or as much as $3,400.00, with the average rent median estimated to be $1,270.00. The good news is that finding an affordable and desirable property to rent in Howard Lake, 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 Howard Lake, MN In 2024

Howard Lake is located in Wright, Minnesota, with an estimated municipal population of 2,136 residents. All of the best foreclosed homes for sale in Howard Lake are located in the following zip code areas on 55349 55575. The estimated population per square kilometer (.62 miles) in Howard Lake is 444.

Cost Of Living In Howard Lake, MN

So, about how much do homes cost in Howard Lake? The most recent median value of resident-owned homes in Howard Lake is 157,538. An estimated 58.8 percent of households in Howard Lake own their homes, with an average family size of 3.02. The median household income in Howard Lake is 52,731, with23.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Howard Lake, the median commute time of resident workers (in minutes) is 27.8. And last, but certainly not least, are you looking for homes to rent in Howard Lake? If so, the average rent price paid by renters in Howard Lake is 774, according to recent statistics.

Diversity And Demographics In Howard Lake, 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 Howard Lake, 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 Howard Lake is 40.1, split between 45.8 percent male versus 54.2 female. The percentage of residents who report being married in Howard Lake is 52.8, with an average family size of 3.02.

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

White 95.5%
Black / African American 2.6%
Asian 0.4%
American Indian / Alaskan Native 0.3%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.3%
Other 0%

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

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

Under 10 12.1%
Aged 10-19 13.7%
20s 6.3%
30s 17.9%
40s 13.4%
50s 14.3%
60s 7%
70s 8.8%
80+ 6.6%

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

Pros And Cons Of Living In Howard Lake, Minnesota

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

  • 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 Howard Lake.

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

Howard Lake, MN Foreclosures


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