Foreclosures in Portsmouth, IA

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View this home at 1st St Defiance IA 51527
$50,048 EMV
1st St
Defiance, IA 51527
EST. RENT: $1,321
AUCTION: 06-10-2024
View this home at 1st St Defiance IA 51527
$107,597 EMV
1st St
Defiance, IA 51527
EST. RENT: $1,378
AUCTION: 06-10-2024
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Top Reasons To Live In Portsmouth, IA In 2024

Portsmouth is located in Shelby, Iowa, with an estimated municipal population of 178 residents. All of the best foreclosed homes for sale in Portsmouth are located in the following zip code areas on 51565. The estimated population per square kilometer (.62 miles) in Portsmouth is 249.

Cost Of Living In Portsmouth, IA

So, about how much do homes cost in Portsmouth? The most recent median value of resident-owned homes in Portsmouth is 124,886. An estimated 69.2 percent of households in Portsmouth own their homes, with an average family size of 2.89. The median household income in Portsmouth is 56,250, with35.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Portsmouth, the median commute time of resident workers (in minutes) is 22.6. And last, but certainly not least, are you looking for homes to rent in Portsmouth? If so, the average rent price paid by renters in Portsmouth is 583, according to recent statistics.

Diversity And Demographics In Portsmouth, 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 Portsmouth, 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 Portsmouth is 50.5, split between 54.8 percent male versus 45.2 female. The percentage of residents who report being married in Portsmouth is 46.5, with an average family size of 2.89.

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

White 100%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0%

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

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

Under 10 8.7%
Aged 10-19 11.9%
20s 6.4%
30s 13.5%
40s 8.8%
50s 27%
60s 11.1%
70s 7.9%
80+ 4.8%

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

Pros And Cons Of Living In Portsmouth, Iowa

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

  • 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 Portsmouth.

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

Portsmouth, IA Foreclosures


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