Owatonna FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Owatonna, Minnesota.

Featured Foreclosure Listings in Owatonna, MN

Owatonna Home Foreclosure Listing ID: 1523232

Foreclosure

Owatonna, MN - 55060

2 Bd | 1 Ba | $34,900.00

Owatonna Home Foreclosure Listing ID: 2018384

Foreclosure

Owatonna, MN - 55060

3 Bd | 1 Ba | $79,900.00

Owatonna Home Foreclosure Listing ID: 2055355

Foreclosure

Owatonna, MN - 55060

3 Bd | 2 Ba | $128,600.00

Owatonna Home Foreclosure Listing ID: 2018385

Foreclosure

Owatonna, MN - 55060

4 Bd | 2 Ba | $134,900.00

Owatonna Home Foreclosure Listing ID: 2018386

Foreclosure

Owatonna, MN - 55060

4 Bd | 2 Ba | $199,900.00

Total: 10
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
12 Photos
KRIESEL PL NE Owatonna MN 55060 Foreclosures 3 2 $128,600.00 Details
2
1 Photo
CHERRY ST Owatonna MN 55060 Foreclosures 2 1 $34,900.00 Details
3
21 Photos
16TH ST NE Owatonna MN 55060 Foreclosures 3 1 $79,900.00 Details
4
11 Photos
DELL PL Owatonna MN 55060 Foreclosures 4 2 $199,900.00 Details
5
13 Photos
18TH PL NE Owatonna MN 55060 Foreclosures 4 2 $134,900.00 Details
6
13 Photos
GLENDALE ST Owatonna MN 55060 Foreclosures 2 1 $109,900.00 Details
7 -
0 Photo
E BROADWAY ST Owatonna MN 55060 Foreclosures 4 1 $47,900.00 Details
8
17 Photos
12TH ST SE Owatonna MN 55060 Foreclosures 3 3 $164,900.00 Details
9
5 Photos
HAVANA RD Owatonna MN 55060 Foreclosures 3 1 $82,400.00 Details
10
3 Photos
S OAK AVE Owatonna MN 55060 Foreclosures 3 1 $54,900.00 Details
About our Listings

How to Buy Owatonna Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Owatonna, MN starts with finding listings. By browsing Owatonna foreclosure lists, you can find all kinds of properties either scheduled for sale at public foreclosure auctions or available directly from banks (known as bank-owned or REO homes). The foreclosure process moves quickly, but as long as you give yourself time to research the home that interests you, you can find fantastic deals when you buy foreclosures in Owatonna, MN.

>> See more info about how to Buy foreclosures

How to Invest in Owatonna Foreclosures

How to invest foreclosure

Owatonna foreclosure homes are perfect for property investors because they can be purchased for below their actual market value right off the bat. To find the best Owatonna real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Owatonna foreclosure investment value. Remember, real estate investing isn't just about getting the lowest price, it's about buying desirable home in locations with the potential for future value. Don't buy the first thing you see at Owatonna foreclosure short sales, wait for the right property at the right price.

>> See more info about how to invest in foreclosures

Types of Foreclosures in Owatonna

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Owatonna will have all kinds of opportunities. In addition to single family homes, you'll find lots of duplex, triplex, and multi family homes, which are great for investing. You'll find upscale townhouse and lofts, and all kinds of houses and condo foreclosures in Owatonna, MN. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Owatonna apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

>> Learn more about foreclosures

Minnesota Foreclosure Laws

Foreclosure law

Minnesota real estate foreclosures are both judicial and non-judicial foreclosures in that foreclosure houses can be processed through either mechanism. In a judicial foreclosure, distressed properties in Owatonna have to be approved through a court before an auction can take place. In a non-judicial foreclosure, no court approval is required; the lender can file a Notice of Default and eventually put the auction up for sale. Real estate brokers can handle foreclosures after they have been either cleared by the court or put on the market by the lender. In either case, homes that do not sell at auction are now owned by the lender and are Owatonna REO properties.

Owatonna Banks Foreclosures

Bank Foreclosure

Owatonna bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in Owatonna, MN are not sold through a foreclosure auction, they become REO homes that are under the bank's control. Buyers must then approach banks and make offers on Owatonna bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in Owatonna Minnesota to be similar to buying from an agent. Check our Owatonna bank foreclosure listings and find discount properties.

>> See more info about bank foreclosures

Owatonna Government Foreclosures

Government Foreclosure

Owatonna Government homes are usually foreclosures with government-sponsored mortgages, but they can also be the result of a repossession due to a government tax lien. Most commonly you'll find homes from agencies like Freddie Mac, Fannie Mae, and the USDA, which are federal homes mortgage sponsors. Like like all lenders, they offer foreclosures for sale to the public. HUD homes in Owatonna MN are another popular type of foreclosure, as are VA foreclosures in Owatonna, which are available from the Veterans Affairs Department for especially great deals. Check our Owatonna government foreclosure listings.

>> See more info about govermment foreclosures

Owatonna Pre-Foreclosures

Foreclosure

PreForeclosures in Owatonna are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a Owatonna Lis Pendens, or Notice of Default. In some cases, the homeowner may attempt to pay off their debt during this time, but bankruptcies are also often declared. Law requires that bankruptcy homes and pre foreclosures must be in the pre foreclosure stage for at least 60 days before a foreclosure auction can be scheduled, but it can still takes weeks or months for a sale to occur.

>> See more info about pre-foreclosures

Owatonna Foreclosure Auctions

Foreclosure Auction

Most Owatonna foreclosed homes are sold through Sheriff auctions. These auctions are fantastic ways to find cheap houses for sale, often at up to 50% off market value. Anyone can bid at foreclosure auctions in Owatonna, and the auction is overseen by the Sheriff's office or a trustee. Be sure to secure financing before you attend an auction, because a down payment on the winning bid will be required after the sale ends. Auctions are the most common and sought after way to buy repo homes in Owatonna, MN. We offer a comprehensive Owatonna foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Owatonna, Minnesota

Find Home Foreclosure Listings in Owatonna, MN

Owatonna foreclosure listings are your ticket to the lowest prices on real estate in the city, and there's no better source for them than ForeclosureListingsNationwide.com. With our constantly updated database of foreclosure listings in Owatonna, MN and easy-to-use search tools, finding the properties you want is fast and effective. Spend more time comparing Los Angeles apartment foreclosures, houses for sale or investment foreclosure properties and let us take care of the hard work! Use ForeclosureListingsNationwide.com to find bankruptcy houses for sale in Owatonna Minnesota, best affordable foreclosure condo in Owatonna, cheap apartments for sale, bargain foreclosed homes for sale in Owatonna, MN and earn huge savings on the homes YOU want to buy!

Our Owatonna Foreclosure Lists

You can find Owatonna foreclosure homes for sale which you can buy for living or investment. Simply click through our Owatonna foreclosure home listings to find government foreclosures and bank owned homes in Owatonna area. If you're searching for a deep discount or low prices on real estate then searching our Owatonna foreclosure lists for homes foreclosure for sale or short sale listing in Owatonna is your answer. Our up-to-date Owatonna short sale listings provide the latest investing opportunities on affordable Owatonna bank owned property listings, government pre foreclosure lists, Owatonna banrkuptcy homes and Owatonna HUD repossessed homes for sale which can be found at below market value. With our massive foreclosure list in Owatonna, you should have little trouble finding the cheapest deal on a foreclosed home in Owatonna, Minnesota.

You can also search Medford foreclosure listings and Blooming Prairie foreclosure listings for more properties in the neighboring area.



Owatonna, MN

As of 2011, Owatonna's population is 24,710 people. Since 2000, it has had a population growth of 10. 24 percent. The median home cost in Owatonna is $143,600. Home appreciation the last year has been -3. 68 percent. Compared to the rest of the country, Owatonna's cost of living is 2. 80% Lower than the U. S. average. Owatonna public schools spend $5,199 per student. The average school expenditure in the U. S. is $5,678. There are about 17. 9 students per teacher in Owatonna. The unemployment rate in Owatonna is 7. 70 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Owatonna jobs have Decreased by 2. 38 percent. Average Commute time is 18 minutes. The National Average is 28 minutes.

Peopleowatonna, mnUS
Population24,710307,829,557
Pop Density1,97887
Pop Change10.24%9.34%
Median Age36.536.6
Households9,753116,329,167
Household Size2.472.58
Male Population49.22%49.31%
Female Population50.78%50.69%
Married Population54.51%47.15%
Single Population45.49%52.85%
Estimated Households By Household Incomeowatonna, mnUS
Income Less Than 15k8.99%12.10%
Income Between 15k And 25k8.96%10.18%
Income Between 25k And 35k11.08%10.56%
Income Between 35k And 50k17.17%14.98%
Income Between 50k And 75k25.33%19.53%
Income Between 75k And 100k14.33%12.52%
Income Between 100k And 150k10.82%12.14%
Income Between 150k And 250k1.87%3.91%
Income Between 250k And 500k1.25%3.34%
Income Greater Than 500k0.19%0.75%
Economyowatonna, mnUS
Unemployment Rate7.70%9.10%
Recent Job Growth-2.38%-0.12%
Future Job Growth27.54%31.25%
Sales Taxes7.00%6.80%
Income Taxes7.85%6.25%
Income Per Cap$24,846$27,067
Household Income$53,960$52,954
Housingowatonna, mnUS
Median Home Age37.235.1
Median Home Cost$143,600$175,100
Home Appreciation-3.68%-3.15%
Homes Owned72.66%59.90%
Housing Vacant3.99%10.37%
Homes Rented23.35%29.73%
Property Tax Rate$10.20$11.20
Owner Occupied Housing Units By Valueowatonna, mnUS
Less Than 20k2.04%2.65%
20k To 399991.30%3.76%
40k To 599991.41%4.99%
60k To 799994.50%6.01%
80k To 999998.20%7.27%
100k To 14999942.50%19.24%
150k To 19999924.89%14.67%
200k To 29999911.27%18.09%
300k To 3999993.01%9.14%
400k To 4999990.36%4.94%
500k To 7499990.26%5.42%
750k To 9999990.14%2.03%
1kk Or More0.12%1.77%
Educationowatonna, mnUS
School Expend$5,199$5,678
Pupil Teacher Ratio17.914.9
Students Per Librarian630803
Students Per Counselor1260513
2 Yr College Grad9.50%7.47%
4 Yr College Grad16.27%17.42%
Graduate Degrees6.71%10.12%
High School Grads89.28%84.72%
Crimeowatonna, mnUS
Violent Crime14
Property Crime44
Housing Units By Year Structure Builtowatonna, mnUS
1999 To 200513.58%13.71%
1995 To 19987.28%8.54%
1990 To 19947.65%5.77%
1980 To 19898.84%13.87%
1970 To 197917.13%16.17%
1960 To 19699.91%11.70%
1950 To 195912.67%11.08%
1940 To 19494.62%6.02%
1939 Or Earlier18.32%13.15%

Table Information