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Foreclosure Homes in Lockwood, MT

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Home Value Estimator For Lockwood, MT

There are currently 410 real estate properties in Lockwood, MT, with a median automated valuation model (AVM) price of $217,900.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lockwood, 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 Lockwood, MT, is $226,068.00, with the most expensive house in Lockwood, MT, topping out at $1,025,000.00 and the cheapest home in Lockwood, MT, clocking in at $80,600.00. In other words, there’s something for every potential homebuyer or savvy investor in Lockwood, MT!


Rent Prices In Lockwood, MT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lockwood, MT, is on a rollercoaster ride. The average rent price in Lockwood, MT, is $1,319.00. Indeed, when looking to rent in Lockwood, MT, you can expect to pay as little as $820.00 or as much as $2,000.00, with the average rent median estimated to be $1,310.00. The good news is that finding an affordable and desirable property to rent in Lockwood, 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.


Foreclosure Homes in Lockwood, MT

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


Top Reasons To Live In Lockwood, MT In 2022

Lockwood is located in Yellowstone, Montana, with an estimated municipal population of 8,066 residents. All of the best foreclosed homes for sale in Lockwood are located in the following zip code areas on Foreclosure.com: 59101. The estimated population per square kilometer (.62 miles) in Lockwood is 242.


Cost Of Living In Lockwood, MT

So, about how much do homes cost in Lockwood? The most recent median value of resident-owned homes in Lockwood is 178,630. An estimated 76.5 percent of households in Lockwood own their homes, with an average family size of 2.97. The median household income in Lockwood is 57,542, with24.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lockwood, the median commute time of resident workers (in minutes) is 21.5. And last, but certainly not least, are you looking for homes to rent in Lockwood? If so, the average rent price paid by renters in Lockwood is 895, according to recent statistics.


Diversity And Demographics In Lockwood, 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 Lockwood, 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 Lockwood is 34.5, split between 53.7 percent male versus 46.3 female. The percentage of residents who report being married in Lockwood is 51.9, with an average family size of 2.97.

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

White 87.4%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 8%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.6%
Other 0.9%

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

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

Under 10 13.4%
Aged 10-19 14.7%
20s 15%
30s 14%
40s 13.1%
50s 10.4%
60s 12.1%
70s 4.9%
80+ 2.5%

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


Pros And Cons Of Living In Lockwood, Montana

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

  • 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 Lockwood.


Reasons To Move To Lockwood, Montana, In 2022

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

Lockwood, MT Foreclosures


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