Bankruptcy Homes in Hallam, NE

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Home Value Estimator For Hallam, NE

There are currently 162 real estate properties in Hallam, NE, with a median automated valuation model (AVM) price of $305,779.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hallam, NE, 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 Hallam, NE, is $301,876.00, with the most expensive house in Hallam, NE, topping out at $635,000.00 and the cheapest home in Hallam, NE, clocking in at $26,431.00. In other words, there’s something for every potential homebuyer or savvy investor in Hallam, NE!

Rent Prices In Hallam, NE

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hallam, NE, is on a rollercoaster ride. The average rent price in Hallam, NE, is $1,373.00. Indeed, when looking to rent in Hallam, NE, you can expect to pay as little as $560.00 or as much as $2,080.00, with the average rent median estimated to be $1,360.00. The good news is that finding an affordable and desirable property to rent in Hallam, NE -- 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.

Top Reasons To Live In Hallam, NE In 2024

Hallam is located in Lancaster, Nebraska, with an estimated municipal population of 266 residents. All of the best foreclosed homes for sale in Hallam are located in the following zip code areas on 68368. The estimated population per square kilometer (.62 miles) in Hallam is 477.

Cost Of Living In Hallam, NE

So, about how much do homes cost in Hallam? The most recent median value of resident-owned homes in Hallam is 170,241. An estimated 84.9 percent of households in Hallam own their homes, with an average family size of 3.08. The median household income in Hallam is 71,563, with31.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Hallam, the median commute time of resident workers (in minutes) is 40. And last, but certainly not least, are you looking for homes to rent in Hallam? If so, the average rent price paid by renters in Hallam is 1,063, according to recent statistics.

Diversity And Demographics In Hallam, Nebraska

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 Hallam, 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 Hallam is 35.6, split between 52 percent male versus 48 female. The percentage of residents who report being married in Hallam is 79.5, with an average family size of 3.08.

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

White 97.1%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.5%
Other 1.5%

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

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

Under 10 21.1%
Aged 10-19 8.9%
20s 6.9%
30s 21.6%
40s 15.7%
50s 9.3%
60s 9.9%
70s 5.9%
80+ 1%

Best Schools In Hallam, Nebraska

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

Pros And Cons Of Living In Hallam, Nebraska

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

  • 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 Hallam.

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

Hallam, NE Bankruptcy Homes


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