There are currently 14,428 real estate properties in Commerce City, CO, with a median automated valuation model (AVM) price of $403,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Commerce City, 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 Commerce City, CO, is $423,735.00, with the most expensive house in Commerce City, CO, topping out at $3,850,000.00 and the cheapest home in Commerce City, CO, clocking in at $163,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Commerce City, CO!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Commerce City, CO, is on a rollercoaster ride. The average rent price in Commerce City, CO, is $1,489.00. Indeed, when looking to rent in Commerce City, CO, you can expect to pay as little as $1,110.00 or as much as $2,390.00, with the average rent median estimated to be $1,490.00. The good news is that finding an affordable and desirable property to rent in Commerce City, 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 Commerce City, CO area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Commerce City, CO and much more. Save thousands at closing with home foreclosure listings in Commerce City, CO — up to 75% off market value!
Commerce City is located in Adams, Colorado, with an estimated municipal population of 60,336 residents. All of the best foreclosed homes for sale in Commerce City are located in the following zip code areas on Foreclosure.com: 80640 80022 80037. The estimated population per square kilometer (.62 miles) in Commerce City is 652.
So, about how much do homes cost in Commerce City? The most recent median value of resident-owned homes in Commerce City is 315,881. An estimated 74 percent of households in Commerce City own their homes, with an average family size of 3.84. The median household income in Commerce City is 77,065, with36.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Commerce City, the median commute time of resident workers (in minutes) is 30.3. And last, but certainly not least, are you looking for homes to rent in Commerce City? If so, the average rent price paid by renters in Commerce City is 1,286, 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 Commerce City, 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 Commerce City is 31.6, split between 50.1 percent male versus 49.9 female. The percentage of residents who report being married in Commerce City is 53.8, with an average family size of 3.84.
The percentage of residents who report their race in Commerce City is as follows:
|Black / African American||4.4%|
|American Indian / Alaskan Native||0.9%|
|Native Hawaiian / Other Pacifc Islander||0.1%|
Looking for family-friendly neighborhoods in and/or near Commerce City? Or maybe you are searching for 55+ active adult communities in and/or near Commerce City?
The percentage of residents who report their age in Commerce City 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 Commerce City with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Commerce City.
How do you know that living in -- or moving to -- Commerce City is right where you need to be? Perhaps you grew up in Commerce City or already live nearby; therefore, the decision to buy a home in Commerce City is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Commerce City 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 Commerce City:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Commerce City.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Commerce City can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Commerce City, meanwhile, can field multiple offers from more qualified buyers.