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There are currently 2,993 real estate properties in Hawthorn Woods, IL, with a median automated valuation model (AVM) price of $513,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hawthorn Woods, IL, 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 Hawthorn Woods, IL, is $535,141.00, with the most expensive house in Hawthorn Woods, IL, topping out at $3,696,700.00 and the cheapest home in Hawthorn Woods, IL, clocking in at $199,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Hawthorn Woods, IL!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hawthorn Woods, IL, is on a rollercoaster ride. The average rent price in Hawthorn Woods, IL, is $3,155.00. Indeed, when looking to rent in Hawthorn Woods, IL, you can expect to pay as little as $1,490.00 or as much as $4,380.00, with the average rent median estimated to be $3,190.00. The good news is that finding an affordable and desirable property to rent in Hawthorn Woods, IL -- 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Hawthorn Woods, IL area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Hawthorn Woods, IL and much more. Save thousands at closing with home foreclosure listings in Hawthorn Woods, IL — up to 75% off market value!
Hawthorn Woods is located in Lake, Illinois, with an estimated municipal population of 8,666 residents. All of the best foreclosed homes for sale in Hawthorn Woods are located in the following zip code areas on Foreclosure.com: 60047. The estimated population per square kilometer (.62 miles) in Hawthorn Woods is 415.
So, about how much do homes cost in Hawthorn Woods? The most recent median value of resident-owned homes in Hawthorn Woods is 562,559. An estimated 98.5 percent of households in Hawthorn Woods own their homes, with an average family size of 3.3. The median household income in Hawthorn Woods is 175,795, with72.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Hawthorn Woods, the median commute time of resident workers (in minutes) is 37.6.
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 Hawthorn Woods, 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 Hawthorn Woods is 43.3, split between 49 percent male versus 51 female. The percentage of residents who report being married in Hawthorn Woods is 68.7, with an average family size of 3.3.
The percentage of residents who report their race in Hawthorn Woods is as follows:
|Black / African American||1.9%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Hawthorn Woods? Or maybe you are searching for 55+ active adult communities in and/or near Hawthorn Woods?
The percentage of residents who report their age in Hawthorn Woods is as follows:
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 Hawthorn Woods with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Hawthorn Woods.
How do you know that living in -- or moving to -- Hawthorn Woods is right where you need to be? Perhaps you grew up in Hawthorn Woods or already live nearby; therefore, the decision to buy a home in Hawthorn Woods is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Hawthorn Woods 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 Hawthorn Woods:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Hawthorn Woods.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Hawthorn Woods can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Hawthorn Woods, meanwhile, can field multiple offers from more qualified buyers.