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Foreclosure Homes in Addison, MI

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Addison-rd-Addison-MI-49220
Bankruptcy

Addison Rd
Addison, MI 49220

| 1 Bath | 2,318 Sq. Ft.

13 E-main-st-Addison-MI-49220
Foreclosure
$146,795 EMV

E Main St
Addison, MI 49220

3 Bed | 2 Bath | 1,680 Sq. Ft.

Herold-hwy-Addison-MI-49220
Preforeclosure

Herold Hwy
Addison, MI 49220

Displaying 1 - 3 of 3
 

Foreclosure Homes in Addison, MI

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


Top Reasons To Live In Addison, MI In 2021

Addison is located in Lenawee, Michigan, with an estimated municipal population of 583 residents. All of the best foreclosed homes for sale in Addison are located in the following zip code areas on Foreclosure.com: 49220. The estimated population per square kilometer (.62 miles) in Addison is 235.


Cost Of Living In Addison, MI

So, about how much do homes cost in Addison? The most recent median value of resident-owned homes in Addison is 94,411. An estimated 56.4 percent of households in Addison own their homes, with an average family size of 3.26. The median household income in Addison is 43,438, with10.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Addison, the median commute time of resident workers (in minutes) is 24.6. And last, but certainly not least, are you looking for homes to rent in Addison? If so, the average rent price paid by renters in Addison is 658, according to recent statistics.


Diversity And Demographics In Addison, Michigan

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 Addison, 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 Addison is 36, split between 44.4 percent male versus 55.6 female. The percentage of residents who report being married in Addison is 40.5, with an average family size of 3.26.

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

White 99%
Black / African American 0.3%
Asian 0.4%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.3%
Other 0%

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

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

Under 10 17.6%
Aged 10-19 13.6%
20s 7.7%
30s 18%
40s 10.3%
50s 12.7%
60s 12.7%
70s 5.1%
80+ 2.3%

Best Schools In Addison, Michigan

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


Pros And Cons Of Living In Addison, Michigan

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

  • 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 Addison.


Reasons To Move To Addison, Michigan, In 2021

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

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