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Foreclosure Homes in Walnut Grove, MN

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5 View this home at 290th Ave Walnut Grove MN 56180
Preforeclosure
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$140,438 EMV
290th Ave
Walnut Grove, MN 56180
Single-Family
1,602
EST. RENT: $1,680
|
AUCTION: 03-20-2024
Single-Family
1,602
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Walnut Grove, MN Foreclosures

How much do homes sell for in Walnut Grove, MN?
The average home price is currently $310,244.
In Walnut Grove, MN, how many homes are available?
There are currently 411 active home listings available in Walnut Grove.
What’s the average rental cost in Walnut Grove, MN?
The average rental price in Walnut Grove is $1,086.
What is the most expensive home in Walnut Grove, Minnesota?
The most expensive home sold in Walnut Grove had a price of $3,170,267.
What is currently the cheapest priced home in Walnut Grove, MN?
The cheapest home for sale in Walnut Grove is priced at $17,284.

Home Value Estimator For Walnut Grove, MN

There are currently 411 real estate properties in Walnut Grove, MN, with a median automated valuation model (AVM) price of $115,208.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Walnut Grove, 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 Walnut Grove, MN, is $310,244.00, with the most expensive house in Walnut Grove, MN, topping out at $3,170,267.00 and the cheapest home in Walnut Grove, MN, clocking in at $17,284.00. In other words, there’s something for every potential homebuyer or savvy investor in Walnut Grove, MN!


Rent Prices In Walnut Grove, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Walnut Grove, MN, is on a rollercoaster ride. The average rent price in Walnut Grove, MN, is $1,086.00. Indeed, when looking to rent in Walnut Grove, MN, you can expect to pay as little as $480.00 or as much as $2,360.00, with the average rent median estimated to be $960.00. The good news is that finding an affordable and desirable property to rent in Walnut Grove, 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 Walnut Grove, MN In 2024

Walnut Grove is located in Redwood, Minnesota, with an estimated municipal population of 806 residents. All of the best foreclosed homes for sale in Walnut Grove are located in the following zip code areas on Foreclosure.com: 56180. The estimated population per square kilometer (.62 miles) in Walnut Grove is 285.


Cost Of Living In Walnut Grove, MN

So, about how much do homes cost in Walnut Grove? The most recent median value of resident-owned homes in Walnut Grove is 51,363. An estimated 70.2 percent of households in Walnut Grove own their homes, with an average family size of 3.02. The median household income in Walnut Grove is 41,250, with14.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Walnut Grove, the median commute time of resident workers (in minutes) is 24.5. And last, but certainly not least, are you looking for homes to rent in Walnut Grove? If so, the average rent price paid by renters in Walnut Grove is 498, according to recent statistics.


Diversity And Demographics In Walnut Grove, 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 Walnut Grove, 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 Walnut Grove is 34.4, split between 54.3 percent male versus 45.7 female. The percentage of residents who report being married in Walnut Grove is 58.5, with an average family size of 3.02.

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

White 57.1%
Black / African American 0%
Asian 39.4%
American Indian / Alaskan Native 3.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.4%
Other 0%

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

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

Under 10 14.3%
Aged 10-19 12.4%
20s 15.4%
30s 11.8%
40s 7.1%
50s 9.6%
60s 14%
70s 9.7%
80+ 5.8%

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


Pros And Cons Of Living In Walnut Grove, Minnesota

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

  • 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 Walnut Grove.


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

Walnut Grove, MN Foreclosures


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