Foreclosure Homes in Farnhamville, IA

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Top Reasons To Live In Farnhamville, IA In 2024

Farnhamville is located in Calhoun, Iowa, with an estimated municipal population of 344 residents. All of the best foreclosed homes for sale in Farnhamville are located in the following zip code areas on 50538. The estimated population per square kilometer (.62 miles) in Farnhamville is 203.

Cost Of Living In Farnhamville, IA

So, about how much do homes cost in Farnhamville? The most recent median value of resident-owned homes in Farnhamville is 49,711. An estimated 73.9 percent of households in Farnhamville own their homes, with an average family size of 2.76. The median household income in Farnhamville is 46,667, with11.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Farnhamville, the median commute time of resident workers (in minutes) is 21.5. And last, but certainly not least, are you looking for homes to rent in Farnhamville? If so, the average rent price paid by renters in Farnhamville is 548, according to recent statistics.

Diversity And Demographics In Farnhamville, Iowa

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 Farnhamville, 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 Farnhamville is 34.3, split between 52.7 percent male versus 47.3 female. The percentage of residents who report being married in Farnhamville is 44.8, with an average family size of 2.76.

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

White 92.7%
Black / African American 6.1%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.2%
Other 0%

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

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

Under 10 12%
Aged 10-19 16.1%
20s 19%
30s 7.1%
40s 9.3%
50s 10%
60s 16.8%
70s 4.7%
80+ 5.1%

Best Schools In Farnhamville, Iowa

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

Pros And Cons Of Living In Farnhamville, Iowa

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

  • 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 Farnhamville.

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

Farnhamville, IA Foreclosures


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