There are currently 2,177 real estate properties in Cos Cob, CT, with a median automated valuation model (AVM) price of $1,576,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cos Cob, 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 Cos Cob, CT, is $1,729,948.00, with the most expensive house in Cos Cob, CT, topping out at $7,886,500.00 and the cheapest home in Cos Cob, CT, clocking in at $140,668.00. In other words, there’s something for every potential homebuyer or savvy investor in Cos Cob, CT!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cos Cob, CT, is on a rollercoaster ride. The average rent price in Cos Cob, CT, is $3,970.00. Indeed, when looking to rent in Cos Cob, CT, you can expect to pay as little as $1,760.00 or as much as $5,980.00, with the average rent median estimated to be $3,920.00. The good news is that finding an affordable and desirable property to rent in Cos Cob, 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.
Cos Cob is located in Fairfield, Connecticut, with an estimated municipal population of 6,990 residents. All of the best foreclosed homes for sale in Cos Cob are located in the following zip code areas on Foreclosure.com: 06807. The estimated population per square kilometer (.62 miles) in Cos Cob is 1,299.
So, about how much do homes cost in Cos Cob? The most recent median value of resident-owned homes in Cos Cob is 1,055,579. An estimated 68.5 percent of households in Cos Cob own their homes, with an average family size of 3.2. The median household income in Cos Cob is 149,375, with63.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Cos Cob, the median commute time of resident workers (in minutes) is 34.3. And last, but certainly not least, are you looking for homes to rent in Cos Cob? If so, the average rent price paid by renters in Cos Cob is 1,979, 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 Cos Cob, 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 Cos Cob is 42.8, split between 48.5 percent male versus 51.5 female. The percentage of residents who report being married in Cos Cob is 53.7, with an average family size of 3.2.
The percentage of residents who report their race in Cos Cob is as follows:
|Black / African American
|American Indian / Alaskan Native
|Native Hawaiian / Other Pacifc Islander
Looking for family-friendly neighborhoods in and/or near Cos Cob? Or maybe you are searching for 55+ active adult communities in and/or near Cos Cob?
The percentage of residents who report their age in Cos Cob 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 Cos Cob with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Cos Cob.
How do you know that living in -- or moving to -- Cos Cob is right where you need to be? Perhaps you grew up in Cos Cob or already live nearby; therefore, the decision to buy a home in Cos Cob is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Cos Cob 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 Cos Cob:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Cos Cob.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Cos Cob can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Cos Cob, meanwhile, can field multiple offers from more qualified buyers.
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