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Oolitic is located in Lawrence, Indiana, with an estimated municipal population of 1,134 residents. All of the best foreclosed homes for sale in Oolitic are located in the following zip code areas on Foreclosure.com: 47451. The estimated population per square kilometer (.62 miles) in Oolitic is 656.
So, about how much do homes cost in Oolitic? The most recent median value of resident-owned homes in Oolitic is 96,306. An estimated 64.8 percent of households in Oolitic own their homes, with an average family size of 3.01. The median household income in Oolitic is 47,216, with14.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Oolitic, the median commute time of resident workers (in minutes) is 24.5. And last, but certainly not least, are you looking for homes to rent in Oolitic? If so, the average rent price paid by renters in Oolitic is 594, 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 Oolitic, 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 Oolitic is 41.8, split between 52.4 percent male versus 47.6 female. The percentage of residents who report being married in Oolitic is 53.3, with an average family size of 3.01.
The percentage of residents who report their race in Oolitic is as follows:
White | 96.1% |
Black / African American | 0% |
Asian | 0.8% |
American Indian / Alaskan Native | 0% |
Native Hawaiian / Other Pacifc Islander | 0% |
Multi-racial | 2.4% |
Other | 0.6% |
Looking for family-friendly neighborhoods in and/or near Oolitic? Or maybe you are searching for 55+ active adult communities in and/or near Oolitic?
The percentage of residents who report their age in Oolitic is as follows:
Under 10 | 14.6% |
Aged 10-19 | 11.5% |
20s | 11.5% |
30s | 11.3% |
40s | 18.2% |
50s | 7.8% |
60s | 11.8% |
70s | 8.3% |
80+ | 5.1% |
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 Oolitic with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Oolitic.
How do you know that living in -- or moving to -- Oolitic is right where you need to be? Perhaps you grew up in Oolitic or already live nearby; therefore, the decision to buy a home in Oolitic is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Oolitic 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 Oolitic:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Oolitic.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Oolitic can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Oolitic, meanwhile, can field multiple offers from more qualified buyers.
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