Nilwood is located in Macoupin, Illinois, with an estimated municipal population of 229 residents. All of the best foreclosed homes for sale in Nilwood are located in the following zip code areas on Foreclosure.com: 62672. The estimated population per square kilometer (.62 miles) in Nilwood is 189.
So, about how much do homes cost in Nilwood? The most recent median value of resident-owned homes in Nilwood is 59,300. An estimated 88.2 percent of households in Nilwood own their homes, with an average family size of 2.57. The median household income in Nilwood is 45,313, with4.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Nilwood, the median commute time of resident workers (in minutes) is 26.6.
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 Nilwood, 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 Nilwood is 53.5, split between 47.2 percent male versus 52.8 female. The percentage of residents who report being married in Nilwood is 62.3, with an average family size of 2.57.
The percentage of residents who report their race in Nilwood is as follows:
| White | 99.4% |
| Black / African American | 0.6% |
| Asian | 0% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 0% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near Nilwood? Or maybe you are searching for 55+ active adult communities in and/or near Nilwood?
The percentage of residents who report their age in Nilwood is as follows:
| Under 10 | 4% |
| Aged 10-19 | 9.7% |
| 20s | 1.7% |
| 30s | 7.4% |
| 40s | 11.4% |
| 50s | 22.7% |
| 60s | 26.7% |
| 70s | 13.1% |
| 80+ | 3.4% |
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 Nilwood with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Nilwood.
How do you know that living in -- or moving to -- Nilwood is right where you need to be? Perhaps you grew up in Nilwood or already live nearby; therefore, the decision to buy a home in Nilwood is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Nilwood 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 Nilwood:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Nilwood.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Nilwood can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Nilwood, meanwhile, can field multiple offers from more qualified buyers.
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