Madawaska is located in Aroostook, Maine, with an estimated municipal population of 3,774 residents. All of the best foreclosed homes for sale in Madawaska are located in the following zip code areas on Foreclosure.com: 04756 04773. The estimated population per square kilometer (.62 miles) in Madawaska is 26.
So, about how much do homes cost in Madawaska? The most recent median value of resident-owned homes in Madawaska is 103,385. An estimated 64.7 percent of households in Madawaska own their homes, with an average family size of 2.57. The median household income in Madawaska is 36,234, with13.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Madawaska, the median commute time of resident workers (in minutes) is 10.9. And last, but certainly not least, are you looking for homes to rent in Madawaska? If so, the average rent price paid by renters in Madawaska is 519, according to recent statistics.
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 Madawaska, 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 Madawaska is 54.7, split between 44.1 percent male versus 55.9 female. The percentage of residents who report being married in Madawaska is 57.4, with an average family size of 2.57.
The percentage of residents who report their race in Madawaska is as follows:
| White | 99.4% |
| Black / African American | 0% |
| Asian | 0% |
| American Indian / Alaskan Native | 0.5% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 0.2% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near Madawaska? Or maybe you are searching for 55+ active adult communities in and/or near Madawaska?
The percentage of residents who report their age in Madawaska is as follows:
| Under 10 | 7% |
| Aged 10-19 | 6% |
| 20s | 10.3% |
| 30s | 4.5% |
| 40s | 14.6% |
| 50s | 17.2% |
| 60s | 15.7% |
| 70s | 14.3% |
| 80+ | 10.5% |
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 Madawaska with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Madawaska.
How do you know that living in -- or moving to -- Madawaska is right where you need to be? Perhaps you grew up in Madawaska or already live nearby; therefore, the decision to buy a home in Madawaska is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Madawaska 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 Madawaska:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Madawaska.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Madawaska can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Madawaska, meanwhile, can field multiple offers from more qualified buyers.
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