Preforeclosure Homes in Renville, MN

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Home Value Estimator For Renville, MN

There are currently 660 real estate properties in Renville, MN, with a median automated valuation model (AVM) price of $148,792.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Renville, 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 Renville, MN, is $218,850.00, with the most expensive house in Renville, MN, topping out at $1,966,859.00 and the cheapest home in Renville, MN, clocking in at $16,980.00. In other words, there’s something for every potential homebuyer or savvy investor in Renville, MN!

Rent Prices In Renville, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Renville, MN, is on a rollercoaster ride. The average rent price in Renville, MN, is $1,149.00. Indeed, when looking to rent in Renville, MN, you can expect to pay as little as $610.00 or as much as $2,080.00, with the average rent median estimated to be $1,110.00. The good news is that finding an affordable and desirable property to rent in Renville, 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 Renville, MN In 2024

Renville is located in Renville, Minnesota, with an estimated municipal population of 1,189 residents. All of the best foreclosed homes for sale in Renville are located in the following zip code areas on 56284. The estimated population per square kilometer (.62 miles) in Renville is 346.

Cost Of Living In Renville, MN

So, about how much do homes cost in Renville? The most recent median value of resident-owned homes in Renville is 67,564. An estimated 81.7 percent of households in Renville own their homes, with an average family size of 3.09. The median household income in Renville is 64,148, with13.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Renville, the median commute time of resident workers (in minutes) is 18.4. And last, but certainly not least, are you looking for homes to rent in Renville? If so, the average rent price paid by renters in Renville is 588, according to recent statistics.

Diversity And Demographics In Renville, 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 Renville, 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 Renville is 42.3, split between 49.1 percent male versus 50.9 female. The percentage of residents who report being married in Renville is 54.2, with an average family size of 3.09.

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

White 76.3%
Black / African American 0.1%
Asian 0.6%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.4%
Other 22.7%

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

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

Under 10 11.8%
Aged 10-19 16.6%
20s 10%
30s 7.5%
40s 16.7%
50s 7.6%
60s 13.5%
70s 8.9%
80+ 7.4%

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

Pros And Cons Of Living In Renville, Minnesota

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

  • 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 Renville.

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

Renville, MN Preforeclosure Homes


Listing types in Renville, MN

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