There are currently 273 real estate properties in Merino, CO, with a median automated valuation model (AVM) price of $232,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Merino, 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 Merino, CO, is $299,828.00, with the most expensive house in Merino, CO, topping out at $4,056,800.00 and the cheapest home in Merino, CO, clocking in at $52,700.00. In other words, there’s something for every potential homebuyer or savvy investor in Merino, CO!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Merino, CO, is on a rollercoaster ride. The average rent price in Merino, CO, is $1,053.00. Indeed, when looking to rent in Merino, CO, you can expect to pay as little as $500.00 or as much as $3,380.00, with the average rent median estimated to be $990.00. The good news is that finding an affordable and desirable property to rent in Merino, 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 Merino, CO area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Merino, CO and much more. Save thousands at closing with home foreclosure listings in Merino, CO — up to 75% off market value!
Merino is located in Logan, Colorado, with an estimated municipal population of 281 residents. All of the best foreclosed homes for sale in Merino are located in the following zip code areas on Foreclosure.com: 80741. The estimated population per square kilometer (.62 miles) in Merino is 715.
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 Merino, 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 Merino is 28.5, split between 57.1 percent male versus 42.9 female. The percentage of residents who report being married in Merino is 44.1, with an average family size of 3.17.
The percentage of residents who report their race in Merino is as follows:
|Black / African American||0%|
|American Indian / Alaskan Native||3.9%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Merino? Or maybe you are searching for 55+ active adult communities in and/or near Merino?
The percentage of residents who report their age in Merino 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 Merino with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Merino.
How do you know that living in -- or moving to -- Merino is right where you need to be? Perhaps you grew up in Merino or already live nearby; therefore, the decision to buy a home in Merino is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Merino 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 Merino:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Merino.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Merino can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Merino, meanwhile, can field multiple offers from more qualified buyers.
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