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Bankruptcy Homes in Onamia, MN

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90th-ave-Onamia-MN-56359
Bankruptcy
$191,760 EMV

90th Ave
Onamia, MN 56359

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Home Value Estimator For Onamia, MN

There are currently 1,382 real estate properties in Onamia, MN, with a median automated valuation model (AVM) price of $204,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Onamia, 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 Onamia, MN, is $226,048.00, with the most expensive house in Onamia, MN, topping out at $1,100,000.00 and the cheapest home in Onamia, MN, clocking in at $60,700.00. In other words, there’s something for every potential homebuyer or savvy investor in Onamia, MN!


Rent Prices In Onamia, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Onamia, MN, is on a rollercoaster ride. The average rent price in Onamia, MN, is $1,248.00. Indeed, when looking to rent in Onamia, MN, you can expect to pay as little as $640.00 or as much as $2,140.00, with the average rent median estimated to be $1,180.00. The good news is that finding an affordable and desirable property to rent in Onamia, 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 Onamia, MN

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


Top Reasons To Live In Onamia, MN In 2021

Onamia is located in Mille Lacs, Minnesota, with an estimated municipal population of 864 residents. All of the best foreclosed homes for sale in Onamia are located in the following zip code areas on Foreclosure.com: 56359. The estimated population per square kilometer (.62 miles) in Onamia is 351.


Cost Of Living In Onamia, MN

So, about how much do homes cost in Onamia? The most recent median value of resident-owned homes in Onamia is 87,634. An estimated 48.7 percent of households in Onamia own their homes, with an average family size of 2.72. The median household income in Onamia is 33,274, with11.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Onamia, the median commute time of resident workers (in minutes) is 18.6. And last, but certainly not least, are you looking for homes to rent in Onamia? If so, the average rent price paid by renters in Onamia is 654, according to recent statistics.


Diversity And Demographics In Onamia, 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 Onamia, 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 Onamia is 42.1, split between 56 percent male versus 44 female. The percentage of residents who report being married in Onamia is 36.5, with an average family size of 2.72.

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

White 75.2%
Black / African American 4.8%
Asian 0%
American Indian / Alaskan Native 10.5%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 9.6%
Other 0%

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

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

Under 10 16.2%
Aged 10-19 12.5%
20s 8.5%
30s 11.9%
40s 9.9%
50s 10%
60s 11.8%
70s 9.2%
80+ 9.9%

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


Pros And Cons Of Living In Onamia, Minnesota

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

  • 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 Onamia.


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

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