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Rent To Own Homes in Roosevelt, MN

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1 View this home at 6th St Ne Roseau MN 56751
Preforeclosure
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$146,787 EMV
6th St Ne
Roseau, MN 56751
Single-Family
1,776
EST. RENT: $1,440
|
AUCTION: 04-17-2024
Single-Family
1,776
View this home at 5th St S Greenbush MN 56726
Preforeclosure
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5th St S
Greenbush, MN 56726
Single-Family
1,116
AUCTION: 05-01-2024
Single-Family
1,116
View this home at 280th Ave Badger MN 56714
Preforeclosure
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280th Ave
Badger, MN 56714
Single-Family
AUCTION: 05-15-2024
Single-Family
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Top Reasons To Live In Roosevelt, MN In 2024

Roosevelt is located in Roseau, Minnesota, with an estimated municipal population of 138 residents. All of the best foreclosed homes for sale in Roosevelt are located in the following zip code areas on Foreclosure.com: 56673. The estimated population per square kilometer (.62 miles) in Roosevelt is 51.


Cost Of Living In Roosevelt, MN

So, about how much do homes cost in Roosevelt? The most recent median value of resident-owned homes in Roosevelt is 77,538. An estimated 85.5 percent of households in Roosevelt own their homes, with an average family size of 3.29. The median household income in Roosevelt is 49,250, with18.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Roosevelt, the median commute time of resident workers (in minutes) is 23.2. And last, but certainly not least, are you looking for homes to rent in Roosevelt? If so, the average rent price paid by renters in Roosevelt is 683, according to recent statistics.


Diversity And Demographics In Roosevelt, 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 Roosevelt, 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 Roosevelt is 32.6, split between 51.8 percent male versus 48.2 female. The percentage of residents who report being married in Roosevelt is 52.5, with an average family size of 3.29.

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

White 96.4%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.4%
Other 2.2%

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

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

Under 10 15.8%
Aged 10-19 17.3%
20s 11.5%
30s 7.9%
40s 6.5%
50s 20.9%
60s 16.5%
70s 3.6%
80+ 0%

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


Pros And Cons Of Living In Roosevelt, Minnesota

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

  • 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 Roosevelt.


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

Roosevelt, MN Rent To Own Homes


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