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Multi-family Homes in Lovington, IL

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Top Reasons To Live In Lovington, IL In 2024

Lovington is located in Moultrie, Illinois, with an estimated municipal population of 1,026 residents. All of the best foreclosed homes for sale in Lovington are located in the following zip code areas on Foreclosure.com: 61937. The estimated population per square kilometer (.62 miles) in Lovington is 500.


Cost Of Living In Lovington, IL

So, about how much do homes cost in Lovington? The most recent median value of resident-owned homes in Lovington is 73,416. An estimated 67.9 percent of households in Lovington own their homes, with an average family size of 2.76. The median household income in Lovington is 45,526, with9.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lovington, the median commute time of resident workers (in minutes) is 24.4. And last, but certainly not least, are you looking for homes to rent in Lovington? If so, the average rent price paid by renters in Lovington is 534, according to recent statistics.


Diversity And Demographics In Lovington, 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 Lovington, 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 Lovington is 36.7, split between 50.7 percent male versus 49.3 female. The percentage of residents who report being married in Lovington is 57.5, with an average family size of 2.76.

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

White 94.7%
Black / African American 1.6%
Asian 0%
American Indian / Alaskan Native 2.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.6%
Other 0%

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

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

Under 10 14%
Aged 10-19 9.7%
20s 17.5%
30s 11.6%
40s 12.6%
50s 16.6%
60s 8.9%
70s 3.6%
80+ 5.2%

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


Pros And Cons Of Living In Lovington, Illinois

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

  • 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 Lovington.


Reasons To Move To Lovington, 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 Lovington can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Lovington, meanwhile, can field multiple offers from more qualified buyers.

Lovington, IL Multi-family Homes Foreclosures


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