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Foreclosure Homes in Sheffield, IA

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Top Reasons To Live In Sheffield, IA In 2024

Sheffield is located in Franklin, Iowa, with an estimated municipal population of 1,106 residents. All of the best foreclosed homes for sale in Sheffield are located in the following zip code areas on Foreclosure.com: 50475. The estimated population per square kilometer (.62 miles) in Sheffield is 76.


Cost Of Living In Sheffield, IA

So, about how much do homes cost in Sheffield? The most recent median value of resident-owned homes in Sheffield is 97,186. An estimated 81.3 percent of households in Sheffield own their homes, with an average family size of 3.14. The median household income in Sheffield is 50,625, with21.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Sheffield, the median commute time of resident workers (in minutes) is 16.3. And last, but certainly not least, are you looking for homes to rent in Sheffield? If so, the average rent price paid by renters in Sheffield is 671, according to recent statistics.


Diversity And Demographics In Sheffield, 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 Sheffield, 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 Sheffield is 45.9, split between 48.8 percent male versus 51.2 female. The percentage of residents who report being married in Sheffield is 59.5, with an average family size of 3.14.

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

White 98.4%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.2%
Other 0.4%

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

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

Under 10 13.3%
Aged 10-19 11.1%
20s 9.7%
30s 11.1%
40s 7.9%
50s 12.1%
60s 18.2%
70s 7.3%
80+ 9.1%

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


Pros And Cons Of Living In Sheffield, Iowa

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

  • 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 Sheffield.


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

Sheffield, IA Foreclosures


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