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Preforeclosure Homes in Medford, MN

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E-vine-st-Owatonna-MN-55060
Preforeclosure
$156,945 EMV
Willow-ridge-pl-ne-Owatonna-MN-55060
Preforeclosure
$333,630 EMV
Beech-ave-Owatonna-MN-55060
Preforeclosure
$129,752 EMV
Shady-ave-Owatonna-MN-55060
Preforeclosure
$221,759 EMV
Truman-ave-Owatonna-MN-55060
Preforeclosure
$250,866 EMV

3 Bed | 2 Bath | 0 Sq. Ft.

3rd-st-ne-Blooming-prairie-MN-55917
Preforeclosure
$146,663 EMV

3 Bed | 1 Bath | 1,438 Sq. Ft.

4 Hobart-st-Owatonna-MN-55060
Preforeclosure
$176,204 EMV

3 Bed | 1 Bath

13th-st-ne-Owatonna-MN-55060
Preforeclosure
$281,749 EMV
N-pine-ave-Owatonna-MN-55060
Preforeclosure
$196,717 EMV

3 Bed | 2 Bath | 1,575 Sq. Ft.

Displaying 1 - 9 of 9
 

Foreclosure Homes in Medford, MN

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Medford, MN area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Medford, MN and much more. Save thousands at closing with home foreclosure listings in Medford, MN — up to 75% off market value!


Top Reasons To Live In Medford, MN In 2023

Medford is located in Steele, Minnesota, with an estimated municipal population of 1,256 residents. All of the best foreclosed homes for sale in Medford are located in the following zip code areas on Foreclosure.com: 55049. The estimated population per square kilometer (.62 miles) in Medford is 405.


Cost Of Living In Medford, MN

So, about how much do homes cost in Medford? The most recent median value of resident-owned homes in Medford is 162,764. An estimated 77.9 percent of households in Medford own their homes, with an average family size of 3.37. The median household income in Medford is 72,679, with29.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Medford, the median commute time of resident workers (in minutes) is 19.7. And last, but certainly not least, are you looking for homes to rent in Medford? If so, the average rent price paid by renters in Medford is 700, according to recent statistics.


Diversity And Demographics In Medford, 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 Medford, 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 Medford is 31.6, split between 48.6 percent male versus 51.4 female. The percentage of residents who report being married in Medford is 55.6, with an average family size of 3.37.

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

White 83.5%
Black / African American 0%
Asian 1.1%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.6%
Other 13.7%

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

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

Under 10 19.9%
Aged 10-19 17.3%
20s 11.2%
30s 14.3%
40s 15.3%
50s 9.4%
60s 6.5%
70s 3.3%
80+ 2.8%

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


Pros And Cons Of Living In Medford, Minnesota

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

  • 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 Medford.


Reasons To Move To Medford, Minnesota, In 2023

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Medford can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Medford, meanwhile, can field multiple offers from more qualified buyers.

Medford, MN Preforeclosure Homes


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