Princeton MN Bank Owned Homes For Sale

Check out bank owned homes in Princeton MN

Check out bank owned homes in Princeton MN

Search for all bank owned homes for sale in Princeton MN 55371!

Located off of HWY 169 North in between Mille Lacs Lake and the Twin Cities Princeton MN offers affordable homes within 1 hour of the Twin Cities area.  Princeton MN bank owned homes have been a hot seller over the past few years.

Buyers looking for space between their neighbors and their own home seek out acreage foreclosure deals in the Princeton Area.  When searching for homes in Princeton it should be noted to search by the 55371 zip code or to include area townships such as Baldwin Township, Blue Hill Township, Greenbush Township, Wyannt Township and Princeton Township.

Princeton MN Bank Owned Home Real Estate Market Update

At the time of this post there were still a handful of available foreclosure homes for sale in Princeton for under $100k.  Many of the bank owned homes in the Princeton area are on 1+ acre since several of the townships were developed in the early 2000’s this area offers newer built homes at great deals with the foreclosure market.

Like most areas the Princeton Area bank owned homes sales have slowed a bit due to the improving real estate market.  There were still a little over 70 closed bank owned homes sale in 2013 in the Princeton Area (55371 Zip Code).  About 50% of those sales were still under $100k with some really great bargains for investors and home buyers.

We do expect to see a lower percentage of homes sold under $100k in the Princeton Area but do still expect some great deals in 2014.