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Foreclosure Homes in Leota, MN

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5 View this home at 2nd Ave Round Lake MN 56167
Preforeclosure
VIEW DETAILS
$102,764 EMV
2nd Ave
Round Lake, MN 56167
Single-Family
|
3 |
1
|
1,136
EST. RENT: $1,102
|
AUCTION: 05-09-2024
Single-Family
|
3 |
1
|
1,136
View this home at 9th Ave Worthington MN 56187
Preforeclosure
VIEW DETAILS
$159,162 EMV
9th Ave
Worthington, MN 56187
Single-Family
EST. RENT: $1,261
|
AUCTION: 05-10-2024
Single-Family
Displaying 1 - 8 of 8
 
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Top Reasons To Live In Leota, MN In 2024

Leota is located in Nobles, Minnesota, with an estimated municipal population of 192 residents. All of the best foreclosed homes for sale in Leota are located in the following zip code areas on Foreclosure.com: 56128 56153. The estimated population per square kilometer (.62 miles) in Leota is 54.


Cost Of Living In Leota, MN

So, about how much do homes cost in Leota? The most recent median value of resident-owned homes in Leota is 53,275. An estimated 90.4 percent of households in Leota own their homes, with an average family size of 2.78. The median household income in Leota is 46,875, with1.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Leota, the median commute time of resident workers (in minutes) is 20.3.


Diversity And Demographics In Leota, 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 Leota, 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 Leota is 46, split between 51 percent male versus 49 female. The percentage of residents who report being married in Leota is 61.7, with an average family size of 2.78.

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

White 96.4%
Black / African American 0%
Asian 2.1%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 1.6%

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

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

Under 10 9.9%
Aged 10-19 9.3%
20s 13.5%
30s 9.9%
40s 8.8%
50s 8.4%
60s 12.5%
70s 18.7%
80+ 8.8%

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


Pros And Cons Of Living In Leota, Minnesota

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

  • 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 Leota.


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

Leota, MN Foreclosures


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