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Foreclosure Homes in Hamburg, IA

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


Top Reasons To Live In Hamburg, IA In 2021

Hamburg is located in Fremont, Iowa, with an estimated municipal population of 1,060 residents. All of the best foreclosed homes for sale in Hamburg are located in the following zip code areas on Foreclosure.com: 51640. The estimated population per square kilometer (.62 miles) in Hamburg is 372.


Cost Of Living In Hamburg, IA

So, about how much do homes cost in Hamburg? The most recent median value of resident-owned homes in Hamburg is 65,312. An estimated 74.6 percent of households in Hamburg own their homes, with an average family size of 2.77. The median household income in Hamburg is 40,980, with10.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Hamburg, the median commute time of resident workers (in minutes) is 21.2. And last, but certainly not least, are you looking for homes to rent in Hamburg? If so, the average rent price paid by renters in Hamburg is 583, according to recent statistics.


Diversity And Demographics In Hamburg, 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 Hamburg, 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 Hamburg is 46.3, split between 51.3 percent male versus 48.7 female. The percentage of residents who report being married in Hamburg is 47.6, with an average family size of 2.77.

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

White 98.2%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 1.8%

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

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

Under 10 9.4%
Aged 10-19 15.5%
20s 10.2%
30s 9%
40s 11.1%
50s 15.4%
60s 14.9%
70s 11.2%
80+ 3.4%

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


Pros And Cons Of Living In Hamburg, Iowa

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

  • 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 Hamburg.


Reasons To Move To Hamburg, Iowa, In 2021

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

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