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Foreclosure Homes in Ericson, NE

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Ericson, NE Foreclosures

How much do homes sell for in Ericson, NE?
The average home price is currently $855,966.
In Ericson, NE, how many homes are available?
There are currently 70 active home listings available in Ericson.
What’s the average rental cost in Ericson, NE?
The average rental price in Ericson is $1,070.
What is the most expensive home in Ericson, Nebraska?
The most expensive home sold in Ericson had a price of $2,671,000.
What is currently the cheapest priced home in Ericson, NE?
The cheapest home for sale in Ericson is priced at $259,500.

Home Value Estimator For Ericson, NE

There are currently 70 real estate properties in Ericson, NE, with a median automated valuation model (AVM) price of $788,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ericson, NE, 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 Ericson, NE, is $855,966.00, with the most expensive house in Ericson, NE, topping out at $2,671,000.00 and the cheapest home in Ericson, NE, clocking in at $259,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Ericson, NE!


Rent Prices In Ericson, NE

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ericson, NE, is on a rollercoaster ride. The average rent price in Ericson, NE, is $1,070.00. Indeed, when looking to rent in Ericson, NE, you can expect to pay as little as $710.00 or as much as $1,870.00, with the average rent median estimated to be $1,040.00. The good news is that finding an affordable and desirable property to rent in Ericson, NE -- 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.


Top Reasons To Live In Ericson, NE In 2024

Ericson is located in Wheeler, Nebraska, with an estimated municipal population of 90 residents. All of the best foreclosed homes for sale in Ericson are located in the following zip code areas on Foreclosure.com: 68637. The estimated population per square kilometer (.62 miles) in Ericson is 92.


Cost Of Living In Ericson, NE

So, about how much do homes cost in Ericson? The most recent median value of resident-owned homes in Ericson is 54,598. An estimated 86.2 percent of households in Ericson own their homes, with an average family size of 3.32. The median household income in Ericson is 41,250, with13.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Ericson, the median commute time of resident workers (in minutes) is 23.3. And last, but certainly not least, are you looking for homes to rent in Ericson? If so, the average rent price paid by renters in Ericson is 730, according to recent statistics.


Diversity And Demographics In Ericson, Nebraska

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 Ericson, 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 Ericson is 47.5, split between 46.4 percent male versus 53.6 female. The percentage of residents who report being married in Ericson is 61.9, with an average family size of 3.32.

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

White 96.4%
Black / African American 0%
Asian 1.4%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 2.1%

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

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

Under 10 25%
Aged 10-19 2.9%
20s 9.3%
30s 10.7%
40s 4.3%
50s 7.1%
60s 17.9%
70s 15.7%
80+ 7.2%

Best Schools In Ericson, Nebraska

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


Pros And Cons Of Living In Ericson, Nebraska

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

  • 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 Ericson.


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

Ericson, NE Foreclosures


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