Foreclosures in Trimont, MN

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Home Value Estimator For Trimont, MN

There are currently 454 real estate properties in Trimont, MN, with a median automated valuation model (AVM) price of $143,096.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Trimont, 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 Trimont, MN, is $285,719.00, with the most expensive house in Trimont, MN, topping out at $4,175,762.00 and the cheapest home in Trimont, MN, clocking in at $15,962.00. In other words, there’s something for every potential homebuyer or savvy investor in Trimont, MN!

Rent Prices In Trimont, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Trimont, MN, is on a rollercoaster ride. The average rent price in Trimont, MN, is $1,200.00. Indeed, when looking to rent in Trimont, MN, you can expect to pay as little as $480.00 or as much as $2,700.00, with the average rent median estimated to be $1,100.00. The good news is that finding an affordable and desirable property to rent in Trimont, 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 Trimont, MN In 2024

Trimont is located in Martin, Minnesota, with an estimated municipal population of 700 residents. All of the best foreclosed homes for sale in Trimont are located in the following zip code areas on 56176. The estimated population per square kilometer (.62 miles) in Trimont is 343.

Cost Of Living In Trimont, MN

So, about how much do homes cost in Trimont? The most recent median value of resident-owned homes in Trimont is 65,196. An estimated 81.4 percent of households in Trimont own their homes, with an average family size of 2.81. The median household income in Trimont is 54,338, with18.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Trimont, the median commute time of resident workers (in minutes) is 21.4. And last, but certainly not least, are you looking for homes to rent in Trimont? If so, the average rent price paid by renters in Trimont is 590, according to recent statistics.

Diversity And Demographics In Trimont, 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 Trimont, 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 Trimont is 38.5, split between 50.4 percent male versus 49.6 female. The percentage of residents who report being married in Trimont is 49.4, with an average family size of 2.81.

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

White 96.4%
Black / African American 0.3%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.8%
Other 0.5%

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

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

Under 10 14.2%
Aged 10-19 11.9%
20s 15.2%
30s 10.3%
40s 9.2%
50s 14.2%
60s 12.8%
70s 6%
80+ 6.2%

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

Pros And Cons Of Living In Trimont, Minnesota

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

  • 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 Trimont.

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

Trimont, MN Foreclosures


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