Foreclosure Homes in Patterson, IA

Foreclosure Homes in Patterson, IA

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Patterson, IA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Patterson, IA and much more. Save thousands at closing with home foreclosure listings in Patterson, IA — up to 75% off market value!

Top Reasons To Live In Patterson, IA In 2023

Patterson is located in Madison, Iowa, with an estimated municipal population of 161 residents. All of the best foreclosed homes for sale in Patterson are located in the following zip code areas on Foreclosure.com: 50273 50229 50218. The estimated population per square kilometer (.62 miles) in Patterson is 132.

Cost Of Living In Patterson, IA

So, about how much do homes cost in Patterson? The most recent median value of resident-owned homes in Patterson is 92,494. An estimated 83.7 percent of households in Patterson own their homes, with an average family size of 2.42. The median household income in Patterson is 53,500, with7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Patterson, the median commute time of resident workers (in minutes) is 31. And last, but certainly not least, are you looking for homes to rent in Patterson? If so, the average rent price paid by renters in Patterson is 922, according to recent statistics.

Diversity And Demographics In Patterson, Iowa

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 Patterson, 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 Patterson is 40.5, split between 51.2 percent male versus 48.8 female. The percentage of residents who report being married in Patterson is 59, with an average family size of 2.42.

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

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

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

Best Schools In Patterson, Iowa

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

Pros And Cons Of Living In Patterson, Iowa

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

• 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 Patterson.

Reasons To Move To Patterson, Iowa, In 2023

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