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Our Colorado Springs foreclosure listings posted on this page will include pre-foreclosures, short sales, sheriff sales and bank foreclosure homes. All of our Colorado Springs foreclosure homes for sale will include price, square footage, property address, home owner's name and contact information, number of bedrooms and baths. Colorado Springs foreclosed homes can be excellent deals for home buyers and investors. If you're willing to do some work, you can gain thousands of dollars in instant equity by buying a foreclosed, REO, bank-owned, short sale, or Fannie Mae/Freddie Mac investment property.
This map is refreshed with the newest listings in Colorado Springs every 15 minutes. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Annual festivals and events that are growing in popularity and attract many locals and tourists alike.
Redfin Real Estate AgentsServing Foreclosures in Colorado Springs
About 59% of the populous own the home they live in, leaving the remaining 41% as renters. The high school graduation rate is 93.3%, and 39% have obtained a bachelor's degree. The working class, 16 years and older, makes up 64.2% of the population. The income per capita is $32,539, and 12.6% of persons are living in poverty.
Search foreclosed homes for sale, learn the homes foreclosure details and find your dream home in Colorado Springs, CO. Colorado Springs, CO foreclosure home listings and Colorado Springs foreclosed homes for sale are some of the best deals you will find. Redfin has a local office at 1755 Telstar Dr Suite 300, Colorado Springs, CO 80920. The nations leaders in online real estate foreclosure listings information delivery. Pre-foreclosures usually aren't listed for sale and normally sell below market value, so they can be great real estate deals. You may be interested in single family homes, condos, townhomes, farms, land, mobile homes, or new construction homes for sale.
Related Searches in Colorado Springs
This page is updated every 15 minutes with the most recent foreclosure listings from our local MLS. We have an extensive number of options for bank owned homes in Colorado Springs, but besides the name Bank Foreclosures Sale, a huge part of our listings belong to government institutions. You will find Colorado Springs HUD homes for sale, Freddie Mac foreclosures, Fannie Mae foreclosures, FHA properties, VA foreclosures and other kinds of government repo homes in Colorado Springs, CO. Due to the federal moratorium on foreclosure evictions during the pandemic, our supply of foreclosure listings is currently low. Please consider looking at other types of properties available here on our website, such as short sales and pre-foreclosures.
Discover and understand more about what you can expect for Colorado Springs, CO in terms of weather, education levels, income levels and more to get a better feel for the city.
Available Colorado Springs Foreclosed Homes for Sale
Be sure to work with a reputable real estate agent to help you determine accurate resale values. If you are interested in buying a Colorado Springs foreclosure, let us know. We can run a custom search through our proprietary database to find homes based on the profit margins, resale value, and estimated days on the market.
Some favorites include the Labor Day Lift , the Emma Crawford Coffin Races , the Fruitcake Toss , and the Mumbo Jumbo Gumbo Cook-Off & Carnivale Parade . There are also many art galleries and museums to visit, such as Manitou Springs, Old Colorado City, Colorado Springs Pioneers Museum, and the Air Force Academy. Then, you can choose to go zip lining or take a breathtaking hot air balloon ride. Houses have an average value of $355,000, which is a 12.7% increase since 2019.
Neighborhoods Near Colorado Springs, CO
You can also find 55+ community and price reduced homes for sale with open houses or virtual tours. Colorado Springs has 478,221 residents, and the population is growing at a healthy 14.6% ten-year average. This city is the second-largest in Colorado and is home to a diverse range of smart, active, and community-geared residents. The local racial composition includes 78.3% White, 6.2% Black, 3.0% Asian, 17.7% Latino, and 6% mixed races. If you're looking to sell your home in the Colorado Springs area, our listing agents can help you get the best price. Most homes for sale in Colorado Springs stay on the market for 56 days and receive 2 offers.
The number of available foreclosure properties in our database varies with market conditions. There is a minimal infrastructure for biking; however, rideshare services such as PikeRide are now paving the way to bring bicycling to the area. You can also take a guided Segway tour around the city with Adventures Out West or Cheyenne Canon Segways. Most of the architectural styles for homes in Colorado Springs include Bungalow/Craftsman Homes, and Victorian, Mid-Century Modern/Ranch Homes.
However, Mountain Rustic/Chalet style homes have become more common in the past 20 years. They can be more commonly found in the city's outskirts in neighborhoods like Black Forest, Palmer Lake, Woodland Park, and Cheyenne Mountain Canyon. Sign up to get full property details including street address, contact information, pricing and nearby comparison sales. There is currently 1 foreclosure for sale in Colorado Springs at a median listing price of $460K. BankForeclosuresSale.com does not guarantee the availability of any property listed herein and does not promise that there are listings for every region.
High above sea level, Colorado Springs has about 1,070 foreclosed properties. Foreclosed homes are usually sold for $145,000 and non-foreclosed homes for $205,500. Sales for foreclosed homes are 29% lower than those for non-distressed homes.Colorado Springs resides at the base of Pike's Peak, which is one of the most famous mountains in the country. Money magazine named it as the number one place to live among big cities during 2006.
This area is filled with so much history and beautiful sights, you won't have time for it all in one visit. Colorado Springs speaks directly to nature lovers and culture hounds. Some natural sights to explore, on foot or on horseback, are the Garden of the Gods, Red Rock Canyon, and Pikes Peak. Colorado Springs is a minimally walkable city in El Paso County with a Walk Score of 36.
If you have been finding it difficult to find a home in your price range in Colorado Springs while saving for a down payment, a foreclosed home could be just the option for you. Foreclosed homes offer the opportunity to get into a home at a reduced price in exchange for potentially needing to make repairs and otherwise fix up the home. Below are a variety of homes either in some type of foreclosure or pre-foreclosure status.
Foreclosures for Sale in Colorado Springs
These types of properties can offer great opportunities for real estate investment. If you have been discouraged by the current housing marketing, you are not alone. That's why many people are considering purchasing a foreclosed home as a viable path to homeownership. In Colorado Springs, CO, there are some fantastic foreclosed home options available.
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