Cheap Homes in Loogootee, IN

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Top Reasons To Live In Loogootee, IN In 2024

Loogootee is located in Martin, Indiana, with an estimated municipal population of 2,700 residents. All of the best foreclosed homes for sale in Loogootee are located in the following zip code areas on 47553. The estimated population per square kilometer (.62 miles) in Loogootee is 666.

Cost Of Living In Loogootee, IN

So, about how much do homes cost in Loogootee? The most recent median value of resident-owned homes in Loogootee is 91,056. An estimated 59.7 percent of households in Loogootee own their homes, with an average family size of 2.71. The median household income in Loogootee is 43,375, with14.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Loogootee, the median commute time of resident workers (in minutes) is 23.5. And last, but certainly not least, are you looking for homes to rent in Loogootee? If so, the average rent price paid by renters in Loogootee is 579, according to recent statistics.

Diversity And Demographics In Loogootee, Indiana

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 Loogootee, 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 Loogootee is 48.8, split between 47.8 percent male versus 52.2 female. The percentage of residents who report being married in Loogootee is 35, with an average family size of 2.71.

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

White 99.2%
Black / African American 0.4%
Asian 0%
American Indian / Alaskan Native 0.3%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0%

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

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

Under 10 6.7%
Aged 10-19 11.4%
20s 8.3%
30s 10.8%
40s 15.2%
50s 16.4%
60s 14.7%
70s 9.5%
80+ 7%

Best Schools In Loogootee, Indiana

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

Pros And Cons Of Living In Loogootee, Indiana

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

  • 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 Loogootee.

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

Cheap Homes in Loogootee, IN


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