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Coalton is located in Montgomery, Illinois, with an estimated municipal population of 286 residents. All of the best foreclosed homes for sale in Coalton are located in the following zip code areas on Foreclosure.com: 62075. The estimated population per square kilometer (.62 miles) in Coalton is 208.
So, about how much do homes cost in Coalton? The most recent median value of resident-owned homes in Coalton is 71,250. An estimated 91.6 percent of households in Coalton own their homes, with an average family size of 3.06. The median household income in Coalton is 43,625, with19.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Coalton, the median commute time of resident workers (in minutes) is 24.7. And last, but certainly not least, are you looking for homes to rent in Coalton? If so, the average rent price paid by renters in Coalton is 683, 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 Coalton, 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 Coalton is 46.3, split between 48.5 percent male versus 51.5 female. The percentage of residents who report being married in Coalton is 62.9, with an average family size of 3.06.
The percentage of residents who report their race in Coalton is as follows:
| White | 97.4% |
| Black / African American | 0% |
| Asian | 0% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 2.6% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near Coalton? Or maybe you are searching for 55+ active adult communities in and/or near Coalton?
The percentage of residents who report their age in Coalton is as follows:
| Under 10 | 15.2% |
| Aged 10-19 | 6.7% |
| 20s | 12.6% |
| 30s | 8.8% |
| 40s | 12% |
| 50s | 16% |
| 60s | 15.5% |
| 70s | 7.6% |
| 80+ | 5.5% |
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 Coalton with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Coalton.
How do you know that living in -- or moving to -- Coalton is right where you need to be? Perhaps you grew up in Coalton or already live nearby; therefore, the decision to buy a home in Coalton is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Coalton 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 Coalton:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Coalton.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Coalton can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Coalton, meanwhile, can field multiple offers from more qualified buyers.
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