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Foreclosures in Luke, MD

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Top Reasons To Live In Luke, MD In 2024

Luke is located in Allegany, Maryland, with an estimated municipal population of 60 residents. All of the best foreclosed homes for sale in Luke are located in the following zip code areas on Foreclosure.com: 21540. The estimated population per square kilometer (.62 miles) in Luke is 86.


Cost Of Living In Luke, MD

So, about how much do homes cost in Luke? The most recent median value of resident-owned homes in Luke is 31,961. An estimated 68.4 percent of households in Luke own their homes, with an average family size of 2.69. The median household income in Luke is 38,409, with0 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Luke, the median commute time of resident workers (in minutes) is 31.8. And last, but certainly not least, are you looking for homes to rent in Luke? If so, the average rent price paid by renters in Luke is 581, according to recent statistics.


Diversity And Demographics In Luke, Maryland

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 Luke, 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 Luke is 29.9, split between 56.9 percent male versus 43.1 female. The percentage of residents who report being married in Luke is 30.1, with an average family size of 2.69.

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

White 97.1%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.9%
Other 0%

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

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

Under 10 25.4%
Aged 10-19 4.9%
20s 20.6%
30s 16.7%
40s 4.9%
50s 9.8%
60s 7.9%
70s 5.9%
80+ 3.9%

Best Schools In Luke, Maryland

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


Pros And Cons Of Living In Luke, Maryland

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

  • 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 Luke.


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

Luke, MD Foreclosures


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