Oldenburg is located in Franklin, Indiana, with an estimated municipal population of 663 residents. All of the best foreclosed homes for sale in Oldenburg are located in the following zip code areas on Foreclosure.com: 47006 47036. The estimated population per square kilometer (.62 miles) in Oldenburg is 595.
So, about how much do homes cost in Oldenburg? The most recent median value of resident-owned homes in Oldenburg is 173,782. An estimated 73.8 percent of households in Oldenburg own their homes, with an average family size of 2.91. The median household income in Oldenburg is 55,625, with23.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Oldenburg, the median commute time of resident workers (in minutes) is 18.2. And last, but certainly not least, are you looking for homes to rent in Oldenburg? If so, the average rent price paid by renters in Oldenburg is 533, 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 Oldenburg, 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 Oldenburg is 61.2, split between 35.4 percent male versus 64.6 female. The percentage of residents who report being married in Oldenburg is 43.3, with an average family size of 2.91.
The percentage of residents who report their race in Oldenburg is as follows:
White | 98.7% |
Black / African American | 0% |
Asian | 0% |
American Indian / Alaskan Native | 1.3% |
Native Hawaiian / Other Pacifc Islander | 0% |
Multi-racial | 0% |
Other | 0% |
Looking for family-friendly neighborhoods in and/or near Oldenburg? Or maybe you are searching for 55+ active adult communities in and/or near Oldenburg?
The percentage of residents who report their age in Oldenburg is as follows:
Under 10 | 6.6% |
Aged 10-19 | 9.8% |
20s | 5% |
30s | 6.2% |
40s | 4.8% |
50s | 17.5% |
60s | 19.6% |
70s | 21.4% |
80+ | 9.2% |
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 Oldenburg with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Oldenburg.
How do you know that living in -- or moving to -- Oldenburg is right where you need to be? Perhaps you grew up in Oldenburg or already live nearby; therefore, the decision to buy a home in Oldenburg is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Oldenburg 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 Oldenburg:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Oldenburg.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Oldenburg can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Oldenburg, meanwhile, can field multiple offers from more qualified buyers.
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