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There are currently 84 real estate properties in Montezuma, CO, with a median automated valuation model (AVM) price of $801,757.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Montezuma, 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 Montezuma, CO, is $1,058,893.00, with the most expensive house in Montezuma, CO, topping out at $5,480,188.00 and the cheapest home in Montezuma, CO, clocking in at $121,800.00. In other words, there’s something for every potential homebuyer or savvy investor in Montezuma, CO!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Montezuma, CO, is on a rollercoaster ride. The average rent price in Montezuma, CO, is $2,337.00. Indeed, when looking to rent in Montezuma, CO, you can expect to pay as little as $1,180.00 or as much as $5,540.00, with the average rent median estimated to be $1,940.00. The good news is that finding an affordable and desirable property to rent in Montezuma, 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.
Montezuma is located in Summit, Colorado, with an estimated municipal population of 74 residents. All of the best foreclosed homes for sale in Montezuma are located in the following zip code areas on Foreclosure.com: 80435. The estimated population per square kilometer (.62 miles) in Montezuma is 356.
So, about how much do homes cost in Montezuma? The most recent median value of resident-owned homes in Montezuma is 600,000. An estimated 42.9 percent of households in Montezuma own their homes, with an average family size of 3.43. For working parents and professionals who are searching for cheap homes in Montezuma, the median commute time of resident workers (in minutes) is 19.4. And last, but certainly not least, are you looking for homes to rent in Montezuma? If so, the average rent price paid by renters in Montezuma is 1,354, 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 Montezuma, 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 Montezuma is 31.5, split between 74.4 percent male versus 25.6 female. The percentage of residents who report being married in Montezuma is 38.4, with an average family size of 3.43.
The percentage of residents who report their race in Montezuma is as follows:
| White | 100% |
| Black / African American | 0% |
| Asian | 0% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 0% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near Montezuma? Or maybe you are searching for 55+ active adult communities in and/or near Montezuma?
The percentage of residents who report their age in Montezuma is as follows:
| Under 10 | 4.4% |
| Aged 10-19 | 18.8% |
| 20s | 12.2% |
| 30s | 27.8% |
| 40s | 2.2% |
| 50s | 30% |
| 60s | 1.1% |
| 70s | 2.2% |
| 80+ | 1.1% |
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 Montezuma with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Montezuma.
How do you know that living in -- or moving to -- Montezuma is right where you need to be? Perhaps you grew up in Montezuma or already live nearby; therefore, the decision to buy a home in Montezuma is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Montezuma 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 Montezuma:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Montezuma.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Montezuma can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Montezuma, meanwhile, can field multiple offers from more qualified buyers.
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