There are currently 768 real estate properties in Limon, CO, with a median automated valuation model (AVM) price of $192,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Limon, 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 Limon, CO, is $221,065.00, with the most expensive house in Limon, CO, topping out at $2,956,300.00 and the cheapest home in Limon, CO, clocking in at $47,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Limon, CO!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Limon, CO, is on a rollercoaster ride. The average rent price in Limon, CO, is $1,037.00. Indeed, when looking to rent in Limon, CO, you can expect to pay as little as $530.00 or as much as $1,990.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Limon, 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 Limon, CO area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Limon, CO and much more. Save thousands at closing with home foreclosure listings in Limon, CO — up to 75% off market value!
Limon is located in Lincoln, Colorado, with an estimated municipal population of 1,952 residents. All of the best foreclosed homes for sale in Limon are located in the following zip code areas on Foreclosure.com: 80828 80826. The estimated population per square kilometer (.62 miles) in Limon is 238.
So, about how much do homes cost in Limon? The most recent median value of resident-owned homes in Limon is 135,296. An estimated 55.7 percent of households in Limon own their homes, with an average family size of 2.47. The median household income in Limon is 40,694, with15.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Limon, the median commute time of resident workers (in minutes) is 11.3. And last, but certainly not least, are you looking for homes to rent in Limon? If so, the average rent price paid by renters in Limon is 807, 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 Limon, 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 Limon is 49.7, split between 40.3 percent male versus 59.7 female. The percentage of residents who report being married in Limon is 49.5, with an average family size of 2.47.
The percentage of residents who report their race in Limon is as follows:
|Black / African American||0%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||1.2%|
Looking for family-friendly neighborhoods in and/or near Limon? Or maybe you are searching for 55+ active adult communities in and/or near Limon?
The percentage of residents who report their age in Limon 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 Limon with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Limon.
How do you know that living in -- or moving to -- Limon is right where you need to be? Perhaps you grew up in Limon or already live nearby; therefore, the decision to buy a home in Limon is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Limon 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 Limon:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Limon.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Limon can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Limon, meanwhile, can field multiple offers from more qualified buyers.