East Providence is located in Providence, Rhode Island, with an estimated municipal population of 47,618 residents. All of the best foreclosed homes for sale in East Providence are located in the following zip code areas on Foreclosure.com: 02915 02914 02916. The estimated population per square kilometer (.62 miles) in East Providence is 1,383.
So, about how much do homes cost in East Providence? The most recent median value of resident-owned homes in East Providence is 220,787. An estimated 61 percent of households in East Providence own their homes, with an average family size of 3.07. The median household income in East Providence is 59,142, with26.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in East Providence, the median commute time of resident workers (in minutes) is 24.2. And last, but certainly not least, are you looking for homes to rent in East Providence? If so, the average rent price paid by renters in East Providence is 974, 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 East Providence, 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 East Providence is 41.3, split between 48 percent male versus 52 female. The percentage of residents who report being married in East Providence is 43.2, with an average family size of 3.07.
The percentage of residents who report their race in East Providence is as follows:
| White | 82.6% |
| Black / African American | 6.4% |
| Asian | 2.9% |
| American Indian / Alaskan Native | 0.1% |
| Native Hawaiian / Other Pacifc Islander | 0.1% |
| Multi-racial | 5.2% |
| Other | 2.7% |
Looking for family-friendly neighborhoods in and/or near East Providence? Or maybe you are searching for 55+ active adult communities in and/or near East Providence?
The percentage of residents who report their age in East Providence is as follows:
| Under 10 | 10% |
| Aged 10-19 | 9.3% |
| 20s | 14.2% |
| 30s | 14.7% |
| 40s | 10.4% |
| 50s | 14.2% |
| 60s | 12.9% |
| 70s | 7.4% |
| 80+ | 6.8% |
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 East Providence with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in East Providence.
How do you know that living in -- or moving to -- East Providence is right where you need to be? Perhaps you grew up in East Providence or already live nearby; therefore, the decision to buy a home in East Providence is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to East Providence 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 East Providence:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like East Providence.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in East Providence can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in East Providence, meanwhile, can field multiple offers from more qualified buyers.
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