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Foreclosures in Wilmot, AR

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View this home at Estate St Crossett AR 71635
Preforeclosure
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$118,076 EMV
Estate St
Crossett, AR 71635
Single-Family
EST. RENT: $1,001
|
AUCTION: 05-16-2024
Single-Family
View this home at Kerry Dr Crossett AR 71635
Preforeclosure
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Kerry Dr
Crossett, AR 71635
Single-Family
AUCTION: 05-23-2024
Single-Family
View this home at Ashley Road 298 Crossett AR 71635
Preforeclosure
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$8,536 EMV
Ashley Road 298
Crossett, AR 71635
Single-Family
EST. RENT: $820
|
AUCTION: 05-22-2024
Single-Family
View this home at E 3rd Ave Crossett AR 71635
Preforeclosure
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$78,833 EMV
E 3rd Ave
Crossett, AR 71635
Single-Family
2.5
|
1,664
EST. RENT: $870
|
AUCTION: 04-11-2024
Single-Family
2.5
|
1,664
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Top Reasons To Live In Wilmot, AR In 2024

Wilmot is located in Ashley, Arkansas, with an estimated municipal population of 492 residents. All of the best foreclosed homes for sale in Wilmot are located in the following zip code areas on Foreclosure.com: 71676. The estimated population per square kilometer (.62 miles) in Wilmot is 107.


Cost Of Living In Wilmot, AR

So, about how much do homes cost in Wilmot? The most recent median value of resident-owned homes in Wilmot is 43,435. An estimated 81.5 percent of households in Wilmot own their homes, with an average family size of 4.22. The median household income in Wilmot is 39,792, with7.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Wilmot, the median commute time of resident workers (in minutes) is 21.9. And last, but certainly not least, are you looking for homes to rent in Wilmot? If so, the average rent price paid by renters in Wilmot is 633, according to recent statistics.


Diversity And Demographics In Wilmot, Arkansas

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 Wilmot, 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 Wilmot is 42.8, split between 39.8 percent male versus 60.2 female. The percentage of residents who report being married in Wilmot is 36.8, with an average family size of 4.22.

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

White 18.6%
Black / African American 81.4%
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 Wilmot? Or maybe you are searching for 55+ active adult communities in and/or near Wilmot?

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

Under 10 23.5%
Aged 10-19 12.7%
20s 3.8%
30s 7.1%
40s 11.4%
50s 13.9%
60s 17.4%
70s 6.9%
80+ 3.2%

Best Schools In Wilmot, Arkansas

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


Pros And Cons Of Living In Wilmot, Arkansas

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

  • 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 Wilmot.


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

Wilmot, AR Foreclosures


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