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Foreclosure Homes in Pontoon Beach, IL

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Emerald-way-w-Pontoon-beach-IL-62040
Preforeclosure

Emerald Way W
Pontoon Beach, IL 62040

| 1.5 Bath | 2,263 Sq. Ft.

B-st-Pontoon-beach-IL-62040
Tax Lien
$62,900 EMV

B St
Pontoon Beach, IL 62040

State-route-111-Pontoon-beach-IL-62040
Tax Lien

State Route 111
Pontoon Beach, IL 62040

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Home Value Estimator For Pontoon Beach, IL

There are currently 94 real estate properties in Pontoon Beach, IL, with a median automated valuation model (AVM) price of $169,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Pontoon Beach, IL, 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 Pontoon Beach, IL, is $172,167.00, with the most expensive house in Pontoon Beach, IL, topping out at $325,300.00 and the cheapest home in Pontoon Beach, IL, clocking in at $37,400.00. In other words, there’s something for every potential homebuyer or savvy investor in Pontoon Beach, IL!


Rent Prices In Pontoon Beach, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Pontoon Beach, IL, is on a rollercoaster ride. The average rent price in Pontoon Beach, IL, is $1,115.00. Indeed, when looking to rent in Pontoon Beach, IL, you can expect to pay as little as $760.00 or as much as $1,480.00, with the average rent median estimated to be $1,120.00. The good news is that finding an affordable and desirable property to rent in Pontoon Beach, IL -- 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.


Foreclosure Homes in Pontoon Beach, IL

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


Top Reasons To Live In Pontoon Beach, IL In 2021

Pontoon Beach is located in Madison, Illinois, with an estimated municipal population of 5,641 residents. All of the best foreclosed homes for sale in Pontoon Beach are located in the following zip code areas on Foreclosure.com: 62025 62040 62234. The estimated population per square kilometer (.62 miles) in Pontoon Beach is 218.


Cost Of Living In Pontoon Beach, IL

So, about how much do homes cost in Pontoon Beach? The most recent median value of resident-owned homes in Pontoon Beach is 95,593. An estimated 65.7 percent of households in Pontoon Beach own their homes, with an average family size of 2.88. The median household income in Pontoon Beach is 53,341, with19.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Pontoon Beach, the median commute time of resident workers (in minutes) is 25.9. And last, but certainly not least, are you looking for homes to rent in Pontoon Beach? If so, the average rent price paid by renters in Pontoon Beach is 849, according to recent statistics.


Diversity And Demographics In Pontoon Beach, 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 Pontoon Beach, 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 Pontoon Beach is 35.1, split between 46.7 percent male versus 53.3 female. The percentage of residents who report being married in Pontoon Beach is 53.3, with an average family size of 2.88.

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

White 90.5%
Black / African American 5.1%
Asian 1.7%
American Indian / Alaskan Native 0.5%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.1%
Other 1.1%

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

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

Under 10 13.6%
Aged 10-19 13.9%
20s 14%
30s 13.7%
40s 10.8%
50s 14.8%
60s 14.1%
70s 4%
80+ 1.2%

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


Pros And Cons Of Living In Pontoon Beach, Illinois

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

  • 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 Pontoon Beach.


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

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Listing types in Pontoon Beach, IL

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