Foreclosure Homes in Westgate, IA

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4 View this home at Main St Westgate IA 50681
$137,571 EMV
Main St
Westgate, IA 50681
4 |
EST. RENT: $1,398
AUCTION: 04-24-2024
4 |
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Westgate, IA Foreclosures

How much do homes sell for in Westgate, IA?
The average home price is currently $184,632.
In Westgate, IA, how many homes are available?
There are currently 187 active home listings available in Westgate.
What’s the average rental cost in Westgate, IA?
The average rental price in Westgate is $1,287.
What is the most expensive home in Westgate, Iowa?
The most expensive home sold in Westgate had a price of $950,000.
What is currently the cheapest priced home in Westgate, IA?
The cheapest home for sale in Westgate is priced at $17,720.

Home Value Estimator For Westgate, IA

There are currently 187 real estate properties in Westgate, IA, with a median automated valuation model (AVM) price of $154,645.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Westgate, IA, 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 Westgate, IA, is $184,632.00, with the most expensive house in Westgate, IA, topping out at $950,000.00 and the cheapest home in Westgate, IA, clocking in at $17,720.00. In other words, there’s something for every potential homebuyer or savvy investor in Westgate, IA!

Rent Prices In Westgate, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Westgate, IA, is on a rollercoaster ride. The average rent price in Westgate, IA, is $1,287.00. Indeed, when looking to rent in Westgate, IA, you can expect to pay as little as $820.00 or as much as $2,340.00, with the average rent median estimated to be $1,260.00. The good news is that finding an affordable and desirable property to rent in Westgate, IA -- 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 Westgate, IA In 2024

Westgate is located in Fayette, Iowa, with an estimated municipal population of 198 residents. All of the best foreclosed homes for sale in Westgate are located in the following zip code areas on 50681. The estimated population per square kilometer (.62 miles) in Westgate is 215.

Cost Of Living In Westgate, IA

So, about how much do homes cost in Westgate? The most recent median value of resident-owned homes in Westgate is 66,912. An estimated 89.1 percent of households in Westgate own their homes, with an average family size of 3.2. The median household income in Westgate is 50,833, with8.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Westgate, the median commute time of resident workers (in minutes) is 24.6. And last, but certainly not least, are you looking for homes to rent in Westgate? If so, the average rent price paid by renters in Westgate is 600, according to recent statistics.

Diversity And Demographics In Westgate, 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 Westgate, 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 Westgate is 41.5, split between 50.4 percent male versus 49.6 female. The percentage of residents who report being married in Westgate is 56, with an average family size of 3.2.

The percentage of residents who report their race in Westgate 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 Westgate? Or maybe you are searching for 55+ active adult communities in and/or near Westgate?

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

Under 10 11.2%
Aged 10-19 14.7%
20s 8.1%
30s 15.6%
40s 11.2%
50s 17.9%
60s 13.4%
70s 5.8%
80+ 2.2%

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

Pros And Cons Of Living In Westgate, Iowa

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

  • 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 Westgate.

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

Westgate, IA Foreclosures


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