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Bankruptcy Homes in Canon City, CO

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Hawkins-st-Penrose-CO-81240
Bankruptcy
$172,975 EMV

Hawkins St
Penrose, CO 81240

3 Bed | 2 Bath | 1,222 Sq. Ft.

15th-st-Penrose-CO-81240
Bankruptcy
$179,350 EMV

15th St
Penrose, CO 81240

3 Bed | 2 Bath | 1,419 Sq. Ft.

J-st-Penrose-CO-81240
Bankruptcy
$199,665 EMV

J St
Penrose, CO 81240

3 Bed | 2.5 Bath | 1,512 Sq. Ft.

R-st-Penrose-CO-81240
Bankruptcy
$165,750 EMV

R St
Penrose, CO 81240

W-3rd-st-Florence-CO-81226
Bankruptcy
$138,635 EMV

W 3rd St
Florence, CO 81226

2 Bed | 1 Bath | 933 Sq. Ft.

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Foreclosure Homes in Canon City, CO

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


Top Reasons To Live In Canon City, CO In 2021

Canon City is located in Fremont, Colorado, with an estimated municipal population of 16,725 residents. All of the best foreclosed homes for sale in Canon City are located in the following zip code areas on Foreclosure.com: 81212 81215. The estimated population per square kilometer (.62 miles) in Canon City is 521.


Cost Of Living In Canon City, CO

So, about how much do homes cost in Canon City? The most recent median value of resident-owned homes in Canon City is 157,019. An estimated 67.6 percent of households in Canon City own their homes, with an average family size of 2.54. The median household income in Canon City is 46,494, with15.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Canon City, the median commute time of resident workers (in minutes) is 20.6. And last, but certainly not least, are you looking for homes to rent in Canon City? If so, the average rent price paid by renters in Canon City is 800, according to recent statistics.


Diversity And Demographics In Canon City, Colorado

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 Canon City, 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 Canon City is 44.2, split between 48 percent male versus 52 female. The percentage of residents who report being married in Canon City is 51.7, with an average family size of 2.54.

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

White 95.4%
Black / African American 1%
Asian 0.1%
American Indian / Alaskan Native 0.6%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.5%
Other 1.3%

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

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

Under 10 12.3%
Aged 10-19 11.3%
20s 11.4%
30s 11.9%
40s 8.9%
50s 13.4%
60s 13.2%
70s 10.7%
80+ 6.7%

Best Schools In Canon City, Colorado

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


Pros And Cons Of Living In Canon City, Colorado

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

  • 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 Canon City.


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

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