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Foreclosure Homes in Paddock Lake, WI

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70th-st-Paddock-lake-WI-53168
Preforeclosure

70th St
Paddock Lake, WI 53168

2 Bed | 1 Bath | 916 Sq. Ft.

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Foreclosure Homes in Paddock Lake, WI

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


Top Reasons To Live In Paddock Lake, WI In 2021

Paddock Lake is located in Kenosha, Wisconsin, with an estimated municipal population of 3,116 residents. All of the best foreclosed homes for sale in Paddock Lake are located in the following zip code areas on Foreclosure.com: 53168. The estimated population per square kilometer (.62 miles) in Paddock Lake is 414.


Cost Of Living In Paddock Lake, WI

So, about how much do homes cost in Paddock Lake? The most recent median value of resident-owned homes in Paddock Lake is 164,066. An estimated 79.7 percent of households in Paddock Lake own their homes, with an average family size of 3.12. The median household income in Paddock Lake is 76,453, with33.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Paddock Lake, the median commute time of resident workers (in minutes) is 30. And last, but certainly not least, are you looking for homes to rent in Paddock Lake? If so, the average rent price paid by renters in Paddock Lake is 1,080, according to recent statistics.


Diversity And Demographics In Paddock Lake, 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 Paddock Lake, 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 Paddock Lake is 40.1, split between 47.6 percent male versus 52.4 female. The percentage of residents who report being married in Paddock Lake is 52.7, with an average family size of 3.12.

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

White 97.2%
Black / African American 1%
Asian 0.5%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1%
Other 0.4%

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

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

Under 10 11.6%
Aged 10-19 11.2%
20s 11.7%
30s 15.3%
40s 13.6%
50s 16.1%
60s 14.5%
70s 3.6%
80+ 2.2%

Best Schools In Paddock Lake, 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 Paddock Lake with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Paddock Lake.


Pros And Cons Of Living In Paddock Lake, Wisconsin

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

  • 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 Paddock Lake.


Reasons To Move To Paddock Lake, Wisconsin, In 2021

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

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