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Foreclosure Homes in Olivia, MN

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6 View this home at E Depue Ave Olivia MN 56277
Foreclosure
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$184,819 EMV
E Depue Ave
Olivia, MN 56277
Single-Family
|
3 |
1.5
|
1,394
EST. RENT: $1,230
|
AUCTION: 04-01-2024
Single-Family
|
3 |
1.5
|
1,394
Displaying 1 - 1 of 1
 
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Olivia, MN Foreclosures

How much do homes sell for in Olivia, MN?
The average home price is currently $259,233.
In Olivia, MN, how many homes are available?
There are currently 1,100 active home listings available in Olivia.
What’s the average rental cost in Olivia, MN?
The average rental price in Olivia is $1,231.
What is the most expensive home in Olivia, Minnesota?
The most expensive home sold in Olivia had a price of $4,352,633.
What is currently the cheapest priced home in Olivia, MN?
The cheapest home for sale in Olivia is priced at $16,805.

Home Value Estimator For Olivia, MN

There are currently 1,100 real estate properties in Olivia, MN, with a median automated valuation model (AVM) price of $196,449.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Olivia, 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 Olivia, MN, is $259,233.00, with the most expensive house in Olivia, MN, topping out at $4,352,633.00 and the cheapest home in Olivia, MN, clocking in at $16,805.00. In other words, there’s something for every potential homebuyer or savvy investor in Olivia, MN!


Rent Prices In Olivia, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Olivia, MN, is on a rollercoaster ride. The average rent price in Olivia, MN, is $1,231.00. Indeed, when looking to rent in Olivia, MN, you can expect to pay as little as $570.00 or as much as $2,200.00, with the average rent median estimated to be $1,210.00. The good news is that finding an affordable and desirable property to rent in Olivia, 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 Olivia, MN In 2024

Olivia is located in Renville, Minnesota, with an estimated municipal population of 2,335 residents. All of the best foreclosed homes for sale in Olivia are located in the following zip code areas on Foreclosure.com: 56277. The estimated population per square kilometer (.62 miles) in Olivia is 363.


Cost Of Living In Olivia, MN

So, about how much do homes cost in Olivia? The most recent median value of resident-owned homes in Olivia is 117,660. An estimated 59.4 percent of households in Olivia own their homes, with an average family size of 2.9. The median household income in Olivia is 56,830, with23.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Olivia, the median commute time of resident workers (in minutes) is 17.3. And last, but certainly not least, are you looking for homes to rent in Olivia? If so, the average rent price paid by renters in Olivia is 696, according to recent statistics.


Diversity And Demographics In Olivia, 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 Olivia, 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 Olivia is 39.4, split between 50.6 percent male versus 49.4 female. The percentage of residents who report being married in Olivia is 53.7, with an average family size of 2.9.

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

White 89%
Black / African American 0.4%
Asian 0.6%
American Indian / Alaskan Native 0.5%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.6%
Other 7.9%

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

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

Under 10 12.9%
Aged 10-19 11.8%
20s 14.3%
30s 11.3%
40s 10.4%
50s 12%
60s 11.6%
70s 6%
80+ 9.4%

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


Pros And Cons Of Living In Olivia, Minnesota

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

  • 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 Olivia.


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

Olivia, MN Foreclosures


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