Cheap Homes in Shoreview, MN

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Home Value Estimator For Shoreview, MN

There are currently 9,804 real estate properties in Shoreview, MN, with a median automated valuation model (AVM) price of $402,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Shoreview, 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 Shoreview, MN, is $429,729.00, with the most expensive house in Shoreview, MN, topping out at $8,156,800.00 and the cheapest home in Shoreview, MN, clocking in at $117,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Shoreview, MN!

Rent Prices In Shoreview, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Shoreview, MN, is on a rollercoaster ride. The average rent price in Shoreview, MN, is $1,872.00. Indeed, when looking to rent in Shoreview, MN, you can expect to pay as little as $980.00 or as much as $4,180.00, with the average rent median estimated to be $1,860.00. The good news is that finding an affordable and desirable property to rent in Shoreview, 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.

Foreclosure Homes in Shoreview, MN

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

Top Reasons To Live In Shoreview, MN In 2023

Shoreview is located in Ramsey, Minnesota, with an estimated municipal population of 27,130 residents. All of the best foreclosed homes for sale in Shoreview are located in the following zip code areas on 55126. The estimated population per square kilometer (.62 miles) in Shoreview is 972.

Cost Of Living In Shoreview, MN

So, about how much do homes cost in Shoreview? The most recent median value of resident-owned homes in Shoreview is 276,763. An estimated 82.9 percent of households in Shoreview own their homes, with an average family size of 2.98. The median household income in Shoreview is 92,826, with45.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Shoreview, the median commute time of resident workers (in minutes) is 25. And last, but certainly not least, are you looking for homes to rent in Shoreview? If so, the average rent price paid by renters in Shoreview is 1,214, according to recent statistics.

Diversity And Demographics In Shoreview, 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 Shoreview, 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 Shoreview is 45.4, split between 46.8 percent male versus 53.2 female. The percentage of residents who report being married in Shoreview is 59.2, with an average family size of 2.98.

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

White 85.7%
Black / African American 2.3%
Asian 9.2%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0.1%
Multi-racial 2%
Other 0.6%

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

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

Under 10 12.1%
Aged 10-19 10.6%
20s 9.2%
30s 12.6%
40s 12.3%
50s 14.6%
60s 15.2%
70s 9.2%
80+ 4.1%

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

Pros And Cons Of Living In Shoreview, Minnesota

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

  • 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 Shoreview.

Reasons To Move To Shoreview, Minnesota, In 2023

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Shoreview can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Shoreview, meanwhile, can field multiple offers from more qualified buyers.

Cheap Homes in Shoreview, MN


Listing types in Shoreview, MN

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