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Foreclosure Homes in New Auburn, MN

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Home Value Estimator For New Auburn, MN

There are currently 1 real estate properties in New Auburn, MN, with a median automated valuation model (AVM) price of $124,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in New Auburn, 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 New Auburn, MN, is $124,500.00, with the most expensive house in New Auburn, MN, topping out at $124,500.00 and the cheapest home in New Auburn, MN, clocking in at $124,500.00. In other words, there’s something for every potential homebuyer or savvy investor in New Auburn, MN!


Rent Prices In New Auburn, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in New Auburn, MN, is on a rollercoaster ride. The average rent price in New Auburn, MN, is $1,110.00. Indeed, when looking to rent in New Auburn, MN, you can expect to pay as little as $1,110.00 or as much as $1,110.00, with the average rent median estimated to be $1,110.00. The good news is that finding an affordable and desirable property to rent in New Auburn, 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.


Foreclosure Homes in New Auburn, MN

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


Top Reasons To Live In New Auburn, MN In 2022

New Auburn is located in Sibley, Minnesota, with an estimated municipal population of 437 residents. All of the best foreclosed homes for sale in New Auburn are located in the following zip code areas on Foreclosure.com: 55366. The estimated population per square kilometer (.62 miles) in New Auburn is 247.


Cost Of Living In New Auburn, MN

So, about how much do homes cost in New Auburn? The most recent median value of resident-owned homes in New Auburn is 89,110. An estimated 60.7 percent of households in New Auburn own their homes, with an average family size of 2.75. The median household income in New Auburn is 32,363, with10.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in New Auburn, the median commute time of resident workers (in minutes) is 25.2. And last, but certainly not least, are you looking for homes to rent in New Auburn? If so, the average rent price paid by renters in New Auburn is 620, according to recent statistics.


Diversity And Demographics In New Auburn, 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 New Auburn, 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 New Auburn is 33.9, split between 49.5 percent male versus 50.5 female. The percentage of residents who report being married in New Auburn is 61.5, with an average family size of 2.75.

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

White 94.2%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.3%
Other 3.6%

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

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

Under 10 11.9%
Aged 10-19 11.7%
20s 24.9%
30s 10%
40s 6.8%
50s 11.1%
60s 15.1%
70s 5.6%
80+ 3%

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


Pros And Cons Of Living In New Auburn, Minnesota

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

  • 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 New Auburn.


Reasons To Move To New Auburn, Minnesota, In 2022

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

New Auburn, MN Foreclosures


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