There are currently 82 real estate properties in Elk Mountain, WY, with a median automated valuation model (AVM) price of $219,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Elk Mountain, WY, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Elk Mountain, WY, is $252,627.00, with the most expensive house in Elk Mountain, WY, topping out at $1,268,100.00 and the cheapest home in Elk Mountain, WY, clocking in at $31,932.00. In other words, there’s something for every potential homebuyer or savvy investor in Elk Mountain, WY!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elk Mountain, WY, is on a rollercoaster ride. The average rent price in Elk Mountain, WY, is $1,155.00. Indeed, when looking to rent in Elk Mountain, WY, you can expect to pay as little as $750.00 or as much as $1,940.00, with the average rent median estimated to be $1,140.00. The good news is that finding an affordable and desirable property to rent in Elk Mountain, WY -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Elk Mountain is located in Carbon, Wyoming, with an estimated municipal population of 185 residents. All of the best foreclosed homes for sale in Elk Mountain are located in the following zip code areas on Foreclosure.com: 82324. The estimated population per square kilometer (.62 miles) in Elk Mountain is 258.
So, about how much do homes cost in Elk Mountain? The most recent median value of resident-owned homes in Elk Mountain is 132,964. An estimated 57.7 percent of households in Elk Mountain own their homes, with an average family size of 3.02. The median household income in Elk Mountain is 51,250, with6.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Elk Mountain, the median commute time of resident workers (in minutes) is 38.1.
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 Elk Mountain, 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 Elk Mountain is 32.7, split between 47.9 percent male versus 52.1 female. The percentage of residents who report being married in Elk Mountain is 68.4, with an average family size of 3.02.
The percentage of residents who report their race in Elk Mountain is as follows:
White | 100% |
Black / African American | 0% |
Asian | 0% |
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 Elk Mountain? Or maybe you are searching for 55+ active adult communities in and/or near Elk Mountain?
The percentage of residents who report their age in Elk Mountain is as follows:
Under 10 | 8.3% |
Aged 10-19 | 21.2% |
20s | 13.9% |
30s | 11.3% |
40s | 11.9% |
50s | 14.4% |
60s | 6.7% |
70s | 8.8% |
80+ | 3.6% |
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 Elk Mountain with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Elk Mountain.
How do you know that living in -- or moving to -- Elk Mountain is right where you need to be? Perhaps you grew up in Elk Mountain or already live nearby; therefore, the decision to buy a home in Elk Mountain is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Elk Mountain 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 Elk Mountain:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Elk Mountain.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Elk Mountain can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Elk Mountain, meanwhile, can field multiple offers from more qualified buyers.
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