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Foreclosure Homes in Loon Lake, WA

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Mix-way-Loon-lake-WA-99148
Foreclosure
$308,500 EMV

Mix Way
Loon Lake, WA 99148

14 Gardenspot-rd-Loon-lake-WA-99148
As-Is Deal
$700,000 List Price

Gardenspot Rd
Loon Lake, WA 99148

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Home Value Estimator For Loon Lake, WA

There are currently 1,527 real estate properties in Loon Lake, WA, with a median automated valuation model (AVM) price of $316,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Loon Lake, WA, 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 Loon Lake, WA, is $340,379.00, with the most expensive house in Loon Lake, WA, topping out at $1,297,500.00 and the cheapest home in Loon Lake, WA, clocking in at $88,300.00. In other words, there’s something for every potential homebuyer or savvy investor in Loon Lake, WA!


Rent Prices In Loon Lake, WA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Loon Lake, WA, is on a rollercoaster ride. The average rent price in Loon Lake, WA, is $1,225.00. Indeed, when looking to rent in Loon Lake, WA, you can expect to pay as little as $650.00 or as much as $2,260.00, with the average rent median estimated to be $1,200.00. The good news is that finding an affordable and desirable property to rent in Loon Lake, WA -- 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 Loon Lake, WA

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


Top Reasons To Live In Loon Lake, WA In 2021

Loon Lake is located in Stevens, Washington, with an estimated municipal population of 780 residents. All of the best foreclosed homes for sale in Loon Lake are located in the following zip code areas on Foreclosure.com: 99148. The estimated population per square kilometer (.62 miles) in Loon Lake is 92.


Cost Of Living In Loon Lake, WA

So, about how much do homes cost in Loon Lake? The most recent median value of resident-owned homes in Loon Lake is 201,658. An estimated 88.6 percent of households in Loon Lake own their homes, with an average family size of 2.81. The median household income in Loon Lake is 51,875, with19.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Loon Lake, the median commute time of resident workers (in minutes) is 25.5. And last, but certainly not least, are you looking for homes to rent in Loon Lake? If so, the average rent price paid by renters in Loon Lake is 438, according to recent statistics.


Diversity And Demographics In Loon Lake, Washington

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 Loon Lake, 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 Loon Lake is 59.5, split between 47.1 percent male versus 52.9 female. The percentage of residents who report being married in Loon Lake is 52.5, with an average family size of 2.81.

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

White 90.8%
Black / African American 0%
Asian 0.5%
American Indian / Alaskan Native 2.7%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 5.4%
Other 0.6%

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

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

Under 10 8.6%
Aged 10-19 5.5%
20s 9.3%
30s 3.8%
40s 11.9%
50s 11.8%
60s 25%
70s 17.8%
80+ 6.4%

Best Schools In Loon Lake, Washington

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


Pros And Cons Of Living In Loon Lake, Washington

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

  • 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 Loon Lake.


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

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