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Foreclosure Homes in Wakonda, SD

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Top Reasons To Live In Wakonda, SD In 2024

Wakonda is located in Clay, South Dakota, with an estimated municipal population of 294 residents. All of the best foreclosed homes for sale in Wakonda are located in the following zip code areas on Foreclosure.com: 57073. The estimated population per square kilometer (.62 miles) in Wakonda is 294.


Cost Of Living In Wakonda, SD

So, about how much do homes cost in Wakonda? The most recent median value of resident-owned homes in Wakonda is 62,500. An estimated 81.3 percent of households in Wakonda own their homes, with an average family size of 2.72. The median household income in Wakonda is 45,938, with13.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Wakonda, the median commute time of resident workers (in minutes) is 28.6. And last, but certainly not least, are you looking for homes to rent in Wakonda? If so, the average rent price paid by renters in Wakonda is 575, according to recent statistics.


Diversity And Demographics In Wakonda, South Dakota

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 Wakonda, 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 Wakonda is 56, split between 51.6 percent male versus 48.4 female. The percentage of residents who report being married in Wakonda is 53.8, with an average family size of 2.72.

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

White 92.3%
Black / African American 4%
Asian 0.4%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.2%
Other 0%

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

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

Under 10 8.4%
Aged 10-19 12.9%
20s 6.8%
30s 6.8%
40s 10.1%
50s 12.9%
60s 17.8%
70s 9.3%
80+ 15%

Best Schools In Wakonda, South Dakota

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


Pros And Cons Of Living In Wakonda, South Dakota

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

  • 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 Wakonda.


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

Wakonda, SD Foreclosures


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