There are currently 237 real estate properties in Kerrick, MN, with a median automated valuation model (AVM) price of $214,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Kerrick, 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 Kerrick, MN, is $231,339.00, with the most expensive house in Kerrick, MN, topping out at $771,000.00 and the cheapest home in Kerrick, MN, clocking in at $31,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Kerrick, MN!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Kerrick, MN, is on a rollercoaster ride. The average rent price in Kerrick, MN, is $1,305.00. Indeed, when looking to rent in Kerrick, MN, you can expect to pay as little as $680.00 or as much as $2,600.00, with the average rent median estimated to be $1,300.00. The good news is that finding an affordable and desirable property to rent in Kerrick, 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 Kerrick, MN area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Kerrick, MN and much more. Save thousands at closing with home foreclosure listings in Kerrick, MN — up to 75% off market value!
Kerrick is located in Pine, Minnesota, with an estimated municipal population of 63 residents. All of the best foreclosed homes for sale in Kerrick are located in the following zip code areas on Foreclosure.com: 55712 55756. The estimated population per square kilometer (.62 miles) in Kerrick is 24.
So, about how much do homes cost in Kerrick? The most recent median value of resident-owned homes in Kerrick is 139,378. An estimated 100 percent of households in Kerrick own their homes, with an average family size of 2.5. The median household income in Kerrick is 65,714, with7.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Kerrick, the median commute time of resident workers (in minutes) is 59.4.
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 Kerrick, 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 Kerrick is 26.1, split between 54.1 percent male versus 45.9 female. The percentage of residents who report being married in Kerrick is 24.6, with an average family size of 2.5.
The percentage of residents who report their race in Kerrick 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 Kerrick? Or maybe you are searching for 55+ active adult communities in and/or near Kerrick?
The percentage of residents who report their age in Kerrick 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 Kerrick with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Kerrick.
How do you know that living in -- or moving to -- Kerrick is right where you need to be? Perhaps you grew up in Kerrick or already live nearby; therefore, the decision to buy a home in Kerrick is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Kerrick 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 Kerrick:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Kerrick.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Kerrick can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Kerrick, meanwhile, can field multiple offers from more qualified buyers.
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