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Foreclosure Homes in Elko, NV

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Elko, NV 89801

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St
Elko, NV 89801

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Indian Hills Dr
Elko, NV 89801

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Ave
Elko, NV 89801

Ave-Elko-NV-89801
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Ave
Elko, NV 89801

Walnut-st-Elko-NV-89801
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$211,140 EMV

Walnut St
Elko, NV 89801

3 Bed | 2 Bath | 1,663 Sq. Ft.

Indian-hills-drive-Elko-NV-89801
Preforeclosure NEW

Indian Hills Drive
Elko, NV 89801

3 Bed | 2 Bath | 1,196 Sq. Ft.

Spear-st-Elko-NV-89801
Preforeclosure
$221,000 EMV

Spear St
Elko, NV 89801

Indian-hls-dr-Elko-NV-89801
Preforeclosure

Indian Hls Dr
Elko, NV 89801

N-5th-st-Elko-NV-89801
Preforeclosure
$190,825 EMV

N 5th St
Elko, NV 89801

| 1,799 Sq. Ft.

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Foreclosure Homes in Elko, NV

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


Top Reasons To Live In Elko, NV In 2021

Elko is located in Elko, Nevada, with an estimated municipal population of 20,452 residents. All of the best foreclosed homes for sale in Elko are located in the following zip code areas on Foreclosure.com: 89801. The estimated population per square kilometer (.62 miles) in Elko is 442.


Cost Of Living In Elko, NV

So, about how much do homes cost in Elko? The most recent median value of resident-owned homes in Elko is 231,341. An estimated 60.4 percent of households in Elko own their homes, with an average family size of 3.22. The median household income in Elko is 79,205, with35.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Elko, the median commute time of resident workers (in minutes) is 27.9. And last, but certainly not least, are you looking for homes to rent in Elko? If so, the average rent price paid by renters in Elko is 1,021, according to recent statistics.


Diversity And Demographics In Elko, Nevada

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 Elko, 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 Elko is 32.6, split between 52.2 percent male versus 47.8 female. The percentage of residents who report being married in Elko is 48.7, with an average family size of 3.22.

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

White 86.6%
Black / African American 0.7%
Asian 2%
American Indian / Alaskan Native 3.3%
Native Hawaiian / Other Pacifc Islander 0.1%
Multi-racial 1.4%
Other 5.9%

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

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

Under 10 15%
Aged 10-19 13.9%
20s 17.8%
30s 15.8%
40s 10.6%
50s 12.2%
60s 8%
70s 4.6%
80+ 2.2%

Best Schools In Elko, Nevada

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


Pros And Cons Of Living In Elko, Nevada

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

  • 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 Elko.


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

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