There are currently 401 real estate properties in Wykoff, MN, with a median automated valuation model (AVM) price of $230,653.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wykoff, 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 Wykoff, MN, is $382,218.00, with the most expensive house in Wykoff, MN, topping out at $2,188,044.00 and the cheapest home in Wykoff, MN, clocking in at $16,420.00. In other words, there’s something for every potential homebuyer or savvy investor in Wykoff, MN!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wykoff, MN, is on a rollercoaster ride. The average rent price in Wykoff, MN, is $1,507.00. Indeed, when looking to rent in Wykoff, MN, you can expect to pay as little as $810.00 or as much as $2,260.00, with the average rent median estimated to be $1,440.00. The good news is that finding an affordable and desirable property to rent in Wykoff, 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.
Wykoff is located in Fillmore, Minnesota, with an estimated municipal population of 430 residents. All of the best foreclosed homes for sale in Wykoff are located in the following zip code areas on Foreclosure.com: 55990. The estimated population per square kilometer (.62 miles) in Wykoff is 177.
So, about how much do homes cost in Wykoff? The most recent median value of resident-owned homes in Wykoff is 86,113. An estimated 75.9 percent of households in Wykoff own their homes, with an average family size of 2.65. The median household income in Wykoff is 60,833, with14.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Wykoff, the median commute time of resident workers (in minutes) is 23.6. And last, but certainly not least, are you looking for homes to rent in Wykoff? If so, the average rent price paid by renters in Wykoff is 752, according to recent statistics.
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 Wykoff, 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 Wykoff is 37.8, split between 51.2 percent male versus 48.8 female. The percentage of residents who report being married in Wykoff is 61.1, with an average family size of 2.65.
The percentage of residents who report their race in Wykoff is as follows:
| White | 90.4% |
| Black / African American | 0.7% |
| Asian | 0% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 1% |
| Other | 7.9% |
Looking for family-friendly neighborhoods in and/or near Wykoff? Or maybe you are searching for 55+ active adult communities in and/or near Wykoff?
The percentage of residents who report their age in Wykoff is as follows:
| Under 10 | 12.4% |
| Aged 10-19 | 12.7% |
| 20s | 11% |
| 30s | 21.2% |
| 40s | 7.2% |
| 50s | 8.8% |
| 60s | 9% |
| 70s | 9.3% |
| 80+ | 8.1% |
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 Wykoff with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Wykoff.
How do you know that living in -- or moving to -- Wykoff is right where you need to be? Perhaps you grew up in Wykoff or already live nearby; therefore, the decision to buy a home in Wykoff is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Wykoff 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 Wykoff:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Wykoff.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Wykoff can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Wykoff, meanwhile, can field multiple offers from more qualified buyers.
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