Cheap Homes in Bunker Hill, IN

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View this home at Chanute Ave Peru IN 46970
$35,170 EMV

3 Bed | 1 Bath | 1,025 Sq. Ft.

View this home at Gunter Ct Peru IN 46970
$44,652 EMV

4 Bed | 3 Bath | 1,550 Sq. Ft.

View this home at Chanute Ave Peru IN 46970
$35,170 EMV

3 Bed | 1 Bath | 1,025 Sq. Ft.

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Top Reasons To Live In Bunker Hill, IN In 2024

Bunker Hill is located in Miami, Indiana, with an estimated municipal population of 851 residents. All of the best foreclosed homes for sale in Bunker Hill are located in the following zip code areas on 46914. The estimated population per square kilometer (.62 miles) in Bunker Hill is 845.

Cost Of Living In Bunker Hill, IN

So, about how much do homes cost in Bunker Hill? The most recent median value of resident-owned homes in Bunker Hill is 69,329. An estimated 71.3 percent of households in Bunker Hill own their homes, with an average family size of 3.02. The median household income in Bunker Hill is 46,071, with11.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Bunker Hill, 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 Bunker Hill? If so, the average rent price paid by renters in Bunker Hill is 575, according to recent statistics.

Diversity And Demographics In Bunker Hill, Indiana

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 Bunker Hill, 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 Bunker Hill is 43.2, split between 46 percent male versus 54 female. The percentage of residents who report being married in Bunker Hill is 55.3, with an average family size of 3.02.

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

White 97.7%
Black / African American 0.8%
Asian 0.8%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.8%
Other 0%

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

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

Under 10 14.2%
Aged 10-19 10.5%
20s 11.7%
30s 9%
40s 14.8%
50s 17.8%
60s 13.3%
70s 6%
80+ 2.8%

Best Schools In Bunker Hill, Indiana

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

Pros And Cons Of Living In Bunker Hill, Indiana

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

  • 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 Bunker Hill.

Reasons To Move To Bunker Hill, Indiana, In 2024

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

Cheap Homes in Bunker Hill, IN


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