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There are currently 45 real estate properties in Sunfish Lake, MN, with a median automated valuation model (AVM) price of $1,199,400.00. 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 $1,386,378.00, with the most expensive house in Sunfish Lake, MN, topping out at $3,712,100.00 and the cheapest home in Sunfish Lake, MN, clocking in at $442,100.00. In other words, there’s something for every potential homebuyer or savvy investor 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 $3,101.00. Indeed, when looking to rent in Sunfish Lake, MN, you can expect to pay as little as $1,540.00 or as much as $4,100.00, with the average rent median estimated to be $3,220.00. 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Sunfish Lake, MN area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Sunfish Lake, MN and much more. Save thousands at closing with home foreclosure listings in Sunfish Lake, MN — up to 75% off market value!
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 Foreclosure.com: 55118. The estimated population per square kilometer (.62 miles) in Sunfish Lake is 140.
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.
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:
|Black / African American||1.3%|
|American Indian / Alaskan Native||0.4%|
|Native Hawaiian / Other Pacifc Islander||0%|
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:
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.
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:
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.
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.
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