foreclosure.com

Cheap Homes in Patoka, IN

Search within map

Try a different search or click on nearby areas below.

 
More real estate for sale

Other cities with foreclosures
Zip codes

Top Reasons To Live In Patoka, IN In 2024

Patoka is located in Gibson, Indiana, with an estimated municipal population of 772 residents. All of the best foreclosed homes for sale in Patoka are located in the following zip code areas on Foreclosure.com: 47666. The estimated population per square kilometer (.62 miles) in Patoka is 271.


Cost Of Living In Patoka, IN

So, about how much do homes cost in Patoka? The most recent median value of resident-owned homes in Patoka is 53,033. An estimated 84.3 percent of households in Patoka own their homes, with an average family size of 2.75. The median household income in Patoka is 40,068, with13.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Patoka, the median commute time of resident workers (in minutes) is 18.6. And last, but certainly not least, are you looking for homes to rent in Patoka? If so, the average rent price paid by renters in Patoka is 700, according to recent statistics.


Diversity And Demographics In Patoka, Indiana

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 Patoka, 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 Patoka is 32.8, split between 49 percent male versus 51 female. The percentage of residents who report being married in Patoka is 32.7, with an average family size of 2.75.

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

White 93.5%
Black / African American 0.7%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 5.2%
Other 0.6%

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

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

Under 10 12%
Aged 10-19 17.7%
20s 18.6%
30s 10.9%
40s 13.8%
50s 12.4%
60s 5.6%
70s 6.2%
80+ 2.6%

Best Schools In Patoka, Indiana

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


Pros And Cons Of Living In Patoka, Indiana

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

  • 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 Patoka.


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

Cheap Homes in Patoka, IN


Cancel

Listing types in Patoka, IN

These money-making opportunities can deliver huge savings on your next purchase.

Remember, we update our listings often so be sure to check back daily!

Foreclosure.com Advantages

Many listings on Foreclosure.com are not found anywhere else. Save thousands on incredible foreclosure deals in Patoka, IN. Save up to 62% with deals in Patoka, IN.

Get NEW Foreclosure Listings sent to your inbox

Millions of people receive foreclosure alerts daily, don't miss out.

Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch.com 1999-2024. All Rights Reserved.