There are currently 220,095 real estate properties in Denver, CO, with a median automated valuation model (AVM) price of $569,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Denver, 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 Denver, CO, is $702,216.00, with the most expensive house in Denver, CO, topping out at $99,287,200.00 and the cheapest home in Denver, CO, clocking in at $37,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Denver, CO!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Denver, CO, is on a rollercoaster ride. The average rent price in Denver, CO, is $1,775.00. Indeed, when looking to rent in Denver, CO, you can expect to pay as little as $570.00 or as much as $4,910.00, with the average rent median estimated to be $1,720.00. The good news is that finding an affordable and desirable property to rent in Denver, 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 Denver, CO area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Denver, CO and much more. Save thousands at closing with home foreclosure listings in Denver, CO — up to 75% off market value!
Denver is located in Denver, Colorado, with an estimated municipal population of 727,211 residents. All of the best foreclosed homes for sale in Denver are located in the following zip code areas on Foreclosure.com: 80264 80230 80231 80236 80237 80235 80238 80239 80123 80249 80247 80246 80290 80293 80294 80218 80219 80210 80211 80212 80216 80221 80220 80223 80222 80224 80227 80209 80207 80206 80205 80204 80202 80014 80203 80208 80217 80243 80244 80248 80250 80256 80257 80259 80261 80262 80265 80266 80271 80273 80274 80281 80291 80299. The estimated population per square kilometer (.62 miles) in Denver is 1,831.
So, about how much do homes cost in Denver? The most recent median value of resident-owned homes in Denver is 390,553. An estimated 49.9 percent of households in Denver own their homes, with an average family size of 3.17. The median household income in Denver is 68,592, with33.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Denver, the median commute time of resident workers (in minutes) is 25.9. And last, but certainly not least, are you looking for homes to rent in Denver? If so, the average rent price paid by renters in Denver is 1,311, 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 Denver, 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 Denver is 34.5, split between 50.1 percent male versus 49.9 female. The percentage of residents who report being married in Denver is 39.5, with an average family size of 3.17.
The percentage of residents who report their race in Denver is as follows:
|Black / African American||9.2%|
|American Indian / Alaskan Native||0.9%|
|Native Hawaiian / Other Pacifc Islander||0.2%|
Looking for family-friendly neighborhoods in and/or near Denver? Or maybe you are searching for 55+ active adult communities in and/or near Denver?
The percentage of residents who report their age in Denver 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 Denver with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Denver.
How do you know that living in -- or moving to -- Denver is right where you need to be? Perhaps you grew up in Denver or already live nearby; therefore, the decision to buy a home in Denver is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Denver 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 Denver:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Denver.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Denver can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Denver, meanwhile, can field multiple offers from more qualified buyers.
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