South Wayne is located in Lafayette, Wisconsin, with an estimated municipal population of 473 residents. All of the best foreclosed homes for sale in South Wayne are located in the following zip code areas on Foreclosure.com: 53587. The estimated population per square kilometer (.62 miles) in South Wayne is 224.
So, about how much do homes cost in South Wayne? The most recent median value of resident-owned homes in South Wayne is 86,426. An estimated 74.3 percent of households in South Wayne own their homes, with an average family size of 2.82. The median household income in South Wayne is 46,719, with15.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in South Wayne, the median commute time of resident workers (in minutes) is 20.5. And last, but certainly not least, are you looking for homes to rent in South Wayne? If so, the average rent price paid by renters in South Wayne is 655, according to recent statistics.
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 South Wayne, 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 South Wayne is 46.6, split between 52.3 percent male versus 47.7 female. The percentage of residents who report being married in South Wayne is 47.5, with an average family size of 2.82.
The percentage of residents who report their race in South Wayne is as follows:
| White | 91.8% |
| Black / African American | 0.8% |
| Asian | 0% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 7.4% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near South Wayne? Or maybe you are searching for 55+ active adult communities in and/or near South Wayne?
The percentage of residents who report their age in South Wayne is as follows:
| Under 10 | 9.4% |
| Aged 10-19 | 13.2% |
| 20s | 7.7% |
| 30s | 10.9% |
| 40s | 10.7% |
| 50s | 16.8% |
| 60s | 19.2% |
| 70s | 6.4% |
| 80+ | 5.7% |
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 South Wayne with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in South Wayne.
How do you know that living in -- or moving to -- South Wayne is right where you need to be? Perhaps you grew up in South Wayne or already live nearby; therefore, the decision to buy a home in South Wayne is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to South Wayne 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 South Wayne:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like South Wayne.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in South Wayne can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in South Wayne, meanwhile, can field multiple offers from more qualified buyers.
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