Glen Echo is located in Montgomery, Maryland, with an estimated municipal population of 270 residents. All of the best foreclosed homes for sale in Glen Echo are located in the following zip code areas on Foreclosure.com: 20812. The estimated population per square kilometer (.62 miles) in Glen Echo is 1,016.
So, about how much do homes cost in Glen Echo? The most recent median value of resident-owned homes in Glen Echo is 920,187. An estimated 90.1 percent of households in Glen Echo own their homes, with an average family size of 3.2. The median household income in Glen Echo is 211,875, with83.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Glen Echo, the median commute time of resident workers (in minutes) is 29.1. And last, but certainly not least, are you looking for homes to rent in Glen Echo? If so, the average rent price paid by renters in Glen Echo is 2,750, 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 Glen Echo, 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 Glen Echo is 39.6, split between 49.5 percent male versus 50.5 female. The percentage of residents who report being married in Glen Echo is 62.6, with an average family size of 3.2.
The percentage of residents who report their race in Glen Echo is as follows:
| White | 90% |
| Black / African American | 5.2% |
| Asian | 0.3% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 1.9% |
| Other | 2.6% |
Looking for family-friendly neighborhoods in and/or near Glen Echo? Or maybe you are searching for 55+ active adult communities in and/or near Glen Echo?
The percentage of residents who report their age in Glen Echo is as follows:
| Under 10 | 19.4% |
| Aged 10-19 | 16.2% |
| 20s | 5.8% |
| 30s | 9.7% |
| 40s | 13.9% |
| 50s | 13.3% |
| 60s | 10.7% |
| 70s | 8.1% |
| 80+ | 2.9% |
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 Glen Echo with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Glen Echo.
How do you know that living in -- or moving to -- Glen Echo is right where you need to be? Perhaps you grew up in Glen Echo or already live nearby; therefore, the decision to buy a home in Glen Echo is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Glen Echo 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 Glen Echo:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Glen Echo.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Glen Echo can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Glen Echo, meanwhile, can field multiple offers from more qualified buyers.
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