There are currently 23,845 real estate properties in Danbury, CT, with a median automated valuation model (AVM) price of $342,700.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Danbury, 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 Danbury, CT, is $348,715.00, with the most expensive house in Danbury, CT, topping out at $13,712,800.00 and the cheapest home in Danbury, CT, clocking in at $40,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Danbury, CT!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Danbury, CT, is on a rollercoaster ride. The average rent price in Danbury, CT, is $2,018.00. Indeed, when looking to rent in Danbury, CT, you can expect to pay as little as $960.00 or as much as $5,840.00, with the average rent median estimated to be $2,000.00. The good news is that finding an affordable and desirable property to rent in Danbury, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Danbury, CT area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Danbury, CT and much more. Save thousands at closing with home foreclosure listings in Danbury, CT — up to 75% off market value!
Danbury is located in Fairfield, Connecticut, with an estimated municipal population of 84,694 residents. All of the best foreclosed homes for sale in Danbury are located in the following zip code areas on Foreclosure.com: 06810 06811 06813. The estimated population per square kilometer (.62 miles) in Danbury is 779.
So, about how much do homes cost in Danbury? The most recent median value of resident-owned homes in Danbury is 300,294. An estimated 58 percent of households in Danbury own their homes, with an average family size of 3.32. The median household income in Danbury is 73,297, with34.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Danbury, the median commute time of resident workers (in minutes) is 28.6. And last, but certainly not least, are you looking for homes to rent in Danbury? If so, the average rent price paid by renters in Danbury is 1,466, 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 Danbury, 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 Danbury is 38.3, split between 50.4 percent male versus 49.6 female. The percentage of residents who report being married in Danbury is 45.6, with an average family size of 3.32.
The percentage of residents who report their race in Danbury is as follows:
|Black / African American||10.4%|
|American Indian / Alaskan Native||0.3%|
|Native Hawaiian / Other Pacifc Islander||0.1%|
Looking for family-friendly neighborhoods in and/or near Danbury? Or maybe you are searching for 55+ active adult communities in and/or near Danbury?
The percentage of residents who report their age in Danbury 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 Danbury with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Danbury.
How do you know that living in -- or moving to -- Danbury is right where you need to be? Perhaps you grew up in Danbury or already live nearby; therefore, the decision to buy a home in Danbury is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Danbury 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 Danbury:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Danbury.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Danbury can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Danbury, meanwhile, can field multiple offers from more qualified buyers.