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Bankruptcy Homes in Princeton, MN

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12th-st-n-Princeton-MN-55371
Bankruptcy
$190,727 EMV

12th St N
Princeton, MN 55371

Abby-rd-Princeton-MN-55371
Bankruptcy
$243,610 EMV

Abby Rd
Princeton, MN 55371

Puma-st-nw-Princeton-MN-55371
Bankruptcy
$258,230 EMV

Puma St Nw
Princeton, MN 55371

2 Bed | 1 Bath | 1,008 Sq. Ft.

150th-ave-Princeton-MN-55371
Bankruptcy
$238,425 EMV

150th Ave
Princeton, MN 55371

Displaying 1 - 4 of 4
 

Foreclosure Homes in Princeton, MN

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


Top Reasons To Live In Princeton, MN In 2021

Princeton is located in Mille Lacs, Minnesota, with an estimated municipal population of 4,729 residents. All of the best foreclosed homes for sale in Princeton are located in the following zip code areas on Foreclosure.com: 55371. The estimated population per square kilometer (.62 miles) in Princeton is 383.


Cost Of Living In Princeton, MN

So, about how much do homes cost in Princeton? The most recent median value of resident-owned homes in Princeton is 134,763. An estimated 54.7 percent of households in Princeton own their homes, with an average family size of 3.06. The median household income in Princeton is 36,201, with12.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Princeton, the median commute time of resident workers (in minutes) is 27.7. And last, but certainly not least, are you looking for homes to rent in Princeton? If so, the average rent price paid by renters in Princeton is 675, according to recent statistics.


Diversity And Demographics In Princeton, 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 Princeton, 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 Princeton is 32.8, split between 42.7 percent male versus 57.3 female. The percentage of residents who report being married in Princeton is 35.3, with an average family size of 3.06.

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

White 94.5%
Black / African American 0.4%
Asian 0.9%
American Indian / Alaskan Native 0.3%
Native Hawaiian / Other Pacifc Islander 0.2%
Multi-racial 3.2%
Other 0.6%

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

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

Under 10 19.4%
Aged 10-19 7.4%
20s 17%
30s 12.7%
40s 7.6%
50s 9.7%
60s 10.6%
70s 8.3%
80+ 7.1%

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


Pros And Cons Of Living In Princeton, Minnesota

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

  • 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 Princeton.


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

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