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Foreclosure Homes in Ruthton, MN

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View this home at 6th Ave Sw Pipestone MN 56164
Preforeclosure
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$226,961 EMV
6th Ave Sw
Pipestone, MN 56164
Single-Family
EST. RENT: $1,470
|
AUCTION: 05-09-2024
Single-Family
Displaying 1 - 3 of 3
 
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Top Reasons To Live In Ruthton, MN In 2024

Ruthton is located in Pipestone, Minnesota, with an estimated municipal population of 221 residents. All of the best foreclosed homes for sale in Ruthton are located in the following zip code areas on Foreclosure.com: 56170. The estimated population per square kilometer (.62 miles) in Ruthton is 147.


Cost Of Living In Ruthton, MN

So, about how much do homes cost in Ruthton? The most recent median value of resident-owned homes in Ruthton is 51,305. An estimated 83.3 percent of households in Ruthton own their homes, with an average family size of 2.69. The median household income in Ruthton is 44,500, with5.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Ruthton, the median commute time of resident workers (in minutes) is 22.8. And last, but certainly not least, are you looking for homes to rent in Ruthton? If so, the average rent price paid by renters in Ruthton is 771, according to recent statistics.


Diversity And Demographics In Ruthton, 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 Ruthton, 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 Ruthton is 36.8, split between 48.5 percent male versus 51.5 female. The percentage of residents who report being married in Ruthton is 58.8, with an average family size of 2.69.

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

White 90.5%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0.8%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 5.4%
Other 3.3%

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

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

Under 10 14.1%
Aged 10-19 12%
20s 11.6%
30s 13.7%
40s 8.7%
50s 15.4%
60s 15.8%
70s 6.7%
80+ 2%

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


Pros And Cons Of Living In Ruthton, Minnesota

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

  • 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 Ruthton.


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

Ruthton, MN Foreclosures


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