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Foreclosure Homes in Montville, CT

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Club-house-cir-Montville-CT-06370
Foreclosure

2 Bed | 1.5 Bath | 468 Sq. Ft.

Route-163-Montville-CT-06353
Bankruptcy
$116,900 EMV
Route-163-Montville-CT-06353
Bankruptcy
$187,572 EMV
1 2496-route-32-Montville-CT-
Preforeclosure
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Home Value Estimator For Montville, CT

There are currently 243 real estate properties in Montville, CT, with a median automated valuation model (AVM) price of $223,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Montville, 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 Montville, CT, is $238,389.00, with the most expensive house in Montville, CT, topping out at $691,300.00 and the cheapest home in Montville, CT, clocking in at $94,200.00. In other words, there’s something for every potential homebuyer or savvy investor in Montville, CT!


Rent Prices In Montville, CT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Montville, CT, is on a rollercoaster ride. The average rent price in Montville, CT, is $1,475.00. Indeed, when looking to rent in Montville, CT, you can expect to pay as little as $1,070.00 or as much as $3,050.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in Montville, 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.


Foreclosure Homes in Montville, CT

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Montville, CT area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Montville, CT and much more. Save thousands at closing with home foreclosure listings in Montville, CT — up to 75% off market value!


Top Reasons To Live In Montville, CT In 2022

Montville is located in New London, Connecticut, with an estimated municipal population of 18,835 residents. All of the best foreclosed homes for sale in Montville are located in the following zip code areas on Foreclosure.com: 06370 06353 06382. The estimated population per square kilometer (.62 miles) in Montville is 173.


Cost Of Living In Montville, CT

So, about how much do homes cost in Montville? The most recent median value of resident-owned homes in Montville is 201,875. An estimated 80.7 percent of households in Montville own their homes, with an average family size of 2.85. The median household income in Montville is 74,106, with34.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Montville, the median commute time of resident workers (in minutes) is 24.4. And last, but certainly not least, are you looking for homes to rent in Montville? If so, the average rent price paid by renters in Montville is 1,112, according to recent statistics.


Diversity And Demographics In Montville, 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 Montville, 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 Montville is 43.7, split between 55 percent male versus 45 female. The percentage of residents who report being married in Montville is 47.4, with an average family size of 2.85.

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

White 77.6%
Black / African American 6.3%
Asian 4.8%
American Indian / Alaskan Native 1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 5.4%
Other 5%

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

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

Under 10 7.9%
Aged 10-19 9.8%
20s 14.3%
30s 13.6%
40s 12.3%
50s 17.6%
60s 12%
70s 8%
80+ 4.6%

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


Pros And Cons Of Living In Montville, Connecticut

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

  • 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 Montville.


Reasons To Move To Montville, Connecticut, In 2022

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

Montville, CT Foreclosures


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