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Foreclosure Homes in Woodhaven, MI

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2 Peters-Woodhaven-MI-48183
City Owned

Peters
Woodhaven, MI 48183

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Foreclosure Homes in Woodhaven, MI

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


Top Reasons To Live In Woodhaven, MI In 2021

Woodhaven is located in Wayne, Michigan, with an estimated municipal population of 12,469 residents. All of the best foreclosed homes for sale in Woodhaven are located in the following zip code areas on Foreclosure.com: 48183. The estimated population per square kilometer (.62 miles) in Woodhaven is 753.


Cost Of Living In Woodhaven, MI

So, about how much do homes cost in Woodhaven? The most recent median value of resident-owned homes in Woodhaven is 160,071. An estimated 71.8 percent of households in Woodhaven own their homes, with an average family size of 3.01. The median household income in Woodhaven is 64,501, with29 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Woodhaven, the median commute time of resident workers (in minutes) is 25.7. And last, but certainly not least, are you looking for homes to rent in Woodhaven? If so, the average rent price paid by renters in Woodhaven is 844, according to recent statistics.


Diversity And Demographics In Woodhaven, Michigan

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 Woodhaven, 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 Woodhaven is 45.4, split between 48.5 percent male versus 51.5 female. The percentage of residents who report being married in Woodhaven is 51.4, with an average family size of 3.01.

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

White 88.1%
Black / African American 5.9%
Asian 3.1%
American Indian / Alaskan Native 0.3%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.4%
Other 1.1%

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

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

Under 10 9.6%
Aged 10-19 11.2%
20s 9.9%
30s 12.6%
40s 12.8%
50s 15.4%
60s 16.4%
70s 9.8%
80+ 2.3%

Best Schools In Woodhaven, Michigan

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


Pros And Cons Of Living In Woodhaven, Michigan

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

  • 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 Woodhaven.


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

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