Foreclosure Homes in Cloverly, MD

Foreclosure Homes in Cloverly, MD

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

Top Reasons To Live In Cloverly, MD In 2023

Cloverly is located in Montgomery, Maryland, with an estimated municipal population of 15,464 residents. All of the best foreclosed homes for sale in Cloverly are located in the following zip code areas on Foreclosure.com: 20905. The estimated population per square kilometer (.62 miles) in Cloverly is 597.

Cost Of Living In Cloverly, MD

So, about how much do homes cost in Cloverly? The most recent median value of resident-owned homes in Cloverly is 487,736. An estimated 93 percent of households in Cloverly own their homes, with an average family size of 3.54. The median household income in Cloverly is 134,964, with65.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Cloverly, the median commute time of resident workers (in minutes) is 36.7. And last, but certainly not least, are you looking for homes to rent in Cloverly? If so, the average rent price paid by renters in Cloverly is 1,477, according to recent statistics.

Diversity And Demographics In Cloverly, 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 Cloverly, 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 Cloverly is 42.4, split between 50.3 percent male versus 49.7 female. The percentage of residents who report being married in Cloverly is 60, with an average family size of 3.54.

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

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

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

Best Schools In Cloverly, 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 Cloverly with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Cloverly.

Pros And Cons Of Living In Cloverly, Maryland

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

• 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 Cloverly.

Reasons To Move To Cloverly, Maryland, In 2023

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