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Short Sale Listings in Hume, IL

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View this home at Chestnut St Paris IL 61944
Preforeclosure
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$58,709 EMV
Chestnut St
Paris, IL 61944
Single-Family
|
4 |
2
|
2,792
EST. RENT: $952
|
AUCTION: 06-11-2024
Single-Family
|
4 |
2
|
2,792
Displaying 1 - 10 of 32

Top Reasons To Live In Hume, IL In 2024

Hume is located in Edgar, Illinois, with an estimated municipal population of 347 residents. All of the best foreclosed homes for sale in Hume are located in the following zip code areas on Foreclosure.com: 61932. The estimated population per square kilometer (.62 miles) in Hume is 236.


Cost Of Living In Hume, IL

So, about how much do homes cost in Hume? The most recent median value of resident-owned homes in Hume is 59,796. An estimated 83.1 percent of households in Hume own their homes, with an average family size of 2.51. The median household income in Hume is 46,000, with14.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Hume, the median commute time of resident workers (in minutes) is 35.3. And last, but certainly not least, are you looking for homes to rent in Hume? If so, the average rent price paid by renters in Hume is 598, according to recent statistics.


Diversity And Demographics In Hume, Illinois

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 Hume, 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 Hume is 50, split between 50.9 percent male versus 49.1 female. The percentage of residents who report being married in Hume is 52.3, with an average family size of 2.51.

The percentage of residents who report their race in Hume is as follows:

White 97.5%
Black / African American 0.6%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.9%
Other 0%

Looking for family-friendly neighborhoods in and/or near Hume? Or maybe you are searching for 55+ active adult communities in and/or near Hume?

The percentage of residents who report their age in Hume is as follows:

Under 10 9%
Aged 10-19 10.5%
20s 15.2%
30s 10.2%
40s 5.3%
50s 16%
60s 15.8%
70s 10.8%
80+ 7.4%

Best Schools In Hume, Illinois

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 Hume with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Hume.


Pros And Cons Of Living In Hume, Illinois

How do you know that living in -- or moving to -- Hume is right where you need to be? Perhaps you grew up in Hume or already live nearby; therefore, the decision to buy a home in Hume is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Hume 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 Hume:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Hume.


Reasons To Move To Hume, Illinois, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Hume can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Hume, meanwhile, can field multiple offers from more qualified buyers.

Hume, IL Short Sale Listings


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