There are currently 1,740 real estate properties in Parachute, CO, with a median automated valuation model (AVM) price of $263,200.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Parachute, 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 Parachute, CO, is $323,922.00, with the most expensive house in Parachute, CO, topping out at $6,788,200.00 and the cheapest home in Parachute, CO, clocking in at $24,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Parachute, CO!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Parachute, CO, is on a rollercoaster ride. The average rent price in Parachute, CO, is $1,375.00. Indeed, when looking to rent in Parachute, CO, you can expect to pay as little as $640.00 or as much as $4,300.00, with the average rent median estimated to be $1,420.00. The good news is that finding an affordable and desirable property to rent in Parachute, 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 Parachute, CO area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Parachute, CO and much more. Save thousands at closing with home foreclosure listings in Parachute, CO — up to 75% off market value!
Parachute is located in Garfield, Colorado, with an estimated municipal population of 1,116 residents. All of the best foreclosed homes for sale in Parachute are located in the following zip code areas on Foreclosure.com: 81635. The estimated population per square kilometer (.62 miles) in Parachute is 270.
So, about how much do homes cost in Parachute? The most recent median value of resident-owned homes in Parachute is 170,407. An estimated 51.4 percent of households in Parachute own their homes, with an average family size of 3.28. The median household income in Parachute is 52,500, with5.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Parachute, the median commute time of resident workers (in minutes) is 31.2. And last, but certainly not least, are you looking for homes to rent in Parachute? If so, the average rent price paid by renters in Parachute is 900, 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 Parachute, 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 Parachute is 32.8, split between 52.5 percent male versus 47.5 female. The percentage of residents who report being married in Parachute is 46.7, with an average family size of 3.28.
The percentage of residents who report their race in Parachute is as follows:
|Black / African American||2.4%|
|American Indian / Alaskan Native||6.2%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Parachute? Or maybe you are searching for 55+ active adult communities in and/or near Parachute?
The percentage of residents who report their age in Parachute 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 Parachute with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Parachute.
How do you know that living in -- or moving to -- Parachute is right where you need to be? Perhaps you grew up in Parachute or already live nearby; therefore, the decision to buy a home in Parachute is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Parachute 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 Parachute:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Parachute.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Parachute can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Parachute, meanwhile, can field multiple offers from more qualified buyers.