Foreclosure Homes in Menominee, IL

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Foreclosure Homes in Menominee, IL

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

Top Reasons To Live In Menominee, IL In 2023

Menominee is located in Jo Daviess, Illinois, with an estimated municipal population of 240 residents. All of the best foreclosed homes for sale in Menominee are located in the following zip code areas on 61025. The estimated population per square kilometer (.62 miles) in Menominee is 48.

Cost Of Living In Menominee, IL

So, about how much do homes cost in Menominee? The most recent median value of resident-owned homes in Menominee is 189,891. An estimated 78.7 percent of households in Menominee own their homes, with an average family size of 3.3. The median household income in Menominee is 66,250, with28.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Menominee, the median commute time of resident workers (in minutes) is 18.7. And last, but certainly not least, are you looking for homes to rent in Menominee? If so, the average rent price paid by renters in Menominee is 1,063, according to recent statistics.

Diversity And Demographics In Menominee, Illinois

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 Menominee, 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 Menominee is 44.8, split between 49.8 percent male versus 50.2 female. The percentage of residents who report being married in Menominee is 75, with an average family size of 3.3.

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

White 87.5%
Black / African American 4.5%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 6.4%
Other 1.5%

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

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

Under 10 17%
Aged 10-19 13.3%
20s 8.3%
30s 7.2%
40s 15.4%
50s 17.4%
60s 13.9%
70s 6.4%
80+ 1.2%

Best Schools In Menominee, Illinois

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

Pros And Cons Of Living In Menominee, Illinois

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

  • 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 Menominee.

Reasons To Move To Menominee, Illinois, In 2023

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

Menominee, IL Foreclosures


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