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Foreclosure Homes in Peterson, IA

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View this home at E Park St Spencer IA 51301
Preforeclosure
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$80,809 EMV
E Park St
Spencer, IA 51301
EST. RENT: $1,398
|
AUCTION: 05-08-2024
View this home at E 3rd St Everly IA 51338
Preforeclosure
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$131,769 EMV
E 3rd St
Everly, IA 51338
5 |
2
EST. RENT: $1,181
|
AUCTION: 04-24-2024
5 |
2
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Top Reasons To Live In Peterson, IA In 2024

Peterson is located in Clay, Iowa, with an estimated municipal population of 309 residents. All of the best foreclosed homes for sale in Peterson are located in the following zip code areas on Foreclosure.com: 51047. The estimated population per square kilometer (.62 miles) in Peterson is 229.


Cost Of Living In Peterson, IA

So, about how much do homes cost in Peterson? The most recent median value of resident-owned homes in Peterson is 58,035. An estimated 75 percent of households in Peterson own their homes, with an average family size of 3.35. The median household income in Peterson is 60,357, with18.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Peterson, the median commute time of resident workers (in minutes) is 28. And last, but certainly not least, are you looking for homes to rent in Peterson? If so, the average rent price paid by renters in Peterson is 700, according to recent statistics.


Diversity And Demographics In Peterson, Iowa

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 Peterson, 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 Peterson is 35, split between 56.5 percent male versus 43.5 female. The percentage of residents who report being married in Peterson is 51.4, with an average family size of 3.35.

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

White 96.8%
Black / African American 0.2%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2%
Other 1%

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

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

Under 10 11.4%
Aged 10-19 20.2%
20s 11.1%
30s 16%
40s 9.6%
50s 6.3%
60s 15.4%
70s 4.9%
80+ 5.2%

Best Schools In Peterson, Iowa

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


Pros And Cons Of Living In Peterson, Iowa

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

  • 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 Peterson.


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

Peterson, IA Foreclosures


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