Rent To Own Homes in Pierz, MN

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Home Value Estimator For Pierz, MN

There are currently 1,983 real estate properties in Pierz, MN, with a median automated valuation model (AVM) price of $323,200.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Pierz, 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 Pierz, MN, is $394,758.00, with the most expensive house in Pierz, MN, topping out at $2,495,000.00 and the cheapest home in Pierz, MN, clocking in at $20,572.00. In other words, there’s something for every potential homebuyer or savvy investor in Pierz, MN!

Rent Prices In Pierz, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Pierz, MN, is on a rollercoaster ride. The average rent price in Pierz, MN, is $1,562.00. Indeed, when looking to rent in Pierz, MN, you can expect to pay as little as $580.00 or as much as $2,330.00, with the average rent median estimated to be $1,580.00. The good news is that finding an affordable and desirable property to rent in Pierz, 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 Pierz, MN In 2024

Pierz is located in Morrison, Minnesota, with an estimated municipal population of 1,365 residents. All of the best foreclosed homes for sale in Pierz are located in the following zip code areas on 56364. The estimated population per square kilometer (.62 miles) in Pierz is 382.

Cost Of Living In Pierz, MN

So, about how much do homes cost in Pierz? The most recent median value of resident-owned homes in Pierz is 135,828. An estimated 68.2 percent of households in Pierz own their homes, with an average family size of 3.05. The median household income in Pierz is 53,281, with23.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Pierz, the median commute time of resident workers (in minutes) is 23.3. And last, but certainly not least, are you looking for homes to rent in Pierz? If so, the average rent price paid by renters in Pierz is 642, according to recent statistics.

Diversity And Demographics In Pierz, 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 Pierz, 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 Pierz is 36.2, split between 45.3 percent male versus 54.7 female. The percentage of residents who report being married in Pierz is 47.4, with an average family size of 3.05.

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

White 97.8%
Black / African American 0%
Asian 0.2%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.9%
Other 0%

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

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

Under 10 16.9%
Aged 10-19 13.5%
20s 9.8%
30s 15%
40s 10.8%
50s 8.7%
60s 7.2%
70s 8.3%
80+ 9.9%

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

Pros And Cons Of Living In Pierz, Minnesota

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

  • 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 Pierz.

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

Pierz, MN Rent To Own Homes


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