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Bankruptcy Homes in Twin Valley, MN

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View this home at 1st St E Ada MN 56510
Preforeclosure
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$152,766 EMV
1st St E
Ada, MN 56510
Single-Family
|
4 |
2
|
1,500
EST. RENT: $1,408
|
AUCTION: 05-09-2024
Single-Family
|
4 |
2
|
1,500
Displaying 1 - 8 of 8
 
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Top Reasons To Live In Twin Valley, MN In 2024

Twin Valley is located in Norman, Minnesota, with an estimated municipal population of 755 residents. All of the best foreclosed homes for sale in Twin Valley are located in the following zip code areas on Foreclosure.com: 56584. The estimated population per square kilometer (.62 miles) in Twin Valley is 340.


Cost Of Living In Twin Valley, MN

So, about how much do homes cost in Twin Valley? The most recent median value of resident-owned homes in Twin Valley is 70,590. An estimated 70.5 percent of households in Twin Valley own their homes, with an average family size of 3.04. The median household income in Twin Valley is 45,368, with17.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Twin Valley, the median commute time of resident workers (in minutes) is 24.2. And last, but certainly not least, are you looking for homes to rent in Twin Valley? If so, the average rent price paid by renters in Twin Valley is 630, according to recent statistics.


Diversity And Demographics In Twin Valley, 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 Twin Valley, 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 Twin Valley is 38.9, split between 50.3 percent male versus 49.7 female. The percentage of residents who report being married in Twin Valley is 42.9, with an average family size of 3.04.

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

White 94.1%
Black / African American 1.8%
Asian 0.8%
American Indian / Alaskan Native 0.8%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.7%
Other 0.8%

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

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

Under 10 14.4%
Aged 10-19 12.5%
20s 10.5%
30s 14.7%
40s 12.3%
50s 7.7%
60s 9.2%
70s 7.4%
80+ 11.4%

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


Pros And Cons Of Living In Twin Valley, Minnesota

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

  • 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 Twin Valley.


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

Twin Valley, MN Bankruptcy Homes


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