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Foreclosure Homes in Gilmore City, IA

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Gilmore City, IA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Gilmore City, IA and much more. Save thousands at closing with home foreclosure listings in Gilmore City, IA — up to 75% off market value!


Top Reasons To Live In Gilmore City, IA In 2022

Gilmore City is located in Humboldt, Iowa, with an estimated municipal population of 469 residents. All of the best foreclosed homes for sale in Gilmore City are located in the following zip code areas on Foreclosure.com: 50541. The estimated population per square kilometer (.62 miles) in Gilmore City is 145.


Cost Of Living In Gilmore City, IA

So, about how much do homes cost in Gilmore City? The most recent median value of resident-owned homes in Gilmore City is 50,948. An estimated 69.9 percent of households in Gilmore City own their homes, with an average family size of 2.58. The median household income in Gilmore City is 36,250, with7.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Gilmore City, the median commute time of resident workers (in minutes) is 19.7. And last, but certainly not least, are you looking for homes to rent in Gilmore City? If so, the average rent price paid by renters in Gilmore City is 580, according to recent statistics.


Diversity And Demographics In Gilmore City, 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 Gilmore City, 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 Gilmore City is 46.7, split between 50.2 percent male versus 49.8 female. The percentage of residents who report being married in Gilmore City is 58.5, with an average family size of 2.58.

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

White 100%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0%

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

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

Under 10 10.7%
Aged 10-19 11.1%
20s 13.7%
30s 11.3%
40s 11.1%
50s 15%
60s 14.2%
70s 7.5%
80+ 5.2%

Best Schools In Gilmore City, 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 Gilmore City with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Gilmore City.


Pros And Cons Of Living In Gilmore City, Iowa

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

  • 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 Gilmore City.


Reasons To Move To Gilmore City, Iowa, In 2022

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Gilmore City can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Gilmore City, meanwhile, can field multiple offers from more qualified buyers.

Gilmore City, IA As-is Deals


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