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Foreclosure Homes in Spanish Lake, MO

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Foreclosure Homes in Spanish Lake, MO

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


Top Reasons To Live In Spanish Lake, MO In 2021

Spanish Lake is located in St. Louis, Missouri, with an estimated municipal population of 17,485 residents. All of the best foreclosed homes for sale in Spanish Lake are located in the following zip code areas on Foreclosure.com: 63138. The estimated population per square kilometer (.62 miles) in Spanish Lake is 915.


Cost Of Living In Spanish Lake, MO

So, about how much do homes cost in Spanish Lake? The most recent median value of resident-owned homes in Spanish Lake is 97,967. An estimated 44.1 percent of households in Spanish Lake own their homes, with an average family size of 3.31. The median household income in Spanish Lake is 37,153, with12.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Spanish Lake, the median commute time of resident workers (in minutes) is 28.8. And last, but certainly not least, are you looking for homes to rent in Spanish Lake? If so, the average rent price paid by renters in Spanish Lake is 815, according to recent statistics.


Diversity And Demographics In Spanish Lake, Missouri

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 Spanish Lake, 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 Spanish Lake is 30.7, split between 46.7 percent male versus 53.3 female. The percentage of residents who report being married in Spanish Lake is 31.9, with an average family size of 3.31.

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

White 17.5%
Black / African American 79%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.8%
Other 0.7%

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

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

Under 10 16%
Aged 10-19 13.1%
20s 18.8%
30s 11.5%
40s 9.3%
50s 11.3%
60s 11.9%
70s 5.7%
80+ 2.2%

Best Schools In Spanish Lake, Missouri

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


Pros And Cons Of Living In Spanish Lake, Missouri

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

  • 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 Spanish Lake.


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

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