As-is Deals in Killingly, CT

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4 View this home at Boys Ave Killingly CT 06263
Boys Ave
Killingly, CT 06263
6 |
AUCTION: 04-17-2024
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Home Value Estimator For Killingly, CT

There are currently 393 real estate properties in Killingly, CT, with a median automated valuation model (AVM) price of $262,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Killingly, 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 Killingly, CT, is $279,477.00, with the most expensive house in Killingly, CT, topping out at $783,379.00 and the cheapest home in Killingly, CT, clocking in at $62,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Killingly, CT!

Rent Prices In Killingly, CT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Killingly, CT, is on a rollercoaster ride. The average rent price in Killingly, CT, is $1,323.00. Indeed, when looking to rent in Killingly, CT, you can expect to pay as little as $950.00 or as much as $1,900.00, with the average rent median estimated to be $1,310.00. The good news is that finding an affordable and desirable property to rent in Killingly, 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.

Top Reasons To Live In Killingly, CT In 2024

Killingly is located in Windham, Connecticut, with an estimated municipal population of 17,231 residents. All of the best foreclosed homes for sale in Killingly are located in the following zip code areas on 06241 06243 06263 06239 06233. The estimated population per square kilometer (.62 miles) in Killingly is 137.

Cost Of Living In Killingly, CT

So, about how much do homes cost in Killingly? The most recent median value of resident-owned homes in Killingly is 194,176. An estimated 66.9 percent of households in Killingly own their homes, with an average family size of 2.95. The median household income in Killingly is 62,550, with27.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Killingly, the median commute time of resident workers (in minutes) is 25. And last, but certainly not least, are you looking for homes to rent in Killingly? If so, the average rent price paid by renters in Killingly is 1,024, according to recent statistics.

Diversity And Demographics In Killingly, Connecticut

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 Killingly, 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 Killingly is 42.5, split between 47.5 percent male versus 52.5 female. The percentage of residents who report being married in Killingly is 48.6, with an average family size of 2.95.

The percentage of residents who report their race in Killingly is as follows:

White 90.8%
Black / African American 1.2%
Asian 2%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 5.4%
Other 0.5%

Looking for family-friendly neighborhoods in and/or near Killingly? Or maybe you are searching for 55+ active adult communities in and/or near Killingly?

The percentage of residents who report their age in Killingly is as follows:

Under 10 12.1%
Aged 10-19 10.1%
20s 11.2%
30s 13.8%
40s 12.3%
50s 16.9%
60s 12.5%
70s 7.3%
80+ 3.7%

Best Schools In Killingly, Connecticut

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 Killingly with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Killingly.

Pros And Cons Of Living In Killingly, Connecticut

How do you know that living in -- or moving to -- Killingly is right where you need to be? Perhaps you grew up in Killingly or already live nearby; therefore, the decision to buy a home in Killingly is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Killingly 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 Killingly:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Killingly.

Reasons To Move To Killingly, Connecticut, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Killingly can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Killingly, meanwhile, can field multiple offers from more qualified buyers.

Killingly, CT As-is Deals


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