Cheap Homes in Gwinn, MI

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8 View this home at Ready St Ishpeming MI 49849
$49,900 List Price

3 Bed | 3 Bath

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Foreclosure Homes in Gwinn, MI

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

Top Reasons To Live In Gwinn, MI In 2023

Gwinn is located in Marquette, Michigan, with an estimated municipal population of 2,033 residents. All of the best foreclosed homes for sale in Gwinn are located in the following zip code areas on 49841. The estimated population per square kilometer (.62 miles) in Gwinn is 159.

Cost Of Living In Gwinn, MI

So, about how much do homes cost in Gwinn? The most recent median value of resident-owned homes in Gwinn is 82,212. An estimated 90.8 percent of households in Gwinn own their homes, with an average family size of 2.79. The median household income in Gwinn is 60,133, with21 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Gwinn, the median commute time of resident workers (in minutes) is 22.8. And last, but certainly not least, are you looking for homes to rent in Gwinn? If so, the average rent price paid by renters in Gwinn is 469, according to recent statistics.

Diversity And Demographics In Gwinn, Michigan

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 Gwinn, 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 Gwinn is 49.3, split between 51 percent male versus 49 female. The percentage of residents who report being married in Gwinn is 59.8, with an average family size of 2.79.

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

White 94.3%
Black / African American 0%
Asian 1.5%
American Indian / Alaskan Native 1.7%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.6%
Other 0%

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

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

Under 10 13.8%
Aged 10-19 10.8%
20s 3%
30s 15.6%
40s 7.6%
50s 18.4%
60s 16.4%
70s 7.5%
80+ 6.7%

Best Schools In Gwinn, Michigan

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

Pros And Cons Of Living In Gwinn, Michigan

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

  • 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 Gwinn.

Reasons To Move To Gwinn, Michigan, In 2023

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

Cheap Homes in Gwinn, MI


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