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Foreclosure Homes in Lamoni, IA

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


Top Reasons To Live In Lamoni, IA In 2021

Lamoni is located in Decatur, Iowa, with an estimated municipal population of 2,249 residents. All of the best foreclosed homes for sale in Lamoni are located in the following zip code areas on Foreclosure.com: 50140. The estimated population per square kilometer (.62 miles) in Lamoni is 219.


Cost Of Living In Lamoni, IA

So, about how much do homes cost in Lamoni? The most recent median value of resident-owned homes in Lamoni is 92,476. An estimated 53.4 percent of households in Lamoni own their homes, with an average family size of 2.7. The median household income in Lamoni is 37,373, with15.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lamoni, the median commute time of resident workers (in minutes) is 14.2. And last, but certainly not least, are you looking for homes to rent in Lamoni? If so, the average rent price paid by renters in Lamoni is 614, according to recent statistics.


Diversity And Demographics In Lamoni, 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 Lamoni, 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 Lamoni is 23.8, split between 51 percent male versus 49 female. The percentage of residents who report being married in Lamoni is 36.8, with an average family size of 2.7.

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

White 86.6%
Black / African American 5.5%
Asian 1.1%
American Indian / Alaskan Native 0.9%
Native Hawaiian / Other Pacifc Islander 0.9%
Multi-racial 3.7%
Other 1.3%

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

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

Under 10 8.3%
Aged 10-19 19%
20s 29.7%
30s 7%
40s 6.4%
50s 9.4%
60s 9.3%
70s 4.7%
80+ 6.1%

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


Pros And Cons Of Living In Lamoni, Iowa

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

  • 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 Lamoni.


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

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