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Foreclosure Homes in Cottage City, MD

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Foreclosure Homes in Cottage City, MD

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Cottage City, MD area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Cottage City, MD and much more. Save thousands at closing with home foreclosure listings in Cottage City, MD — up to 75% off market value!


Top Reasons To Live In Cottage City, MD In 2021

Cottage City is located in Prince George's, Maryland, with an estimated municipal population of 1,356 residents. All of the best foreclosed homes for sale in Cottage City are located in the following zip code areas on Foreclosure.com: 20722 20781. The estimated population per square kilometer (.62 miles) in Cottage City is 1,923.


Cost Of Living In Cottage City, MD

So, about how much do homes cost in Cottage City? The most recent median value of resident-owned homes in Cottage City is 236,650. An estimated 65 percent of households in Cottage City own their homes, with an average family size of 3.93. The median household income in Cottage City is 67,292, with21.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Cottage City, the median commute time of resident workers (in minutes) is 38.9.


Diversity And Demographics In Cottage City, Maryland

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 Cottage 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 Cottage City is 45.3, split between 50.4 percent male versus 49.6 female. The percentage of residents who report being married in Cottage City is 46.9, with an average family size of 3.93.

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

White 20.5%
Black / African American 36.2%
Asian 5.4%
American Indian / Alaskan Native 1.6%
Native Hawaiian / Other Pacifc Islander 1.4%
Multi-racial 4.8%
Other 30.1%

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

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

Under 10 13.1%
Aged 10-19 11%
20s 8.6%
30s 13%
40s 12.9%
50s 17.6%
60s 15.1%
70s 4.2%
80+ 4.3%

Best Schools In Cottage City, Maryland

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


Pros And Cons Of Living In Cottage City, Maryland

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

  • 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 Cottage City.


Reasons To Move To Cottage City, Maryland, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Cottage City can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Cottage City, meanwhile, can field multiple offers from more qualified buyers.

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