Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Paramount, CA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Paramount, CA and much more. Save thousands at closing with home foreclosure listings in Paramount, CA — up to 75% off market value!
Paramount is located in Los Angeles, California, with an estimated municipal population of 53,955 residents. All of the best foreclosed homes for sale in Paramount are located in the following zip code areas on Foreclosure.com: 90723. The estimated population per square kilometer (.62 miles) in Paramount is 4,405.
So, about how much do homes cost in Paramount? The most recent median value of resident-owned homes in Paramount is 332,402. An estimated 41 percent of households in Paramount own their homes, with an average family size of 4.21. The median household income in Paramount is 55,670, with16.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Paramount, the median commute time of resident workers (in minutes) is 29.2. And last, but certainly not least, are you looking for homes to rent in Paramount? If so, the average rent price paid by renters in Paramount is 1,388, 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 Paramount, 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 Paramount is 30.9, split between 50.4 percent male versus 49.6 female. The percentage of residents who report being married in Paramount is 39.9, with an average family size of 4.21.
The percentage of residents who report their race in Paramount is as follows:
|Black / African American||9.1%|
|American Indian / Alaskan Native||0.4%|
|Native Hawaiian / Other Pacifc Islander||0.7%|
Looking for family-friendly neighborhoods in and/or near Paramount? Or maybe you are searching for 55+ active adult communities in and/or near Paramount?
The percentage of residents who report their age in Paramount 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 Paramount with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Paramount.
How do you know that living in -- or moving to -- Paramount is right where you need to be? Perhaps you grew up in Paramount or already live nearby; therefore, the decision to buy a home in Paramount is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Paramount 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 Paramount:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Paramount.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Paramount can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Paramount, meanwhile, can field multiple offers from more qualified buyers.