Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Alamo, TX area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Alamo, TX and much more. Save thousands at closing with home foreclosure listings in Alamo, TX — up to 75% off market value!
Alamo is located in Hidalgo, Texas, with an estimated municipal population of 19,910 residents. All of the best foreclosed homes for sale in Alamo are located in the following zip code areas on Foreclosure.com: 78516. The estimated population per square kilometer (.62 miles) in Alamo is 1,023.
So, about how much do homes cost in Alamo? The most recent median value of resident-owned homes in Alamo is 66,885. An estimated 70.1 percent of households in Alamo own their homes, with an average family size of 3.88. The median household income in Alamo is 39,858, with11.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Alamo, the median commute time of resident workers (in minutes) is 20.8. And last, but certainly not least, are you looking for homes to rent in Alamo? If so, the average rent price paid by renters in Alamo is 601, according to recent statistics.
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 Alamo, 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 Alamo is 31.1, split between 47.8 percent male versus 52.2 female. The percentage of residents who report being married in Alamo is 56.7, with an average family size of 3.88.
The percentage of residents who report their race in Alamo is as follows:
| White | 96.9% |
| Black / African American | 0.2% |
| Asian | 0% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 0.3% |
| Other | 2.5% |
Looking for family-friendly neighborhoods in and/or near Alamo? Or maybe you are searching for 55+ active adult communities in and/or near Alamo?
The percentage of residents who report their age in Alamo is as follows:
| Under 10 | 20.7% |
| Aged 10-19 | 16.7% |
| 20s | 10.8% |
| 30s | 12.5% |
| 40s | 9.1% |
| 50s | 8.8% |
| 60s | 9.8% |
| 70s | 7.3% |
| 80+ | 4.3% |
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 Alamo with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Alamo.
How do you know that living in -- or moving to -- Alamo is right where you need to be? Perhaps you grew up in Alamo or already live nearby; therefore, the decision to buy a home in Alamo is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Alamo 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 Alamo:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Alamo.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Alamo can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Alamo, meanwhile, can field multiple offers from more qualified buyers.
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