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Preforeclosure Homes in Lewistown, MT

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5 View this home at W Erie St Lewistown MT 59457
Preforeclosure
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$298,798 EMV
W Erie St
Lewistown, MT 59457
Single-Family
|
4 |
2.5
|
1,120
EST. RENT: $1,640
|
AUCTION: 04-24-2024
Single-Family
|
4 |
2.5
|
1,120
Displaying 1 - 1 of 1
 
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Home Value Estimator For Lewistown, MT

There are currently 3,541 real estate properties in Lewistown, MT, with a median automated valuation model (AVM) price of $252,025.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lewistown, MT, 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 Lewistown, MT, is $289,192.00, with the most expensive house in Lewistown, MT, topping out at $4,107,000.00 and the cheapest home in Lewistown, MT, clocking in at $27,153.00. In other words, there’s something for every potential homebuyer or savvy investor in Lewistown, MT!


Rent Prices In Lewistown, MT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lewistown, MT, is on a rollercoaster ride. The average rent price in Lewistown, MT, is $1,264.00. Indeed, when looking to rent in Lewistown, MT, you can expect to pay as little as $460.00 or as much as $3,300.00, with the average rent median estimated to be $1,240.00. The good news is that finding an affordable and desirable property to rent in Lewistown, MT -- 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.


Top Reasons To Live In Lewistown, MT In 2024

Lewistown is located in Fergus, Montana, with an estimated municipal population of 5,801 residents. All of the best foreclosed homes for sale in Lewistown are located in the following zip code areas on Foreclosure.com: 59457. The estimated population per square kilometer (.62 miles) in Lewistown is 391.


Cost Of Living In Lewistown, MT

So, about how much do homes cost in Lewistown? The most recent median value of resident-owned homes in Lewistown is 105,738. An estimated 67.3 percent of households in Lewistown own their homes, with an average family size of 2.9. The median household income in Lewistown is 38,575, with12.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lewistown, the median commute time of resident workers (in minutes) is 9.9. And last, but certainly not least, are you looking for homes to rent in Lewistown? If so, the average rent price paid by renters in Lewistown is 783, according to recent statistics.


Diversity And Demographics In Lewistown, Montana

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 Lewistown, 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 Lewistown is 38.4, split between 48.3 percent male versus 51.7 female. The percentage of residents who report being married in Lewistown is 46.5, with an average family size of 2.9.

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

White 92.5%
Black / African American 0.1%
Asian 0.7%
American Indian / Alaskan Native 1.4%
Native Hawaiian / Other Pacifc Islander 3.6%
Multi-racial 0.9%
Other 0.8%

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

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

Under 10 14%
Aged 10-19 10.5%
20s 12.3%
30s 15.4%
40s 9.1%
50s 11.9%
60s 11.1%
70s 8.3%
80+ 7.3%

Best Schools In Lewistown, Montana

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


Pros And Cons Of Living In Lewistown, Montana

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

  • 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 Lewistown.


Reasons To Move To Lewistown, Montana, In 2024

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

Lewistown, MT Preforeclosure Homes


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