Foreclosure Homes in Colwyn, PA

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View this home at Ellis Ave Colwyn PA 19023
Ellis Ave
Colwyn, PA 19023
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AUCTION: 04-19-2024
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Top Reasons To Live In Colwyn, PA In 2024

Colwyn is located in Delaware, Pennsylvania, with an estimated municipal population of 2,551 residents. All of the best foreclosed homes for sale in Colwyn are located in the following zip code areas on 19023. The estimated population per square kilometer (.62 miles) in Colwyn is 3,810.

Cost Of Living In Colwyn, PA

So, about how much do homes cost in Colwyn? The most recent median value of resident-owned homes in Colwyn is 74,116. An estimated 55.8 percent of households in Colwyn own their homes, with an average family size of 3.92. The median household income in Colwyn is 49,738, with10.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Colwyn, the median commute time of resident workers (in minutes) is 39.5. And last, but certainly not least, are you looking for homes to rent in Colwyn? If so, the average rent price paid by renters in Colwyn is 1,059, according to recent statistics.

Diversity And Demographics In Colwyn, Pennsylvania

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 Colwyn, 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 Colwyn is 30, split between 45.4 percent male versus 54.6 female. The percentage of residents who report being married in Colwyn is 28.7, with an average family size of 3.92.

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

White 10.3%
Black / African American 87.2%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.7%
Other 1.7%

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

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

Under 10 15.3%
Aged 10-19 21.7%
20s 13%
30s 15%
40s 7.7%
50s 16%
60s 7.1%
70s 2.8%
80+ 1.4%

Best Schools In Colwyn, Pennsylvania

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

Pros And Cons Of Living In Colwyn, Pennsylvania

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

  • 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 Colwyn.

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

Colwyn, PA Foreclosures


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