Broad Brook is located in Hartford, Connecticut, with an estimated municipal population of 4,695 residents. All of the best foreclosed homes for sale in Broad Brook are located in the following zip code areas on Foreclosure.com: 06016. The estimated population per square kilometer (.62 miles) in Broad Brook is 305.
So, about how much do homes cost in Broad Brook? The most recent median value of resident-owned homes in Broad Brook is 243,474. An estimated 68.1 percent of households in Broad Brook own their homes, with an average family size of 3.3. The median household income in Broad Brook is 81,500, with43.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Broad Brook, the median commute time of resident workers (in minutes) is 23.8. And last, but certainly not least, are you looking for homes to rent in Broad Brook? If so, the average rent price paid by renters in Broad Brook is 1,226, 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 Broad Brook, 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 Broad Brook is 36.3, split between 45.3 percent male versus 54.7 female. The percentage of residents who report being married in Broad Brook is 43.8, with an average family size of 3.3.
The percentage of residents who report their race in Broad Brook is as follows:
White | 75.1% |
Black / African American | 14% |
Asian | 2.5% |
American Indian / Alaskan Native | 0% |
Native Hawaiian / Other Pacifc Islander | 0% |
Multi-racial | 5.9% |
Other | 2.6% |
Looking for family-friendly neighborhoods in and/or near Broad Brook? Or maybe you are searching for 55+ active adult communities in and/or near Broad Brook?
The percentage of residents who report their age in Broad Brook is as follows:
Under 10 | 15.6% |
Aged 10-19 | 11% |
20s | 15.4% |
30s | 12.3% |
40s | 13.9% |
50s | 16.5% |
60s | 5.4% |
70s | 4.9% |
80+ | 5% |
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 Broad Brook with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Broad Brook.
How do you know that living in -- or moving to -- Broad Brook is right where you need to be? Perhaps you grew up in Broad Brook or already live nearby; therefore, the decision to buy a home in Broad Brook is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Broad Brook 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 Broad Brook:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Broad Brook.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Broad Brook can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Broad Brook, meanwhile, can field multiple offers from more qualified buyers.
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