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Foreclosure Homes in Ephraim, WI

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View this home at Orchard Dr Sister Bay WI 54234
Preforeclosure
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$231,239 EMV
Orchard Dr
Sister Bay, WI 54234
Single-Family
EST. RENT: $1,540
|
AUCTION: 05-01-2024
Single-Family
Displaying 1 - 10 of 23
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Top Reasons To Live In Ephraim, WI In 2024

Ephraim is located in Door, Wisconsin, with an estimated municipal population of 280 residents. All of the best foreclosed homes for sale in Ephraim are located in the following zip code areas on Foreclosure.com: 54211. The estimated population per square kilometer (.62 miles) in Ephraim is 28.


Cost Of Living In Ephraim, WI

So, about how much do homes cost in Ephraim? The most recent median value of resident-owned homes in Ephraim is 399,494. An estimated 90.3 percent of households in Ephraim own their homes, with an average family size of 2.38. The median household income in Ephraim is 76,667, with34.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Ephraim, the median commute time of resident workers (in minutes) is 6.7. And last, but certainly not least, are you looking for homes to rent in Ephraim? If so, the average rent price paid by renters in Ephraim is 775, according to recent statistics.


Diversity And Demographics In Ephraim, Wisconsin

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 Ephraim, 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 Ephraim is 68.1, split between 43.7 percent male versus 56.3 female. The percentage of residents who report being married in Ephraim is 69.6, with an average family size of 2.38.

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

White 99.6%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.4%
Other 0%

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

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

Under 10 4.9%
Aged 10-19 3.3%
20s 0.4%
30s 6.7%
40s 4.1%
50s 10.4%
60s 33.6%
70s 24.3%
80+ 12.3%

Best Schools In Ephraim, Wisconsin

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


Pros And Cons Of Living In Ephraim, Wisconsin

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

  • 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 Ephraim.


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

Ephraim, WI Foreclosures


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