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Foreclosure Homes in Aitkin, MN

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405th-st-Aitkin-MN-56431
Preforeclosure
$215,575 EMV

405th St
Aitkin, MN 56431

Partridge-ave-Aitkin-MN-56431
Bankruptcy
$268,855 EMV

Partridge Ave
Aitkin, MN 56431

| 3,025 Sq. Ft.

34 State-highway-18-Aitkin-MN-56431
As-Is Deal
$409,900 List Price

State Highway 18
Aitkin, MN 56431

2 Bed | 1 Bath

Displaying 1 - 3 of 3
 

Foreclosure Homes in Aitkin, MN

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Aitkin, MN area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Aitkin, MN and much more. Save thousands at closing with home foreclosure listings in Aitkin, MN — up to 75% off market value!


Top Reasons To Live In Aitkin, MN In 2021

Aitkin is located in Aitkin, Minnesota, with an estimated municipal population of 1,985 residents. All of the best foreclosed homes for sale in Aitkin are located in the following zip code areas on Foreclosure.com: 56431. The estimated population per square kilometer (.62 miles) in Aitkin is 296.


Cost Of Living In Aitkin, MN

So, about how much do homes cost in Aitkin? The most recent median value of resident-owned homes in Aitkin is 123,118. An estimated 50.2 percent of households in Aitkin own their homes, with an average family size of 2.61. The median household income in Aitkin is 35,294, with8.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Aitkin, the median commute time of resident workers (in minutes) is 13.7. And last, but certainly not least, are you looking for homes to rent in Aitkin? If so, the average rent price paid by renters in Aitkin is 687, according to recent statistics.


Diversity And Demographics In Aitkin, 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 Aitkin, 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 Aitkin is 43.8, split between 51.1 percent male versus 48.9 female. The percentage of residents who report being married in Aitkin is 43.2, with an average family size of 2.61.

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

White 94.7%
Black / African American 0.7%
Asian 0.6%
American Indian / Alaskan Native 0.9%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3%
Other 0.1%

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

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

Under 10 13.3%
Aged 10-19 10.6%
20s 11%
30s 13.5%
40s 7.4%
50s 9.9%
60s 7.7%
70s 11.5%
80+ 15%

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


Pros And Cons Of Living In Aitkin, Minnesota

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

  • 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 Aitkin.


Reasons To Move To Aitkin, Minnesota, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Aitkin can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Aitkin, meanwhile, can field multiple offers from more qualified buyers.

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