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Monrovia is located in Frederick, Maryland, with an estimated municipal population of 903 residents. All of the best foreclosed homes for sale in Monrovia are located in the following zip code areas on Foreclosure.com: 21770. The estimated population per square kilometer (.62 miles) in Monrovia is 155.
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 Monrovia, 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 Monrovia is 34.5, split between 57.4 percent male versus 42.6 female. The percentage of residents who report being married in Monrovia is 75.8, with an average family size of 3.41.
The percentage of residents who report their race in Monrovia is as follows:
| White | 71% |
| Black / African American | 21.3% |
| Asian | 4.1% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 3.7% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near Monrovia? Or maybe you are searching for 55+ active adult communities in and/or near Monrovia?
The percentage of residents who report their age in Monrovia is as follows:
| Under 10 | 17.3% |
| Aged 10-19 | 10.4% |
| 20s | 12.7% |
| 30s | 18.7% |
| 40s | 13% |
| 50s | 11.8% |
| 60s | 14.2% |
| 70s | 1.9% |
| 80+ | 0% |
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 Monrovia with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Monrovia.
How do you know that living in -- or moving to -- Monrovia is right where you need to be? Perhaps you grew up in Monrovia or already live nearby; therefore, the decision to buy a home in Monrovia is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Monrovia 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 Monrovia:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Monrovia.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Monrovia can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Monrovia, meanwhile, can field multiple offers from more qualified buyers.
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