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Foreclosures in Norwalk, WI

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View this home at W Elizabeth St Tomah WI 54660
Preforeclosure
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$208,986 EMV
W Elizabeth St
Tomah, WI 54660
Single-Family
EST. RENT: $2,120
|
AUCTION: 06-05-2024
Single-Family
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Top Reasons To Live In Norwalk, WI In 2024

Norwalk is located in Monroe, Wisconsin, with an estimated municipal population of 632 residents. All of the best foreclosed homes for sale in Norwalk are located in the following zip code areas on Foreclosure.com: 54648. The estimated population per square kilometer (.62 miles) in Norwalk is 236.


Cost Of Living In Norwalk, WI

So, about how much do homes cost in Norwalk? The most recent median value of resident-owned homes in Norwalk is 87,039. An estimated 70.7 percent of households in Norwalk own their homes, with an average family size of 3.79. The median household income in Norwalk is 42,500, with9.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Norwalk, the median commute time of resident workers (in minutes) is 22.1. And last, but certainly not least, are you looking for homes to rent in Norwalk? If so, the average rent price paid by renters in Norwalk is 650, according to recent statistics.


Diversity And Demographics In Norwalk, Wisconsin

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 Norwalk, 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 Norwalk is 29.1, split between 56.2 percent male versus 43.8 female. The percentage of residents who report being married in Norwalk is 46.4, with an average family size of 3.79.

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

White 78.7%
Black / African American 0%
Asian 0.6%
American Indian / Alaskan Native 0.9%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 19.8%

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

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

Under 10 21.7%
Aged 10-19 17.4%
20s 11.8%
30s 15.2%
40s 12.3%
50s 9.9%
60s 3.8%
70s 5.7%
80+ 2.2%

Best Schools In Norwalk, Wisconsin

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


Pros And Cons Of Living In Norwalk, Wisconsin

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

  • 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 Norwalk.


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

Norwalk, WI Foreclosures


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