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Foreclosure Homes in Colesville, MD

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Foreclosure Homes in Colesville, MD

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


Top Reasons To Live In Colesville, MD In 2021

Colesville is located in Montgomery, Maryland, with an estimated municipal population of 13,992 residents. All of the best foreclosed homes for sale in Colesville are located in the following zip code areas on Foreclosure.com: 20904 20914. The estimated population per square kilometer (.62 miles) in Colesville is 1,055.


Cost Of Living In Colesville, MD

So, about how much do homes cost in Colesville? The most recent median value of resident-owned homes in Colesville is 462,800. An estimated 90.3 percent of households in Colesville own their homes, with an average family size of 3.35. The median household income in Colesville is 125,497, with61.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Colesville, the median commute time of resident workers (in minutes) is 36.2. And last, but certainly not least, are you looking for homes to rent in Colesville? If so, the average rent price paid by renters in Colesville is 1,897, according to recent statistics.


Diversity And Demographics In Colesville, Maryland

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 Colesville, 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 Colesville is 50.5, split between 51 percent male versus 49 female. The percentage of residents who report being married in Colesville is 53, with an average family size of 3.35.

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

White 40%
Black / African American 29.4%
Asian 19.6%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0.2%
Multi-racial 5.1%
Other 5.7%

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

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

Under 10 8.8%
Aged 10-19 11.3%
20s 9.1%
30s 8.8%
40s 11.4%
50s 15.7%
60s 18.9%
70s 8%
80+ 8.2%

Best Schools In Colesville, Maryland

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


Pros And Cons Of Living In Colesville, Maryland

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

  • 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 Colesville.


Reasons To Move To Colesville, Maryland, In 2021

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

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