Gales Ferry is located in New London, Connecticut, with an estimated municipal population of 899 residents. All of the best foreclosed homes for sale in Gales Ferry are located in the following zip code areas on Foreclosure.com: 06335. The estimated population per square kilometer (.62 miles) in Gales Ferry is 396.
So, about how much do homes cost in Gales Ferry? The most recent median value of resident-owned homes in Gales Ferry is 231,524. An estimated 95.5 percent of households in Gales Ferry own their homes, with an average family size of 2.7. The median household income in Gales Ferry is 98,750, with47.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Gales Ferry, the median commute time of resident workers (in minutes) is 20.6.
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 Gales Ferry, 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 Gales Ferry is 50.9, split between 55.7 percent male versus 44.3 female. The percentage of residents who report being married in Gales Ferry is 65.6, with an average family size of 2.7.
The percentage of residents who report their race in Gales Ferry is as follows:
White | 93.5% |
Black / African American | 3.9% |
Asian | 0% |
American Indian / Alaskan Native | 0% |
Native Hawaiian / Other Pacifc Islander | 0% |
Multi-racial | 2.6% |
Other | 0% |
Looking for family-friendly neighborhoods in and/or near Gales Ferry? Or maybe you are searching for 55+ active adult communities in and/or near Gales Ferry?
The percentage of residents who report their age in Gales Ferry is as follows:
Under 10 | 11.3% |
Aged 10-19 | 8.3% |
20s | 3.7% |
30s | 14.6% |
40s | 9.7% |
50s | 13% |
60s | 16.1% |
70s | 18.1% |
80+ | 5.1% |
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 Gales Ferry with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Gales Ferry.
How do you know that living in -- or moving to -- Gales Ferry is right where you need to be? Perhaps you grew up in Gales Ferry or already live nearby; therefore, the decision to buy a home in Gales Ferry is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Gales Ferry 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 Gales Ferry:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Gales Ferry.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Gales Ferry can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Gales Ferry, meanwhile, can field multiple offers from more qualified buyers.
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