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Short Sale Listings in Pontiac, MI

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31 Williamsport-ct-White-lake-MI-48386
Short Sale
$329,000 List Price

Williamsport Ct
White Lake, MI 48386

4 Bed | 3 Bath | 1,960 Sq. Ft.

16 Wright-way-s-West-bloomfield-MI-48322
Short Sale
$194,999 List Price

Wright Way S
West Bloomfield, MI 48322

3 Bed | 3 Bath | 2,077 Sq. Ft.

2 Kings-cove-ct-Rochester-hills-MI-48306
Short Sale
$145,000 List Price

Kings Cove Ct
Rochester Hills, MI 48306

2 Bed | 3 Bath | 1,152 Sq. Ft.

Displaying 1 - 3 of 3
 

Foreclosure Homes in Pontiac, MI

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


Top Reasons To Live In Pontiac, MI In 2021

Pontiac is located in Oakland, Michigan, with an estimated municipal population of 59,438 residents. All of the best foreclosed homes for sale in Pontiac are located in the following zip code areas on Foreclosure.com: 48342 48340 48341 48343. The estimated population per square kilometer (.62 miles) in Pontiac is 1,154.


Cost Of Living In Pontiac, MI

So, about how much do homes cost in Pontiac? The most recent median value of resident-owned homes in Pontiac is 67,848. An estimated 40.5 percent of households in Pontiac own their homes, with an average family size of 3.45. The median household income in Pontiac is 33,568, with9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Pontiac, the median commute time of resident workers (in minutes) is 22.5. And last, but certainly not least, are you looking for homes to rent in Pontiac? If so, the average rent price paid by renters in Pontiac is 815, according to recent statistics.


Diversity And Demographics In Pontiac, Michigan

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 Pontiac, 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 Pontiac is 31.9, split between 48.2 percent male versus 51.8 female. The percentage of residents who report being married in Pontiac is 25.9, with an average family size of 3.45.

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

White 37.9%
Black / African American 50.7%
Asian 1.8%
American Indian / Alaskan Native 0.5%
Native Hawaiian / Other Pacifc Islander 0.1%
Multi-racial 6.7%
Other 2.3%

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

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

Under 10 16.8%
Aged 10-19 12.6%
20s 18.2%
30s 12.6%
40s 13.2%
50s 11.6%
60s 8.6%
70s 4%
80+ 2.6%

Best Schools In Pontiac, Michigan

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


Pros And Cons Of Living In Pontiac, Michigan

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

  • 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 Pontiac.


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

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