There are currently 3,523 real estate properties in La Junta, CO, with a median automated valuation model (AVM) price of $152,633.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in La Junta, CO, 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 La Junta, CO, is $193,782.00, with the most expensive house in La Junta, CO, topping out at $8,671,277.00 and the cheapest home in La Junta, CO, clocking in at $18,820.00. In other words, there’s something for every potential homebuyer or savvy investor in La Junta, CO!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in La Junta, CO, is on a rollercoaster ride. The average rent price in La Junta, CO, is $805.00. Indeed, when looking to rent in La Junta, CO, you can expect to pay as little as $430.00 or as much as $2,120.00, with the average rent median estimated to be $760.00. The good news is that finding an affordable and desirable property to rent in La Junta, CO -- 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.
La Junta is located in Otero, Colorado, with an estimated municipal population of 6,881 residents. All of the best foreclosed homes for sale in La Junta are located in the following zip code areas on Foreclosure.com: 81050. The estimated population per square kilometer (.62 miles) in La Junta is 865.
So, about how much do homes cost in La Junta? The most recent median value of resident-owned homes in La Junta is 87,262. An estimated 56.6 percent of households in La Junta own their homes, with an average family size of 2.84. The median household income in La Junta is 39,567, with9.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in La Junta, the median commute time of resident workers (in minutes) is 13.3. And last, but certainly not least, are you looking for homes to rent in La Junta? If so, the average rent price paid by renters in La Junta is 688, according to recent statistics.
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 La Junta, 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 La Junta is 38.9, split between 48.2 percent male versus 51.8 female. The percentage of residents who report being married in La Junta is 43.8, with an average family size of 2.84.
The percentage of residents who report their race in La Junta is as follows:
| White | 86.8% |
| Black / African American | 1.1% |
| Asian | 2.2% |
| American Indian / Alaskan Native | 0.9% |
| Native Hawaiian / Other Pacifc Islander | 0.1% |
| Multi-racial | 3.3% |
| Other | 5.6% |
Looking for family-friendly neighborhoods in and/or near La Junta? Or maybe you are searching for 55+ active adult communities in and/or near La Junta?
The percentage of residents who report their age in La Junta is as follows:
| Under 10 | 13.1% |
| Aged 10-19 | 16.2% |
| 20s | 9.9% |
| 30s | 11.6% |
| 40s | 14.2% |
| 50s | 11.6% |
| 60s | 10.2% |
| 70s | 8.6% |
| 80+ | 4.6% |
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 La Junta with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in La Junta.
How do you know that living in -- or moving to -- La Junta is right where you need to be? Perhaps you grew up in La Junta or already live nearby; therefore, the decision to buy a home in La Junta is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to La Junta 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 La Junta:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like La Junta.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in La Junta can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in La Junta, meanwhile, can field multiple offers from more qualified buyers.
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