Foreclosure Homes in Cedar Grove, IN

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View this home at Roemer Rd Brookville IN 47012
$274,000 EMV
Roemer Rd
Brookville, IN 47012
4 |
EST. RENT: $1,400
AUCTION: 05-28-2024
4 |
View this home at Orchard Rd Brookville IN 47012
$327,608 EMV
Orchard Rd
Brookville, IN 47012
EST. RENT: $1,530
AUCTION: 04-30-2024
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Top Reasons To Live In Cedar Grove, IN In 2024

Cedar Grove is located in Franklin, Indiana, with an estimated municipal population of 152 residents. All of the best foreclosed homes for sale in Cedar Grove are located in the following zip code areas on 47016. The estimated population per square kilometer (.62 miles) in Cedar Grove is 388.

Cost Of Living In Cedar Grove, IN

So, about how much do homes cost in Cedar Grove? The most recent median value of resident-owned homes in Cedar Grove is 147,413. An estimated 69.9 percent of households in Cedar Grove own their homes, with an average family size of 2.39. The median household income in Cedar Grove is 59,375, with22.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Cedar Grove, the median commute time of resident workers (in minutes) is 27.8. And last, but certainly not least, are you looking for homes to rent in Cedar Grove? If so, the average rent price paid by renters in Cedar Grove is 482, according to recent statistics.

Diversity And Demographics In Cedar Grove, 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 Cedar Grove, 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 Cedar Grove is 45.2, split between 46.1 percent male versus 53.9 female. The percentage of residents who report being married in Cedar Grove is 51.7, with an average family size of 2.39.

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

White 100%
Black / African American 0%
Asian 0%
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 Cedar Grove? Or maybe you are searching for 55+ active adult communities in and/or near Cedar Grove?

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

Under 10 11.4%
Aged 10-19 6%
20s 9%
30s 7.2%
40s 19.8%
50s 7.8%
60s 28.8%
70s 7.2%
80+ 3%

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

Pros And Cons Of Living In Cedar Grove, Indiana

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

  • 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 Cedar Grove.

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

Cedar Grove, IN Foreclosures


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