Avalon is located in Cape May, New Jersey, with an estimated municipal population of 1,236 residents. All of the best foreclosed homes for sale in Avalon are located in the following zip code areas on Foreclosure.com: 08202. The estimated population per square kilometer (.62 miles) in Avalon is 111.
So, about how much do homes cost in Avalon? The most recent median value of resident-owned homes in Avalon is 1,249,314. An estimated 93 percent of households in Avalon own their homes, with an average family size of 2.3. The median household income in Avalon is 95,556, with48.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Avalon, the median commute time of resident workers (in minutes) is 28.1. And last, but certainly not least, are you looking for homes to rent in Avalon? If so, the average rent price paid by renters in Avalon is 1,333, 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 Avalon, 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 Avalon is 66, split between 47.2 percent male versus 52.8 female. The percentage of residents who report being married in Avalon is 69.1, with an average family size of 2.3.
The percentage of residents who report their race in Avalon is as follows:
| White | 99.5% |
| Black / African American | 0.1% |
| Asian | 0.4% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 0% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near Avalon? Or maybe you are searching for 55+ active adult communities in and/or near Avalon?
The percentage of residents who report their age in Avalon is as follows:
| Under 10 | 3.2% |
| Aged 10-19 | 4.9% |
| 20s | 4.6% |
| 30s | 4.7% |
| 40s | 3.9% |
| 50s | 14% |
| 60s | 26.6% |
| 70s | 22.7% |
| 80+ | 15.3% |
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 Avalon with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Avalon.
How do you know that living in -- or moving to -- Avalon is right where you need to be? Perhaps you grew up in Avalon or already live nearby; therefore, the decision to buy a home in Avalon is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Avalon 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 Avalon:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Avalon.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Avalon can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Avalon, meanwhile, can field multiple offers from more qualified buyers.
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