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Foreclosure Homes in Eldred, IL

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Centennial-st-White-hall-IL-62092
Foreclosure
$30,000 List Price

Centennial St
White Hall, IL 62092

3 Bed | 1 Bath | 1,499 Sq. Ft.

1 Church-st-Carrollton-IL-62016
Foreclosure
$125,000 List Price

Church St
Carrollton, IL 62016

5 Bed | 2 Bath | 2,412 Sq. Ft.

W-patterson-st-Roodhouse-IL-62082
Bankruptcy

W Patterson St
Roodhouse, IL 62082

5 Pine-st-Carrollton-IL-62016
Fixer Upper
$29,900 List Price

Pine St
Carrollton, IL 62016

2 Bed | 1 Bath

5th-st-Carrollton-IL-62016
Bankruptcy
$75,055 EMV

5th St
Carrollton, IL 62016

Prairie-st-Greenfield-IL-62044
Bankruptcy
$52,275 EMV

Prairie St
Greenfield, IL 62044

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Foreclosure Homes in Eldred, IL

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


Top Reasons To Live In Eldred, IL In 2021

Eldred is located in Greene, Illinois, with an estimated municipal population of 186 residents. All of the best foreclosed homes for sale in Eldred are located in the following zip code areas on Foreclosure.com: 62027. The estimated population per square kilometer (.62 miles) in Eldred is 536.


Cost Of Living In Eldred, IL

So, about how much do homes cost in Eldred? The most recent median value of resident-owned homes in Eldred is 65,636. An estimated 80.4 percent of households in Eldred own their homes, with an average family size of 3.65. The median household income in Eldred is 25,682, with4.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Eldred, the median commute time of resident workers (in minutes) is 35.5.


Diversity And Demographics In Eldred, 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 Eldred, 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 Eldred is 62.5, split between 37.6 percent male versus 62.4 female. The percentage of residents who report being married in Eldred is 23, with an average family size of 3.65.

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

White 85.5%
Black / African American 0%
Asian 14.5%
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 Eldred? Or maybe you are searching for 55+ active adult communities in and/or near Eldred?

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

Under 10 1.1%
Aged 10-19 7%
20s 11.8%
30s 8.6%
40s 4.3%
50s 15.1%
60s 29%
70s 12.4%
80+ 10.7%

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


Pros And Cons Of Living In Eldred, Illinois

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

  • 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 Eldred.


Reasons To Move To Eldred, Illinois, In 2021

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

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