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There are currently 586 real estate properties in Fox Point, WI, with a median automated valuation model (AVM) price of $470,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fox Point, WI, 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 Fox Point, WI, is $613,937.00, with the most expensive house in Fox Point, WI, topping out at $5,582,300.00 and the cheapest home in Fox Point, WI, clocking in at $129,100.00. In other words, there’s something for every potential homebuyer or savvy investor in Fox Point, WI!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fox Point, WI, is on a rollercoaster ride. The average rent price in Fox Point, WI, is $2,321.00. Indeed, when looking to rent in Fox Point, WI, you can expect to pay as little as $1,670.00 or as much as $3,520.00, with the average rent median estimated to be $2,250.00. The good news is that finding an affordable and desirable property to rent in Fox Point, WI -- 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Fox Point, WI area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Fox Point, WI and much more. Save thousands at closing with home foreclosure listings in Fox Point, WI — up to 75% off market value!
Fox Point is located in Milwaukee, Wisconsin, with an estimated municipal population of 6,543 residents. All of the best foreclosed homes for sale in Fox Point are located in the following zip code areas on Foreclosure.com: 53217. The estimated population per square kilometer (.62 miles) in Fox Point is 882.
So, about how much do homes cost in Fox Point? The most recent median value of resident-owned homes in Fox Point is 322,272. An estimated 82.8 percent of households in Fox Point own their homes, with an average family size of 2.95. The median household income in Fox Point is 117,903, with57.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Fox Point, the median commute time of resident workers (in minutes) is 23.5. And last, but certainly not least, are you looking for homes to rent in Fox Point? If so, the average rent price paid by renters in Fox Point is 1,252, 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 Fox Point, 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 Fox Point is 45.6, split between 50.7 percent male versus 49.3 female. The percentage of residents who report being married in Fox Point is 60.3, with an average family size of 2.95.
The percentage of residents who report their race in Fox Point is as follows:
|Black / African American||3.2%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Fox Point? Or maybe you are searching for 55+ active adult communities in and/or near Fox Point?
The percentage of residents who report their age in Fox Point 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 Fox Point with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Fox Point.
How do you know that living in -- or moving to -- Fox Point is right where you need to be? Perhaps you grew up in Fox Point or already live nearby; therefore, the decision to buy a home in Fox Point is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Fox Point 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 Fox Point:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Fox Point.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Fox Point can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Fox Point, meanwhile, can field multiple offers from more qualified buyers.