Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Elk Rapids, MI area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Elk Rapids, MI and much more. Save thousands at closing with home foreclosure listings in Elk Rapids, MI — up to 75% off market value!
Elk Rapids is located in Antrim, Michigan, with an estimated municipal population of 1,615 residents. All of the best foreclosed homes for sale in Elk Rapids are located in the following zip code areas on Foreclosure.com: 49629. The estimated population per square kilometer (.62 miles) in Elk Rapids is 377.
So, about how much do homes cost in Elk Rapids? The most recent median value of resident-owned homes in Elk Rapids is 228,339. An estimated 77.1 percent of households in Elk Rapids own their homes, with an average family size of 2.49. The median household income in Elk Rapids is 60,536, with22.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Elk Rapids, the median commute time of resident workers (in minutes) is 18.9. And last, but certainly not least, are you looking for homes to rent in Elk Rapids? If so, the average rent price paid by renters in Elk Rapids is 827, according to recent statistics.
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 Rapids, 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 Rapids is 56.6, split between 45.6 percent male versus 54.4 female. The percentage of residents who report being married in Elk Rapids is 58.5, with an average family size of 2.49.
The percentage of residents who report their race in Elk Rapids is as follows:
|Black / African American||0%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Elk Rapids? Or maybe you are searching for 55+ active adult communities in and/or near Elk Rapids?
The percentage of residents who report their age in Elk Rapids is as follows:
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 Rapids with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Elk Rapids.
How do you know that living in -- or moving to -- Elk Rapids is right where you need to be? Perhaps you grew up in Elk Rapids or already live nearby; therefore, the decision to buy a home in Elk Rapids is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Elk Rapids 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 Rapids:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Elk Rapids.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Elk Rapids can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Elk Rapids, meanwhile, can field multiple offers from more qualified buyers.
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