There are currently 33,074 real estate properties in Garden Grove, CA, with a median automated valuation model (AVM) price of $704,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Garden Grove, CA, 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 Garden Grove, CA, is $742,086.00, with the most expensive house in Garden Grove, CA, topping out at $14,294,300.00 and the cheapest home in Garden Grove, CA, clocking in at $89,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Garden Grove, CA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Garden Grove, CA, is on a rollercoaster ride. The average rent price in Garden Grove, CA, is $2,383.00. Indeed, when looking to rent in Garden Grove, CA, you can expect to pay as little as $1,200.00 or as much as $5,000.00, with the average rent median estimated to be $2,370.00. The good news is that finding an affordable and desirable property to rent in Garden Grove, CA -- 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 Garden Grove, CA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Garden Grove, CA and much more. Save thousands at closing with home foreclosure listings in Garden Grove, CA — up to 75% off market value!
Garden Grove is located in Orange, California, with an estimated municipal population of 171,644 residents. All of the best foreclosed homes for sale in Garden Grove are located in the following zip code areas on Foreclosure.com: 92844 92843 92840 92841 92845 92842 92846. The estimated population per square kilometer (.62 miles) in Garden Grove is 3,690.
So, about how much do homes cost in Garden Grove? The most recent median value of resident-owned homes in Garden Grove is 553,647. An estimated 53.2 percent of households in Garden Grove own their homes, with an average family size of 3.94. The median household income in Garden Grove is 69,278, with31.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Garden Grove, the median commute time of resident workers (in minutes) is 28.9. And last, but certainly not least, are you looking for homes to rent in Garden Grove? If so, the average rent price paid by renters in Garden Grove is 1,590, 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 Garden Grove, 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 Garden Grove is 38.5, split between 49.8 percent male versus 50.2 female. The percentage of residents who report being married in Garden Grove is 48, with an average family size of 3.94.
The percentage of residents who report their race in Garden Grove is as follows:
|Black / African American||1%|
|American Indian / Alaskan Native||0.5%|
|Native Hawaiian / Other Pacifc Islander||0.3%|
Looking for family-friendly neighborhoods in and/or near Garden Grove? Or maybe you are searching for 55+ active adult communities in and/or near Garden Grove?
The percentage of residents who report their age in Garden Grove 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 Garden Grove with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Garden Grove.
How do you know that living in -- or moving to -- Garden Grove is right where you need to be? Perhaps you grew up in Garden Grove or already live nearby; therefore, the decision to buy a home in Garden Grove is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Garden Grove 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 Garden Grove:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Garden Grove.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Garden Grove can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Garden Grove, meanwhile, can field multiple offers from more qualified buyers.
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