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Preforeclosure Homes in Aspen Hill, MD

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Top Reasons To Live In Aspen Hill, MD In 2024

Aspen Hill is located in Montgomery, Maryland, with an estimated municipal population of 53,049 residents. All of the best foreclosed homes for sale in Aspen Hill are located in the following zip code areas on Foreclosure.com: 20853 20906 20897 20908 20916. The estimated population per square kilometer (.62 miles) in Aspen Hill is 2,134.


Cost Of Living In Aspen Hill, MD

So, about how much do homes cost in Aspen Hill? The most recent median value of resident-owned homes in Aspen Hill is 423,314. An estimated 65.6 percent of households in Aspen Hill own their homes, with an average family size of 3.53. The median household income in Aspen Hill is 87,055, with44.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Aspen Hill, the median commute time of resident workers (in minutes) is 36. And last, but certainly not least, are you looking for homes to rent in Aspen Hill? If so, the average rent price paid by renters in Aspen Hill is 1,684, according to recent statistics.


Diversity And Demographics In Aspen Hill, Maryland

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 Aspen Hill, 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 Aspen Hill is 37.5, split between 48.4 percent male versus 51.6 female. The percentage of residents who report being married in Aspen Hill is 47.2, with an average family size of 3.53.

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

White 41.6%
Black / African American 18.1%
Asian 11.1%
American Indian / Alaskan Native 0.7%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.8%
Other 24.7%

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

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

Under 10 14%
Aged 10-19 13.6%
20s 13.2%
30s 12.8%
40s 13.5%
50s 14.1%
60s 9.4%
70s 5.3%
80+ 4.2%

Best Schools In Aspen Hill, Maryland

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


Pros And Cons Of Living In Aspen Hill, Maryland

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

  • 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 Aspen Hill.


Reasons To Move To Aspen Hill, Maryland, In 2024

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

Aspen Hill, MD Preforeclosure Homes


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