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There are currently 22 real estate properties in Fenwood, WI, with a median automated valuation model (AVM) price of $112,619.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fenwood, WI, 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 Fenwood, WI, is $135,043.00, with the most expensive house in Fenwood, WI, topping out at $355,468.00 and the cheapest home in Fenwood, WI, clocking in at $30,912.00. In other words, there’s something for every potential homebuyer or savvy investor in Fenwood, WI!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fenwood, WI, is on a rollercoaster ride. The average rent price in Fenwood, WI, is $1,589.00. Indeed, when looking to rent in Fenwood, WI, you can expect to pay as little as $1,140.00 or as much as $1,880.00, with the average rent median estimated to be $1,580.00. The good news is that finding an affordable and desirable property to rent in Fenwood, WI -- 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.
Fenwood is located in Marathon, Wisconsin, with an estimated municipal population of 155 residents. All of the best foreclosed homes for sale in Fenwood are located in the following zip code areas on Foreclosure.com: 54426. The estimated population per square kilometer (.62 miles) in Fenwood is 60.
So, about how much do homes cost in Fenwood? The most recent median value of resident-owned homes in Fenwood is 90,618. An estimated 89.2 percent of households in Fenwood own their homes, with an average family size of 2.71. The median household income in Fenwood is 61,250, with21.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Fenwood, the median commute time of resident workers (in minutes) is 27.6.
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 Fenwood, 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 Fenwood is 38, split between 48.9 percent male versus 51.1 female. The percentage of residents who report being married in Fenwood is 65.4, with an average family size of 2.71.
The percentage of residents who report their race in Fenwood is as follows:
| White | 86.8% |
| Black / African American | 0% |
| Asian | 0% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 13.2% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near Fenwood? Or maybe you are searching for 55+ active adult communities in and/or near Fenwood?
The percentage of residents who report their age in Fenwood is as follows:
| Under 10 | 17.8% |
| Aged 10-19 | 12% |
| 20s | 8% |
| 30s | 17.8% |
| 40s | 17.8% |
| 50s | 8% |
| 60s | 15.5% |
| 70s | 1.7% |
| 80+ | 1.1% |
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 Fenwood with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Fenwood.
How do you know that living in -- or moving to -- Fenwood is right where you need to be? Perhaps you grew up in Fenwood or already live nearby; therefore, the decision to buy a home in Fenwood is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Fenwood 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 Fenwood:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Fenwood.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Fenwood can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Fenwood, meanwhile, can field multiple offers from more qualified buyers.
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