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Foreclosure Homes in Sturgeon Lake, MN

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Sturgeon Lake, MN Foreclosures

How much do homes sell for in Sturgeon Lake, MN?
The average home price is currently $268,805.
In Sturgeon Lake, MN, how many homes are available?
There are currently 1,771 active home listings available in Sturgeon Lake.
What’s the average rental cost in Sturgeon Lake, MN?
The average rental price in Sturgeon Lake is $1,368.
What is the most expensive home in Sturgeon Lake, Minnesota?
The most expensive home sold in Sturgeon Lake had a price of $4,557,916.
What is currently the cheapest priced home in Sturgeon Lake, MN?
The cheapest home for sale in Sturgeon Lake is priced at $13,643.

Home Value Estimator For Sturgeon Lake, MN

There are currently 1,771 real estate properties in Sturgeon Lake, MN, with a median automated valuation model (AVM) price of $222,455.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Sturgeon Lake, 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 Sturgeon Lake, MN, is $268,805.00, with the most expensive house in Sturgeon Lake, MN, topping out at $4,557,916.00 and the cheapest home in Sturgeon Lake, MN, clocking in at $13,643.00. In other words, there’s something for every potential homebuyer or savvy investor in Sturgeon Lake, MN!


Rent Prices In Sturgeon Lake, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sturgeon Lake, MN, is on a rollercoaster ride. The average rent price in Sturgeon Lake, MN, is $1,368.00. Indeed, when looking to rent in Sturgeon Lake, MN, you can expect to pay as little as $500.00 or as much as $2,600.00, with the average rent median estimated to be $1,340.00. The good news is that finding an affordable and desirable property to rent in Sturgeon Lake, 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 Sturgeon Lake, MN In 2024

Sturgeon Lake is located in Pine, Minnesota, with an estimated municipal population of 429 residents. All of the best foreclosed homes for sale in Sturgeon Lake are located in the following zip code areas on Foreclosure.com: 55783. The estimated population per square kilometer (.62 miles) in Sturgeon Lake is 43.


Cost Of Living In Sturgeon Lake, MN

So, about how much do homes cost in Sturgeon Lake? The most recent median value of resident-owned homes in Sturgeon Lake is 139,371. An estimated 90.9 percent of households in Sturgeon Lake own their homes, with an average family size of 3.47. The median household income in Sturgeon Lake is 62,500, with29.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Sturgeon Lake, the median commute time of resident workers (in minutes) is 26.9. And last, but certainly not least, are you looking for homes to rent in Sturgeon Lake? If so, the average rent price paid by renters in Sturgeon Lake is 850, according to recent statistics.


Diversity And Demographics In Sturgeon Lake, 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 Sturgeon Lake, 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 Sturgeon Lake is 38.2, split between 50.5 percent male versus 49.5 female. The percentage of residents who report being married in Sturgeon Lake is 47.7, with an average family size of 3.47.

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

White 93.2%
Black / African American 2.3%
Asian 0%
American Indian / Alaskan Native 1.8%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.8%
Other 0.9%

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

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

Under 10 9.6%
Aged 10-19 18.7%
20s 12.5%
30s 11.1%
40s 16.5%
50s 14.2%
60s 6.4%
70s 8.5%
80+ 2.6%

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


Pros And Cons Of Living In Sturgeon Lake, Minnesota

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

  • 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 Sturgeon Lake.


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

Sturgeon Lake, MN Foreclosures


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