Cheap Homes in Pearl City, IL

Foreclosure Homes in Pearl City, IL

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

Top Reasons To Live In Pearl City, IL In 2023

Pearl City is located in Stephenson, Illinois, with an estimated municipal population of 783 residents. All of the best foreclosed homes for sale in Pearl City are located in the following zip code areas on Foreclosure.com: 61062. The estimated population per square kilometer (.62 miles) in Pearl City is 471.

Cost Of Living In Pearl City, IL

So, about how much do homes cost in Pearl City? The most recent median value of resident-owned homes in Pearl City is 102,891. An estimated 81.1 percent of households in Pearl City own their homes, with an average family size of 2.78. The median household income in Pearl City is 64,286, with17.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Pearl City, the median commute time of resident workers (in minutes) is 22. And last, but certainly not least, are you looking for homes to rent in Pearl City? If so, the average rent price paid by renters in Pearl City is 631, according to recent statistics.

Diversity And Demographics In Pearl City, Illinois

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 Pearl City, 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 Pearl City is 40.6, split between 48.5 percent male versus 51.5 female. The percentage of residents who report being married in Pearl City is 56, with an average family size of 2.78.

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

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

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

Best Schools In Pearl City, Illinois

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

Pros And Cons Of Living In Pearl City, Illinois

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

• 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 Pearl City.

Reasons To Move To Pearl City, Illinois, In 2023

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