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Rent To Own Homes in Mounds View, MN

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View this home at Edgewood Dr Mounds View MN 55112
Preforeclosure
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Edgewood Dr
Mounds View, MN 55112
Single-Family
|
3 |
1.5
|
1,508
AUCTION: 04-04-2024
Single-Family
|
3 |
1.5
|
1,508
View this home at Belle Ln Mounds View MN 55112
Preforeclosure
VIEW DETAILS
Belle Ln
Mounds View, MN 55112
Single-Family
|
3 |
2
|
912
AUCTION: 05-23-2024
Single-Family
|
3 |
2
|
912
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Home Value Estimator For Mounds View, MN

There are currently 922 real estate properties in Mounds View, MN, with a median automated valuation model (AVM) price of $309,200.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mounds View, 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 Mounds View, MN, is $314,153.00, with the most expensive house in Mounds View, MN, topping out at $667,692.00 and the cheapest home in Mounds View, MN, clocking in at $154,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Mounds View, MN!


Rent Prices In Mounds View, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mounds View, MN, is on a rollercoaster ride. The average rent price in Mounds View, MN, is $1,590.00. Indeed, when looking to rent in Mounds View, MN, you can expect to pay as little as $1,080.00 or as much as $2,060.00, with the average rent median estimated to be $1,600.00. The good news is that finding an affordable and desirable property to rent in Mounds View, 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 Mounds View, MN In 2024

Mounds View is located in Ramsey, Minnesota, with an estimated municipal population of 13,324 residents. All of the best foreclosed homes for sale in Mounds View are located in the following zip code areas on Foreclosure.com: 55112. The estimated population per square kilometer (.62 miles) in Mounds View is 1,268.


Cost Of Living In Mounds View, MN

So, about how much do homes cost in Mounds View? The most recent median value of resident-owned homes in Mounds View is 204,375. An estimated 66.2 percent of households in Mounds View own their homes, with an average family size of 3.31. The median household income in Mounds View is 67,402, with28.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Mounds View, the median commute time of resident workers (in minutes) is 23.2. And last, but certainly not least, are you looking for homes to rent in Mounds View? If so, the average rent price paid by renters in Mounds View is 928, according to recent statistics.


Diversity And Demographics In Mounds View, 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 Mounds View, 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 Mounds View is 34.8, split between 48.2 percent male versus 51.8 female. The percentage of residents who report being married in Mounds View is 46.7, with an average family size of 3.31.

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

White 71.4%
Black / African American 6.2%
Asian 8.8%
American Indian / Alaskan Native 0.2%
Native Hawaiian / Other Pacifc Islander 0.4%
Multi-racial 7.5%
Other 5.4%

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

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

Under 10 17.2%
Aged 10-19 10.7%
20s 14.8%
30s 13.6%
40s 12.5%
50s 11.8%
60s 9.9%
70s 4.9%
80+ 4.7%

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


Pros And Cons Of Living In Mounds View, Minnesota

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

  • 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 Mounds View.


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

Mounds View, MN Rent To Own Homes


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