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Preforeclosure Homes in Eldon, IA

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View this home at 160th Ave Ottumwa IA 52501
Preforeclosure
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$64,524 EMV
160th Ave
Ottumwa, IA 52501
Single-Family
|
2 |
1
|
1,077
EST. RENT: $1,241
|
AUCTION: 05-08-2024
Single-Family
|
2 |
1
|
1,077
View this home at E 4th St Ottumwa IA 52501
Preforeclosure
VIEW DETAILS
$121,030 EMV
E 4th St
Ottumwa, IA 52501
Single-Family
|
3 |
1
|
1,595
EST. RENT: $1,370
|
AUCTION: 04-10-2024
Single-Family
|
3 |
1
|
1,595
View this home at S Webster St Ottumwa IA 52501
Preforeclosure
VIEW DETAILS
$144,342 EMV
S Webster St
Ottumwa, IA 52501
Single-Family
|
2 |
1
|
774
EST. RENT: $1,201
|
AUCTION: 04-10-2024
Single-Family
|
2 |
1
|
774
Displaying 11 - 20 of 32

Top Reasons To Live In Eldon, IA In 2024

Eldon is located in Wapello, Iowa, with an estimated municipal population of 915 residents. All of the best foreclosed homes for sale in Eldon are located in the following zip code areas on Foreclosure.com: 52554. The estimated population per square kilometer (.62 miles) in Eldon is 317.


Cost Of Living In Eldon, IA

So, about how much do homes cost in Eldon? The most recent median value of resident-owned homes in Eldon is 49,119. An estimated 83.2 percent of households in Eldon own their homes, with an average family size of 2.88. The median household income in Eldon is 43,125, with6.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Eldon, the median commute time of resident workers (in minutes) is 24.5. And last, but certainly not least, are you looking for homes to rent in Eldon? If so, the average rent price paid by renters in Eldon is 571, according to recent statistics.


Diversity And Demographics In Eldon, 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 Eldon, 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 Eldon is 41.6, split between 45.8 percent male versus 54.2 female. The percentage of residents who report being married in Eldon is 43.8, with an average family size of 2.88.

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

White 98.2%
Black / African American 0%
Asian 0.4%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.3%
Other 0%

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

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

Under 10 9.8%
Aged 10-19 11.9%
20s 15.1%
30s 10.2%
40s 16.9%
50s 14.6%
60s 12.7%
70s 5.7%
80+ 3.2%

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


Pros And Cons Of Living In Eldon, Iowa

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

  • 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 Eldon.


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

Eldon, IA Preforeclosure Homes


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