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Fixer Upper Homes in Imlay City, MI

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17 Lake-rd-Otter-lake-MI-48464
Fixer Upper
$87,700 List Price

Lake Rd
Otter Lake, MI 48464

3 Bed | 2 Bath

Displaying 1 - 1 of 1
 

Foreclosure Homes in Imlay City, MI

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


Top Reasons To Live In Imlay City, MI In 2021

Imlay City is located in Lapeer, Michigan, with an estimated municipal population of 3,569 residents. All of the best foreclosed homes for sale in Imlay City are located in the following zip code areas on Foreclosure.com: 48444. The estimated population per square kilometer (.62 miles) in Imlay City is 583.


Cost Of Living In Imlay City, MI

So, about how much do homes cost in Imlay City? The most recent median value of resident-owned homes in Imlay City is 99,153. An estimated 44.4 percent of households in Imlay City own their homes, with an average family size of 3.22. The median household income in Imlay City is 34,390, with8.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Imlay City, the median commute time of resident workers (in minutes) is 30.4. And last, but certainly not least, are you looking for homes to rent in Imlay City? If so, the average rent price paid by renters in Imlay City is 707, according to recent statistics.


Diversity And Demographics In Imlay City, 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 Imlay 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 Imlay City is 35.4, split between 42.2 percent male versus 57.8 female. The percentage of residents who report being married in Imlay City is 39.2, with an average family size of 3.22.

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

White 95.3%
Black / African American 0.3%
Asian 0%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.1%
Other 3.2%

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

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

Under 10 13.6%
Aged 10-19 14.9%
20s 14.7%
30s 12.8%
40s 11.8%
50s 11.4%
60s 10.9%
70s 8.1%
80+ 1.9%

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


Pros And Cons Of Living In Imlay City, Michigan

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


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

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