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Bankruptcy Homes in Russell, MN

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N-redwood-st-Lynd-MN-56157
Bankruptcy
$70,080 EMV

N Redwood St
Lynd, MN 56157

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Foreclosure Homes in Russell, MN

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


Top Reasons To Live In Russell, MN In 2021

Russell is located in Lyon, Minnesota, with an estimated municipal population of 342 residents. All of the best foreclosed homes for sale in Russell are located in the following zip code areas on Foreclosure.com: 56169. The estimated population per square kilometer (.62 miles) in Russell is 143.


Cost Of Living In Russell, MN

So, about how much do homes cost in Russell? The most recent median value of resident-owned homes in Russell is 80,722. An estimated 81.7 percent of households in Russell own their homes, with an average family size of 2.83. The median household income in Russell is 52,292, with15.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Russell, the median commute time of resident workers (in minutes) is 24.5. And last, but certainly not least, are you looking for homes to rent in Russell? If so, the average rent price paid by renters in Russell is 660, according to recent statistics.


Diversity And Demographics In Russell, 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 Russell, 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 Russell is 39.8, split between 49.3 percent male versus 50.7 female. The percentage of residents who report being married in Russell is 59.6, with an average family size of 2.83.

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

White 89.5%
Black / African American 0.7%
Asian 6.4%
American Indian / Alaskan Native 0.3%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3%
Other 0%

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

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

Under 10 17.9%
Aged 10-19 6.1%
20s 10.8%
30s 15.9%
40s 10.8%
50s 15.2%
60s 11.8%
70s 9.5%
80+ 2%

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


Pros And Cons Of Living In Russell, Minnesota

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

  • 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 Russell.


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

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