There are currently 98 real estate properties in Laketon, IN, with a median automated valuation model (AVM) price of $100,812.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Laketon, IN, 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 Laketon, IN, is $108,741.00, with the most expensive house in Laketon, IN, topping out at $242,020.00 and the cheapest home in Laketon, IN, clocking in at $27,180.00. In other words, there’s something for every potential homebuyer or savvy investor in Laketon, IN!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Laketon, IN, is on a rollercoaster ride. The average rent price in Laketon, IN, is $928.00. Indeed, when looking to rent in Laketon, IN, you can expect to pay as little as $580.00 or as much as $1,390.00, with the average rent median estimated to be $910.00. The good news is that finding an affordable and desirable property to rent in Laketon, IN -- 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.
Laketon is located in Wabash, Indiana, with an estimated municipal population of 454 residents. All of the best foreclosed homes for sale in Laketon are located in the following zip code areas on Foreclosure.com: 46943 46962. The estimated population per square kilometer (.62 miles) in Laketon is 166.
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 Laketon, 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 Laketon is 35.5, split between 45.6 percent male versus 54.4 female. The percentage of residents who report being married in Laketon is 45.7, with an average family size of 2.95.
The percentage of residents who report their race in Laketon is as follows:
White | 93.4% |
Black / African American | 0% |
Asian | 0% |
American Indian / Alaskan Native | 5.7% |
Native Hawaiian / Other Pacifc Islander | 0% |
Multi-racial | 0% |
Other | 0.9% |
Looking for family-friendly neighborhoods in and/or near Laketon? Or maybe you are searching for 55+ active adult communities in and/or near Laketon?
The percentage of residents who report their age in Laketon is as follows:
Under 10 | 9.3% |
Aged 10-19 | 25.3% |
20s | 9.9% |
30s | 8.6% |
40s | 13.4% |
50s | 11.6% |
60s | 17.2% |
70s | 4.6% |
80+ | 0% |
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 Laketon with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Laketon.
How do you know that living in -- or moving to -- Laketon is right where you need to be? Perhaps you grew up in Laketon or already live nearby; therefore, the decision to buy a home in Laketon is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Laketon 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 Laketon:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Laketon.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Laketon can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Laketon, meanwhile, can field multiple offers from more qualified buyers.
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