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Foreclosure Homes in Edgemoor, DE

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Foreclosure Homes in Edgemoor, DE

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


Top Reasons To Live In Edgemoor, DE In 2021

Edgemoor is located in New Castle, Delaware, with an estimated municipal population of 6,934 residents. All of the best foreclosed homes for sale in Edgemoor are located in the following zip code areas on Foreclosure.com: 19809 19802. The estimated population per square kilometer (.62 miles) in Edgemoor is 1,434.


Cost Of Living In Edgemoor, DE

So, about how much do homes cost in Edgemoor? The most recent median value of resident-owned homes in Edgemoor is 189,846. An estimated 56 percent of households in Edgemoor own their homes, with an average family size of 3.48. The median household income in Edgemoor is 56,576, with20.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Edgemoor, the median commute time of resident workers (in minutes) is 29.6. And last, but certainly not least, are you looking for homes to rent in Edgemoor? If so, the average rent price paid by renters in Edgemoor is 1,110, according to recent statistics.


Diversity And Demographics In Edgemoor, Delaware

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 Edgemoor, 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 Edgemoor is 37.1, split between 46.7 percent male versus 53.3 female. The percentage of residents who report being married in Edgemoor is 38.2, with an average family size of 3.48.

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

White 37.1%
Black / African American 49.4%
Asian 10.6%
American Indian / Alaskan Native 0.3%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.7%
Other 0%

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

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

Under 10 6.1%
Aged 10-19 22.9%
20s 11.2%
30s 15.4%
40s 15.7%
50s 11.2%
60s 8.5%
70s 7.6%
80+ 1.4%

Best Schools In Edgemoor, Delaware

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


Pros And Cons Of Living In Edgemoor, Delaware

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

  • 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 Edgemoor.


Reasons To Move To Edgemoor, Delaware, In 2021

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

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