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Foreclosure Homes in Lino Lakes, MN

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View this home at White Oak Rd Lino Lakes MN 55038
Preforeclosure
VIEW DETAILS
$513,615 EMV
White Oak Rd
Lino Lakes, MN 55038
Single-Family
|
3 |
3
|
1,734
EST. RENT: $2,100
|
AUCTION: 04-16-2024
Single-Family
|
3 |
3
|
1,734
View this home at Ash St Lino Lakes MN 55126
Preforeclosure
VIEW DETAILS
Ash St
Lino Lakes, MN 55126
Single-Family
AUCTION: 05-23-2024
Single-Family
Displaying 1 - 10 of 16
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Lino Lakes, MN Foreclosures

How much do homes sell for in Lino Lakes, MN?
The average home price is currently $423,614.
In Lino Lakes, MN, how many homes are available?
There are currently 5,543 active home listings available in Lino Lakes.
What’s the average rental cost in Lino Lakes, MN?
The average rental price in Lino Lakes is $1,870.
What is the most expensive home in Lino Lakes, Minnesota?
The most expensive home sold in Lino Lakes had a price of $1,701,400.
What is currently the cheapest priced home in Lino Lakes, MN?
The cheapest home for sale in Lino Lakes is priced at $112,749.

Home Value Estimator For Lino Lakes, MN

There are currently 5,543 real estate properties in Lino Lakes, MN, with a median automated valuation model (AVM) price of $412,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lino Lakes, 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 Lino Lakes, MN, is $423,614.00, with the most expensive house in Lino Lakes, MN, topping out at $1,701,400.00 and the cheapest home in Lino Lakes, MN, clocking in at $112,749.00. In other words, there’s something for every potential homebuyer or savvy investor in Lino Lakes, MN!


Rent Prices In Lino Lakes, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lino Lakes, MN, is on a rollercoaster ride. The average rent price in Lino Lakes, MN, is $1,870.00. Indeed, when looking to rent in Lino Lakes, MN, you can expect to pay as little as $870.00 or as much as $3,540.00, with the average rent median estimated to be $1,820.00. The good news is that finding an affordable and desirable property to rent in Lino Lakes, 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 Lino Lakes, MN In 2024

Lino Lakes is located in Anoka, Minnesota, with an estimated municipal population of 22,119 residents. All of the best foreclosed homes for sale in Lino Lakes are located in the following zip code areas on Foreclosure.com: 55014 55038. The estimated population per square kilometer (.62 miles) in Lino Lakes is 302.


Cost Of Living In Lino Lakes, MN

So, about how much do homes cost in Lino Lakes? The most recent median value of resident-owned homes in Lino Lakes is 292,612. An estimated 92.2 percent of households in Lino Lakes own their homes, with an average family size of 3.25. The median household income in Lino Lakes is 115,368, with58.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lino Lakes, the median commute time of resident workers (in minutes) is 27.1. And last, but certainly not least, are you looking for homes to rent in Lino Lakes? If so, the average rent price paid by renters in Lino Lakes is 1,363, according to recent statistics.


Diversity And Demographics In Lino Lakes, 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 Lino Lakes, 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 Lino Lakes is 39.6, split between 52.1 percent male versus 47.9 female. The percentage of residents who report being married in Lino Lakes is 60.9, with an average family size of 3.25.

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

White 90.9%
Black / African American 2%
Asian 2.8%
American Indian / Alaskan Native 0.5%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.1%
Other 0.6%

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

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

Under 10 11.8%
Aged 10-19 15.2%
20s 10.9%
30s 12.6%
40s 14.4%
50s 19.5%
60s 10.9%
70s 3.4%
80+ 1.3%

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


Pros And Cons Of Living In Lino Lakes, Minnesota

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

  • 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 Lino Lakes.


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

Lino Lakes, MN Foreclosures


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