There are currently 11,869 real estate properties in New Brighton, MN, with a median automated valuation model (AVM) price of $328,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in New Brighton, 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 New Brighton, MN, is $351,969.00, with the most expensive house in New Brighton, MN, topping out at $2,162,000.00 and the cheapest home in New Brighton, MN, clocking in at $79,500.00. In other words, there’s something for every potential homebuyer or savvy investor in New Brighton, MN!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in New Brighton, MN, is on a rollercoaster ride. The average rent price in New Brighton, MN, is $1,749.00. Indeed, when looking to rent in New Brighton, MN, you can expect to pay as little as $870.00 or as much as $3,720.00, with the average rent median estimated to be $1,700.00. The good news is that finding an affordable and desirable property to rent in New Brighton, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the New Brighton, MN area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in New Brighton, MN and much more. Save thousands at closing with home foreclosure listings in New Brighton, MN — up to 75% off market value!
New Brighton is located in Ramsey, Minnesota, with an estimated municipal population of 22,753 residents. All of the best foreclosed homes for sale in New Brighton are located in the following zip code areas on Foreclosure.com: 55112. The estimated population per square kilometer (.62 miles) in New Brighton is 1,352.
So, about how much do homes cost in New Brighton? The most recent median value of resident-owned homes in New Brighton is 256,615. An estimated 63.5 percent of households in New Brighton own their homes, with an average family size of 3.03. The median household income in New Brighton is 74,644, with36.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in New Brighton, the median commute time of resident workers (in minutes) is 22.5. And last, but certainly not least, are you looking for homes to rent in New Brighton? If so, the average rent price paid by renters in New Brighton is 1,038, 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 New Brighton, 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 New Brighton is 37.5, split between 48 percent male versus 52 female. The percentage of residents who report being married in New Brighton is 54.5, with an average family size of 3.03.
The percentage of residents who report their race in New Brighton is as follows:
|Black / African American||12.6%|
|American Indian / Alaskan Native||0.3%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near New Brighton? Or maybe you are searching for 55+ active adult communities in and/or near New Brighton?
The percentage of residents who report their age in New Brighton is as follows:
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 New Brighton with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in New Brighton.
How do you know that living in -- or moving to -- New Brighton is right where you need to be? Perhaps you grew up in New Brighton or already live nearby; therefore, the decision to buy a home in New Brighton is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to New Brighton 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 New Brighton:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like New Brighton.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in New Brighton can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in New Brighton, meanwhile, can field multiple offers from more qualified buyers.