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Foreclosure Homes in Torrington, WY

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View this home at E I St Torrington WY 82240
Preforeclosure
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$287,645 EMV
E I St
Torrington, WY 82240
Single-Family
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3 |
1
|
1,572
EST. RENT: $1,121
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AUCTION: 03-22-2024
Single-Family
|
3 |
1
|
1,572
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Torrington, WY Foreclosures

How much do homes sell for in Torrington, WY?
The average home price is currently $253,842.
In Torrington, WY, how many homes are available?
There are currently 3,865 active home listings available in Torrington.
Whatโ€™s the average rental cost in Torrington, WY?
The average rental price in Torrington is $814.
What is the most expensive home in Torrington, Wyoming?
The most expensive home sold in Torrington had a price of $3,170,500.
What is currently the cheapest priced home in Torrington, WY?
The cheapest home for sale in Torrington is priced at $19,800.

Home Value Estimator For Torrington, WY

There are currently 3,865 real estate properties in Torrington, WY, with a median automated valuation model (AVM) price of $214,288.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Torrington, WY, 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 homeโ€™s value ahead of the negotiation process. For example, the average home price in Torrington, WY, is $253,842.00, with the most expensive house in Torrington, WY, topping out at $3,170,500.00 and the cheapest home in Torrington, WY, clocking in at $19,800.00. In other words, thereโ€™s something for every potential homebuyer or savvy investor in Torrington, WY!


Rent Prices In Torrington, WY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Torrington, WY, is on a rollercoaster ride. The average rent price in Torrington, WY, is $814.00. Indeed, when looking to rent in Torrington, WY, you can expect to pay as little as $420.00 or as much as $1,480.00, with the average rent median estimated to be $790.00. The good news is that finding an affordable and desirable property to rent in Torrington, WY -- whether itโ€™s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In Torrington, WY In 2024

Torrington is located in Goshen, Wyoming, with an estimated municipal population of 6,624 residents. All of the best foreclosed homes for sale in Torrington are located in the following zip code areas on Foreclosure.com: 82240. The estimated population per square kilometer (.62 miles) in Torrington is 552.


Cost Of Living In Torrington, WY

So, about how much do homes cost in Torrington? The most recent median value of resident-owned homes in Torrington is 149,318. An estimated 65 percent of households in Torrington own their homes, with an average family size of 2.88. The median household income in Torrington is 51,818, with16.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Torrington, the median commute time of resident workers (in minutes) is 11.5. And last, but certainly not least, are you looking for homes to rent in Torrington? If so, the average rent price paid by renters in Torrington is 694, according to recent statistics.


Diversity And Demographics In Torrington, Wyoming

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 Torrington, 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 Torrington is 39.5, split between 50.2 percent male versus 49.8 female. The percentage of residents who report being married in Torrington is 49.2, with an average family size of 2.88.

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

White 92.1%
Black / African American 0.1%
Asian 0.9%
American Indian / Alaskan Native 1.3%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.4%
Other 4.1%

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

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

Under 10 9.4%
Aged 10-19 15.3%
20s 13.9%
30s 12%
40s 11.1%
50s 14.4%
60s 9.7%
70s 8.1%
80+ 6%

Best Schools In Torrington, Wyoming

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


Pros And Cons Of Living In Torrington, Wyoming

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

  • 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 โ€œPros vs. Consโ€ list of what you need in a home and/or neighborhood like Torrington.


Reasons To Move To Torrington, Wyoming, In 2024

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

Torrington, WY Foreclosures


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