foreclosure.com

Foreclosure Homes in Colchester, CT

Search within map
View this home at Paru 0305 Colchester CT 06415
Preforeclosure
VIEW DETAILS
Paru 0305
Colchester, CT 06415
AUCTION: 04-13-2024
1 View this home at Parum Rd # 3-05 Colchester CT 06415
Preforeclosure
VIEW DETAILS
Parum Rd # 3-05
Colchester, CT 06415
Single-Family
|
3 |
1
|
1,503
AUCTION: 04-13-2024
Single-Family
|
3 |
1
|
1,503
Displaying 1 - 10 of 22
More real estate for sale

Other cities with foreclosures
Zip codes

Colchester, CT Foreclosures

How much do homes sell for in Colchester, CT?
The average home price is currently $375,750.
In Colchester, CT, how many homes are available?
There are currently 5,609 active home listings available in Colchester.
What’s the average rental cost in Colchester, CT?
The average rental price in Colchester is $1,588.
What is the most expensive home in Colchester, Connecticut?
The most expensive home sold in Colchester had a price of $3,250,000.
What is currently the cheapest priced home in Colchester, CT?
The cheapest home for sale in Colchester is priced at $11,794.

Home Value Estimator For Colchester, CT

There are currently 5,609 real estate properties in Colchester, CT, with a median automated valuation model (AVM) price of $368,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Colchester, CT, 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 Colchester, CT, is $375,750.00, with the most expensive house in Colchester, CT, topping out at $3,250,000.00 and the cheapest home in Colchester, CT, clocking in at $11,794.00. In other words, there’s something for every potential homebuyer or savvy investor in Colchester, CT!


Rent Prices In Colchester, CT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Colchester, CT, is on a rollercoaster ride. The average rent price in Colchester, CT, is $1,588.00. Indeed, when looking to rent in Colchester, CT, you can expect to pay as little as $1,010.00 or as much as $2,670.00, with the average rent median estimated to be $1,600.00. The good news is that finding an affordable and desirable property to rent in Colchester, CT -- 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.


Top Reasons To Live In Colchester, CT In 2024

Colchester is located in New London, Connecticut, with an estimated municipal population of 15,860 residents. All of the best foreclosed homes for sale in Colchester are located in the following zip code areas on Foreclosure.com: 06415 06474. The estimated population per square kilometer (.62 miles) in Colchester is 124.


Cost Of Living In Colchester, CT

So, about how much do homes cost in Colchester? The most recent median value of resident-owned homes in Colchester is 256,057. An estimated 76.8 percent of households in Colchester own their homes, with an average family size of 3.06. The median household income in Colchester is 105,281, with52.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Colchester, the median commute time of resident workers (in minutes) is 32.1. And last, but certainly not least, are you looking for homes to rent in Colchester? If so, the average rent price paid by renters in Colchester is 1,263, according to recent statistics.


Diversity And Demographics In Colchester, Connecticut

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 Colchester, 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 Colchester is 42.5, split between 50.5 percent male versus 49.5 female. The percentage of residents who report being married in Colchester is 55.2, with an average family size of 3.06.

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

White 92.5%
Black / African American 1.9%
Asian 2.3%
American Indian / Alaskan Native 0.4%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.8%
Other 1%

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

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

Under 10 9.9%
Aged 10-19 15.7%
20s 9.6%
30s 12.2%
40s 14.2%
50s 17.2%
60s 12.1%
70s 6.1%
80+ 2.9%

Best Schools In Colchester, Connecticut

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


Pros And Cons Of Living In Colchester, Connecticut

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

  • 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 Colchester.


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

Colchester, CT Foreclosures


Cancel

Listing types in Colchester, CT

These money-making opportunities can deliver huge savings on your next purchase.

Remember, we update our listings often so be sure to check back daily!

Foreclosure.com Advantages

Many listings on Foreclosure.com are not found anywhere else. Save thousands on incredible foreclosure deals in Colchester, CT. Save up to 62% with deals in Colchester, CT.

Nearby Zip Codes

Get NEW Foreclosure Listings sent to your inbox

Millions of people receive foreclosure alerts daily, don't miss out.

Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch.com 1999-2024. All Rights Reserved.