There are currently 10,212 real estate properties in Wheat Ridge, CO, with a median automated valuation model (AVM) price of $643,750.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wheat Ridge, 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 Wheat Ridge, CO, is $649,842.00, with the most expensive house in Wheat Ridge, CO, topping out at $9,104,124.00 and the cheapest home in Wheat Ridge, CO, clocking in at $59,647.00. In other words, there’s something for every potential homebuyer or savvy investor in Wheat Ridge, CO!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wheat Ridge, CO, is on a rollercoaster ride. The average rent price in Wheat Ridge, CO, is $1,847.00. Indeed, when looking to rent in Wheat Ridge, CO, you can expect to pay as little as $1,120.00 or as much as $2,860.00, with the average rent median estimated to be $1,870.00. The good news is that finding an affordable and desirable property to rent in Wheat Ridge, 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.
Wheat Ridge is located in Jefferson, Colorado, with an estimated municipal population of 31,324 residents. All of the best foreclosed homes for sale in Wheat Ridge are located in the following zip code areas on Foreclosure.com: 80033 80212 80214 80034. The estimated population per square kilometer (.62 miles) in Wheat Ridge is 1,294.
So, about how much do homes cost in Wheat Ridge? The most recent median value of resident-owned homes in Wheat Ridge is 384,096. An estimated 51.8 percent of households in Wheat Ridge own their homes, with an average family size of 2.84. The median household income in Wheat Ridge is 57,659, with25 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Wheat Ridge, the median commute time of resident workers (in minutes) is 25.2. And last, but certainly not least, are you looking for homes to rent in Wheat Ridge? If so, the average rent price paid by renters in Wheat Ridge is 1,104, 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 Wheat Ridge, 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 Wheat Ridge is 41.2, split between 48.7 percent male versus 51.3 female. The percentage of residents who report being married in Wheat Ridge is 44.5, with an average family size of 2.84.
The percentage of residents who report their race in Wheat Ridge is as follows:
White | 90.4% |
Black / African American | 1% |
Asian | 1.3% |
American Indian / Alaskan Native | 0.8% |
Native Hawaiian / Other Pacifc Islander | 0% |
Multi-racial | 4.1% |
Other | 2.4% |
Looking for family-friendly neighborhoods in and/or near Wheat Ridge? Or maybe you are searching for 55+ active adult communities in and/or near Wheat Ridge?
The percentage of residents who report their age in Wheat Ridge is as follows:
Under 10 | 11.4% |
Aged 10-19 | 8.2% |
20s | 13.5% |
30s | 15.1% |
40s | 11.8% |
50s | 12.9% |
60s | 12.7% |
70s | 7.7% |
80+ | 6.7% |
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 Wheat Ridge with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Wheat Ridge.
How do you know that living in -- or moving to -- Wheat Ridge is right where you need to be? Perhaps you grew up in Wheat Ridge or already live nearby; therefore, the decision to buy a home in Wheat Ridge is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Wheat Ridge 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 Wheat Ridge:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Wheat Ridge.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Wheat Ridge can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Wheat Ridge, meanwhile, can field multiple offers from more qualified buyers.
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