There are currently 457 real estate properties in Port Wing, WI, with a median automated valuation model (AVM) price of $172,759.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Port Wing, WI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Port Wing, WI, is $226,211.00, with the most expensive house in Port Wing, WI, topping out at $1,502,907.00 and the cheapest home in Port Wing, WI, clocking in at $18,486.00. In other words, there’s something for every potential homebuyer or savvy investor in Port Wing, WI!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Port Wing, WI, is on a rollercoaster ride. The average rent price in Port Wing, WI, is $1,557.00. Indeed, when looking to rent in Port Wing, WI, you can expect to pay as little as $810.00 or as much as $2,500.00, with the average rent median estimated to be $1,550.00. The good news is that finding an affordable and desirable property to rent in Port Wing, WI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Port Wing is located in Bayfield, Wisconsin, with an estimated municipal population of 194 residents. All of the best foreclosed homes for sale in Port Wing are located in the following zip code areas on Foreclosure.com: 54865. The estimated population per square kilometer (.62 miles) in Port Wing is 65.
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 Port Wing, 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 Port Wing is 55.5, split between 55.2 percent male versus 44.8 female. The percentage of residents who report being married in Port Wing is 52, with an average family size of 1.97.
The percentage of residents who report their race in Port Wing is as follows:
|Black / African American
|American Indian / Alaskan Native
|Native Hawaiian / Other Pacifc Islander
Looking for family-friendly neighborhoods in and/or near Port Wing? Or maybe you are searching for 55+ active adult communities in and/or near Port Wing?
The percentage of residents who report their age in Port Wing is as follows:
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 Port Wing with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Port Wing.
How do you know that living in -- or moving to -- Port Wing is right where you need to be? Perhaps you grew up in Port Wing or already live nearby; therefore, the decision to buy a home in Port Wing is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Port Wing 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 Port Wing:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Port Wing.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Port Wing can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Port Wing, meanwhile, can field multiple offers from more qualified buyers.
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