Foreclosures in Waterford, WI

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View this home at Lake Pointe Ct Waterford WI 53185
$361,538 EMV
Lake Pointe Ct
Waterford, WI 53185
EST. RENT: $2,030
AUCTION: 06-18-2024
View this home at Jacobs Rd Waterford WI 53185
$594,393 EMV
Jacobs Rd
Waterford, WI 53185
EST. RENT: $1,930
AUCTION: 05-07-2024
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Home Value Estimator For Waterford, WI

There are currently 4,817 real estate properties in Waterford, WI, with a median automated valuation model (AVM) price of $401,451.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Waterford, 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 Waterford, WI, is $445,450.00, with the most expensive house in Waterford, WI, topping out at $4,419,623.00 and the cheapest home in Waterford, WI, clocking in at $13,555.00. In other words, there’s something for every potential homebuyer or savvy investor in Waterford, WI!

Rent Prices In Waterford, WI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Waterford, WI, is on a rollercoaster ride. The average rent price in Waterford, WI, is $1,684.00. Indeed, when looking to rent in Waterford, WI, you can expect to pay as little as $1,050.00 or as much as $2,910.00, with the average rent median estimated to be $1,680.00. The good news is that finding an affordable and desirable property to rent in Waterford, 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.

Top Reasons To Live In Waterford, WI In 2024

Waterford is located in Racine, Wisconsin, with an estimated municipal population of 5,562 residents. All of the best foreclosed homes for sale in Waterford are located in the following zip code areas on 53185. The estimated population per square kilometer (.62 miles) in Waterford is 875.

Cost Of Living In Waterford, WI

So, about how much do homes cost in Waterford? The most recent median value of resident-owned homes in Waterford is 212,581. An estimated 75.6 percent of households in Waterford own their homes, with an average family size of 2.99. The median household income in Waterford is 87,929, with40.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Waterford, the median commute time of resident workers (in minutes) is 29.1. And last, but certainly not least, are you looking for homes to rent in Waterford? If so, the average rent price paid by renters in Waterford is 985, according to recent statistics.

Diversity And Demographics In Waterford, Wisconsin

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 Waterford, 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 Waterford is 41, split between 49.4 percent male versus 50.6 female. The percentage of residents who report being married in Waterford is 64.8, with an average family size of 2.99.

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

White 98.1%
Black / African American 0.3%
Asian 0.3%
American Indian / Alaskan Native 0.9%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.3%
Other 0%

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

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

Under 10 15.6%
Aged 10-19 12.4%
20s 7.2%
30s 12.8%
40s 11.8%
50s 10%
60s 16.9%
70s 8.5%
80+ 4.8%

Best Schools In Waterford, Wisconsin

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

Pros And Cons Of Living In Waterford, Wisconsin

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

  • 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 Waterford.

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

Waterford, WI Foreclosures


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