Foreclosure Homes in Sunfish Lake, MN

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View this home at Sunny Side Ln Sunfish Lake MN 55118
Sunny Side Ln
Sunfish Lake, MN 55118
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AUCTION: 04-30-2024
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Sunfish Lake, MN Foreclosures

How much do homes sell for in Sunfish Lake, MN?
The average home price is currently $1,208,654.
In Sunfish Lake, MN, how many homes are available?
There are currently 54 active home listings available in Sunfish Lake.
What’s the average rental cost in Sunfish Lake, MN?
The average rental price in Sunfish Lake is $2,963.
What is the most expensive home in Sunfish Lake, Minnesota?
The most expensive home sold in Sunfish Lake had a price of $3,478,933.
What is currently the cheapest priced home in Sunfish Lake, MN?
The cheapest home for sale in Sunfish Lake is priced at $55,050.

Home Value Estimator For Sunfish Lake, MN

There are currently 54 real estate properties in Sunfish Lake, MN, with a median automated valuation model (AVM) price of $1,087,026.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Sunfish 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 Sunfish Lake, MN, is $1,208,654.00, with the most expensive house in Sunfish Lake, MN, topping out at $3,478,933.00 and the cheapest home in Sunfish Lake, MN, clocking in at $55,050.00. In other words, there’s something for every potential homebuyer or savvy investor in Sunfish Lake, MN!

Rent Prices In Sunfish Lake, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sunfish Lake, MN, is on a rollercoaster ride. The average rent price in Sunfish Lake, MN, is $2,963.00. Indeed, when looking to rent in Sunfish Lake, MN, you can expect to pay as little as $1,540.00 or as much as $3,780.00, with the average rent median estimated to be $3,050.00. The good news is that finding an affordable and desirable property to rent in Sunfish 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 Sunfish Lake, MN In 2024

Sunfish Lake is located in Dakota, Minnesota, with an estimated municipal population of 544 residents. All of the best foreclosed homes for sale in Sunfish Lake are located in the following zip code areas on 55118. The estimated population per square kilometer (.62 miles) in Sunfish Lake is 140.

Cost Of Living In Sunfish Lake, MN

So, about how much do homes cost in Sunfish Lake? The most recent median value of resident-owned homes in Sunfish Lake is 1,011,417. An estimated 94.9 percent of households in Sunfish Lake own their homes, with an average family size of 3.21. The median household income in Sunfish Lake is 250,001, with79.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Sunfish Lake, the median commute time of resident workers (in minutes) is 20.9.

Diversity And Demographics In Sunfish 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 Sunfish 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 Sunfish Lake is 47.5, split between 50.7 percent male versus 49.3 female. The percentage of residents who report being married in Sunfish Lake is 66.2, with an average family size of 3.21.

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

White 94.8%
Black / African American 1.3%
Asian 1.8%
American Indian / Alaskan Native 0.4%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.7%
Other 0.9%

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

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

Under 10 8.3%
Aged 10-19 18.7%
20s 7.6%
30s 7.2%
40s 9.6%
50s 21.9%
60s 15.3%
70s 8.5%
80+ 3%

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

Pros And Cons Of Living In Sunfish Lake, Minnesota

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

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

Sunfish Lake, MN Foreclosures


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