Bankruptcy Homes in Cromwell, IA

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View this home at N Cherry St Creston IA 50801
N Cherry St
Creston, IA 50801
AUCTION: 04-16-2024
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Top Reasons To Live In Cromwell, IA In 2024

Cromwell is located in Union, Iowa, with an estimated municipal population of 108 residents. All of the best foreclosed homes for sale in Cromwell are located in the following zip code areas on 50842 50801. The estimated population per square kilometer (.62 miles) in Cromwell is 143.

Cost Of Living In Cromwell, IA

So, about how much do homes cost in Cromwell? The most recent median value of resident-owned homes in Cromwell is 70,897. An estimated 97.5 percent of households in Cromwell own their homes, with an average family size of 2.58. The median household income in Cromwell is 46,875, with15 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Cromwell, the median commute time of resident workers (in minutes) is 22.1.

Diversity And Demographics In Cromwell, Iowa

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 Cromwell, 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 Cromwell is 58.3, split between 49.4 percent male versus 50.6 female. The percentage of residents who report being married in Cromwell is 78.9, with an average family size of 2.58.

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

White 97.8%
Black / African American 0%
Asian 2.2%
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 Cromwell? Or maybe you are searching for 55+ active adult communities in and/or near Cromwell?

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

Under 10 13.4%
Aged 10-19 4.5%
20s 4.4%
30s 4.4%
40s 12.3%
50s 12.3%
60s 23.6%
70s 21.3%
80+ 3.4%

Best Schools In Cromwell, Iowa

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

Pros And Cons Of Living In Cromwell, Iowa

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

  • 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 Cromwell.

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

Cromwell, IA Bankruptcy Homes


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