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Foreclosure Homes in North Oaks, MN

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Home Value Estimator For North Oaks, MN

There are currently 448 real estate properties in North Oaks, MN, with a median automated valuation model (AVM) price of $693,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in North Oaks, 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 North Oaks, MN, is $782,581.00, with the most expensive house in North Oaks, MN, topping out at $2,455,200.00 and the cheapest home in North Oaks, MN, clocking in at $399,300.00. In other words, there’s something for every potential homebuyer or savvy investor in North Oaks, MN!


Rent Prices In North Oaks, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in North Oaks, MN, is on a rollercoaster ride. The average rent price in North Oaks, MN, is $2,860.00. Indeed, when looking to rent in North Oaks, MN, you can expect to pay as little as $1,800.00 or as much as $4,420.00, with the average rent median estimated to be $2,720.00. The good news is that finding an affordable and desirable property to rent in North Oaks, 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 North Oaks, MN

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


Top Reasons To Live In North Oaks, MN In 2021

North Oaks is located in Ramsey, Minnesota, with an estimated municipal population of 5,351 residents. All of the best foreclosed homes for sale in North Oaks are located in the following zip code areas on Foreclosure.com: 55127. The estimated population per square kilometer (.62 miles) in North Oaks is 298.


Cost Of Living In North Oaks, MN

So, about how much do homes cost in North Oaks? The most recent median value of resident-owned homes in North Oaks is 639,902. An estimated 77 percent of households in North Oaks own their homes, with an average family size of 2.88. The median household income in North Oaks is 178,816, with68.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in North Oaks, the median commute time of resident workers (in minutes) is 27. And last, but certainly not least, are you looking for homes to rent in North Oaks? If so, the average rent price paid by renters in North Oaks is 2,614, according to recent statistics.


Diversity And Demographics In North Oaks, 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 North Oaks, 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 North Oaks is 55.9, split between 46.5 percent male versus 53.5 female. The percentage of residents who report being married in North Oaks is 72.3, with an average family size of 2.88.

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

White 90.7%
Black / African American 0.8%
Asian 7%
American Indian / Alaskan Native 0.4%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.6%
Other 0.6%

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

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

Under 10 9.2%
Aged 10-19 10.1%
20s 5.7%
30s 9.4%
40s 7.4%
50s 17.4%
60s 15.7%
70s 11.8%
80+ 13.4%

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


Pros And Cons Of Living In North Oaks, Minnesota

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

  • 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 North Oaks.


Reasons To Move To North Oaks, Minnesota, In 2021

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

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