Bankruptcy Homes in Bessemer, MI

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View this home at Elm St Ramsay MI 49959
$54,513 EMV
View this home at Hancock St Wakefield MI 49968
$145,693 EMV
View this home at E Midland Ave Ironwood MI 49938
$65,549 EMV
View this home at E Margaret St Ironwood MI 49938
$100,794 EMV
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Foreclosure Homes in Bessemer, MI

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

Top Reasons To Live In Bessemer, MI In 2023

Bessemer is located in Gogebic, Michigan, with an estimated municipal population of 1,707 residents. All of the best foreclosed homes for sale in Bessemer are located in the following zip code areas on 49911. The estimated population per square kilometer (.62 miles) in Bessemer is 119.

Cost Of Living In Bessemer, MI

So, about how much do homes cost in Bessemer? The most recent median value of resident-owned homes in Bessemer is 58,073. An estimated 75.5 percent of households in Bessemer own their homes, with an average family size of 2.86. The median household income in Bessemer is 35,469, with7.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Bessemer, the median commute time of resident workers (in minutes) is 13.9. And last, but certainly not least, are you looking for homes to rent in Bessemer? If so, the average rent price paid by renters in Bessemer is 395, according to recent statistics.

Diversity And Demographics In Bessemer, 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 Bessemer, 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 Bessemer is 48.8, split between 51.3 percent male versus 48.7 female. The percentage of residents who report being married in Bessemer is 47.3, with an average family size of 2.86.

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

White 97%
Black / African American 0.8%
Asian 1%
American Indian / Alaskan Native 0.7%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.4%
Other 0.1%

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

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

Under 10 10.3%
Aged 10-19 11.8%
20s 11.2%
30s 6.5%
40s 11.4%
50s 17%
60s 16.2%
70s 9.9%
80+ 5.7%

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

Pros And Cons Of Living In Bessemer, Michigan

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

  • 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 Bessemer.

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

Bessemer, MI Bankruptcy Homes


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