There are currently 36,628 real estate properties in Centennial, CO, with a median automated valuation model (AVM) price of $671,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Centennial, 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 Centennial, CO, is $711,858.00, with the most expensive house in Centennial, CO, topping out at $6,500,000.00 and the cheapest home in Centennial, CO, clocking in at $106,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Centennial, CO!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Centennial, CO, is on a rollercoaster ride. The average rent price in Centennial, CO, is $2,194.00. Indeed, when looking to rent in Centennial, CO, you can expect to pay as little as $1,440.00 or as much as $4,340.00, with the average rent median estimated to be $2,160.00. The good news is that finding an affordable and desirable property to rent in Centennial, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Centennial, CO area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Centennial, CO and much more. Save thousands at closing with home foreclosure listings in Centennial, CO — up to 75% off market value!
Centennial is located in Arapahoe, Colorado, with an estimated municipal population of 110,937 residents. All of the best foreclosed homes for sale in Centennial are located in the following zip code areas on Foreclosure.com: 80122 80121 80112 80016 80015 80111 80155 80161. The estimated population per square kilometer (.62 miles) in Centennial is 1,448.
So, about how much do homes cost in Centennial? The most recent median value of resident-owned homes in Centennial is 433,842. An estimated 82.2 percent of households in Centennial own their homes, with an average family size of 3.11. The median household income in Centennial is 109,324, with54.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Centennial, the median commute time of resident workers (in minutes) is 26.2. And last, but certainly not least, are you looking for homes to rent in Centennial? If so, the average rent price paid by renters in Centennial is 1,740, 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 Centennial, 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 Centennial is 41.3, split between 50.2 percent male versus 49.8 female. The percentage of residents who report being married in Centennial is 59.3, with an average family size of 3.11.
The percentage of residents who report their race in Centennial is as follows:
|Black / African American||3%|
|American Indian / Alaskan Native||0.3%|
|Native Hawaiian / Other Pacifc Islander||0.1%|
Looking for family-friendly neighborhoods in and/or near Centennial? Or maybe you are searching for 55+ active adult communities in and/or near Centennial?
The percentage of residents who report their age in Centennial is as follows:
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 Centennial with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Centennial.
How do you know that living in -- or moving to -- Centennial is right where you need to be? Perhaps you grew up in Centennial or already live nearby; therefore, the decision to buy a home in Centennial is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Centennial 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 Centennial:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Centennial.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Centennial can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Centennial, meanwhile, can field multiple offers from more qualified buyers.
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