There are currently 3,929 real estate properties in Federal Heights, CO, with a median automated valuation model (AVM) price of $243,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Federal Heights, 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 Federal Heights, CO, is $270,056.00, with the most expensive house in Federal Heights, CO, topping out at $2,594,418.00 and the cheapest home in Federal Heights, CO, clocking in at $55,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Federal Heights, CO!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Federal Heights, CO, is on a rollercoaster ride. The average rent price in Federal Heights, CO, is $1,302.00. Indeed, when looking to rent in Federal Heights, CO, you can expect to pay as little as $780.00 or as much as $2,870.00, with the average rent median estimated to be $1,290.00. The good news is that finding an affordable and desirable property to rent in Federal Heights, 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.
Federal Heights is located in Adams, Colorado, with an estimated municipal population of 12,827 residents. All of the best foreclosed homes for sale in Federal Heights are located in the following zip code areas on Foreclosure.com: 80260. The estimated population per square kilometer (.62 miles) in Federal Heights is 2,788.
So, about how much do homes cost in Federal Heights? The most recent median value of resident-owned homes in Federal Heights is 119,063. An estimated 52.5 percent of households in Federal Heights own their homes, with an average family size of 3.62. The median household income in Federal Heights is 45,395, with14 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Federal Heights, 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 Federal Heights? If so, the average rent price paid by renters in Federal Heights is 1,206, 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 Federal Heights, 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 Federal Heights is 30.8, split between 48.3 percent male versus 51.7 female. The percentage of residents who report being married in Federal Heights is 40.6, with an average family size of 3.62.
The percentage of residents who report their race in Federal Heights is as follows:
|Black / African American
|American Indian / Alaskan Native
|Native Hawaiian / Other Pacifc Islander
Looking for family-friendly neighborhoods in and/or near Federal Heights? Or maybe you are searching for 55+ active adult communities in and/or near Federal Heights?
The percentage of residents who report their age in Federal Heights 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 Federal Heights with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Federal Heights.
How do you know that living in -- or moving to -- Federal Heights is right where you need to be? Perhaps you grew up in Federal Heights or already live nearby; therefore, the decision to buy a home in Federal Heights is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Federal Heights 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 Federal Heights:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Federal Heights.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Federal Heights can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Federal Heights, meanwhile, can field multiple offers from more qualified buyers.
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