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Cold Spring is located in Putnam, New York, with an estimated municipal population of 1,947 residents. All of the best foreclosed homes for sale in Cold Spring are located in the following zip code areas on Foreclosure.com: 10516. The estimated population per square kilometer (.62 miles) in Cold Spring is 1,266.
So, about how much do homes cost in Cold Spring? The most recent median value of resident-owned homes in Cold Spring is 484,581. An estimated 61.9 percent of households in Cold Spring own their homes, with an average family size of 3. The median household income in Cold Spring is 98,056, with49.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Cold Spring, the median commute time of resident workers (in minutes) is 56.5. And last, but certainly not least, are you looking for homes to rent in Cold Spring? If so, the average rent price paid by renters in Cold Spring is 1,445, 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 Cold Spring, 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 Cold Spring is 47.1, split between 46 percent male versus 54 female. The percentage of residents who report being married in Cold Spring is 49.8, with an average family size of 3.
The percentage of residents who report their race in Cold Spring is as follows:
| White | 95.5% |
| Black / African American | 0.6% |
| Asian | 1.8% |
| American Indian / Alaskan Native | 1% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 1% |
| Other | 0.2% |
Looking for family-friendly neighborhoods in and/or near Cold Spring? Or maybe you are searching for 55+ active adult communities in and/or near Cold Spring?
The percentage of residents who report their age in Cold Spring is as follows:
| Under 10 | 11.5% |
| Aged 10-19 | 10.5% |
| 20s | 7.4% |
| 30s | 8.4% |
| 40s | 19.5% |
| 50s | 12.9% |
| 60s | 15.4% |
| 70s | 10.6% |
| 80+ | 3.7% |
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 Cold Spring with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Cold Spring.
How do you know that living in -- or moving to -- Cold Spring is right where you need to be? Perhaps you grew up in Cold Spring or already live nearby; therefore, the decision to buy a home in Cold Spring is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Cold Spring 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 Cold Spring:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Cold Spring.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Cold Spring can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Cold Spring, meanwhile, can field multiple offers from more qualified buyers.
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