3 Bed | 1.5 Bath | 1,120 Sq. Ft.
4 Bed | 2 Bath | 2,200 Sq. Ft.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Elberta, MI area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Elberta, MI and much more. Save thousands at closing with home foreclosure listings in Elberta, MI — up to 75% off market value!
Elberta is located in Benzie, Michigan, with an estimated municipal population of 371 residents. All of the best foreclosed homes for sale in Elberta are located in the following zip code areas on Foreclosure.com: 49628. The estimated population per square kilometer (.62 miles) in Elberta is 190.
So, about how much do homes cost in Elberta? The most recent median value of resident-owned homes in Elberta is 124,830. An estimated 94.2 percent of households in Elberta own their homes, with an average family size of 3.32. The median household income in Elberta is 52,917, with1.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Elberta, the median commute time of resident workers (in minutes) is 18.1.
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 Elberta, 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 Elberta is 44.6, split between 38.2 percent male versus 61.8 female. The percentage of residents who report being married in Elberta is 38.8, with an average family size of 3.32.
The percentage of residents who report their race in Elberta is as follows:
| White | 97% |
| Black / African American | 0% |
| Asian | 0% |
| American Indian / Alaskan Native | 1.8% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 1.2% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near Elberta? Or maybe you are searching for 55+ active adult communities in and/or near Elberta?
The percentage of residents who report their age in Elberta is as follows:
| Under 10 | 10.3% |
| Aged 10-19 | 19.4% |
| 20s | 6.1% |
| 30s | 5.5% |
| 40s | 17% |
| 50s | 14.5% |
| 60s | 18.7% |
| 70s | 1.8% |
| 80+ | 6.6% |
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 Elberta with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Elberta.
How do you know that living in -- or moving to -- Elberta is right where you need to be? Perhaps you grew up in Elberta or already live nearby; therefore, the decision to buy a home in Elberta is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Elberta 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 Elberta:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Elberta.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Elberta can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Elberta, meanwhile, can field multiple offers from more qualified buyers.
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