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Short Sale Listings in Winnebago, IL

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15 Greenwood-ave-Rockford-IL-61107
Short Sale
$79,000 List Price

3 Bed | 2 Bath

2 Colchester-dr-Machesney-park-IL-61115
Short Sale
$175,000 List Price

3 Bed | 2 Bath

Displaying 1 - 2 of 2
 

Foreclosure Homes in Winnebago, IL

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Winnebago, IL area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Winnebago, IL and much more. Save thousands at closing with home foreclosure listings in Winnebago, IL — up to 75% off market value!


Top Reasons To Live In Winnebago, IL In 2022

Winnebago is located in Winnebago, Illinois, with an estimated municipal population of 2,991 residents. All of the best foreclosed homes for sale in Winnebago are located in the following zip code areas on Foreclosure.com: 61088. The estimated population per square kilometer (.62 miles) in Winnebago is 597.


Cost Of Living In Winnebago, IL

So, about how much do homes cost in Winnebago? The most recent median value of resident-owned homes in Winnebago is 140,325. An estimated 85.2 percent of households in Winnebago own their homes, with an average family size of 3.03. The median household income in Winnebago is 83,005, with36.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Winnebago, the median commute time of resident workers (in minutes) is 23.6. And last, but certainly not least, are you looking for homes to rent in Winnebago? If so, the average rent price paid by renters in Winnebago is 821, according to recent statistics.


Diversity And Demographics In Winnebago, Illinois

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 Winnebago, 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 Winnebago is 42, split between 49.4 percent male versus 50.6 female. The percentage of residents who report being married in Winnebago is 63.8, with an average family size of 3.03.

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

White 97.7%
Black / African American 2.3%
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 Winnebago? Or maybe you are searching for 55+ active adult communities in and/or near Winnebago?

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

Under 10 12.2%
Aged 10-19 16.3%
20s 9.1%
30s 10.1%
40s 13.2%
50s 17.8%
60s 13%
70s 5.7%
80+ 2.7%

Best Schools In Winnebago, Illinois

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


Pros And Cons Of Living In Winnebago, Illinois

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

  • 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 Winnebago.


Reasons To Move To Winnebago, Illinois, In 2022

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Winnebago can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Winnebago, meanwhile, can field multiple offers from more qualified buyers.

Winnebago, IL Short Sale Listings


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