Home Values on the Rise: Per Zillow, the median home value of a home in Littleton is $269,100. Analysts predict that this value will continue to grow at 2.6% in 2014. Because home values are on the rise, rent to own properties remain a viable option in communities like Blakeland and Fenders.
Littleton, CO is a great place for affordable rent-to-own homes! With a median household income of over $76,375 and a median rent of $1,359, the Littleton, CO rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Littleton, CO. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
Littleton, CO is seeing rapid growth and Littleton, CO's' housing market remains not optimal with an average home price that is 105% above the 2023 national average. Littleton, CO is part of Arapahoe county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2023 for county Arapahoe is 0.67% which is below the national average, which is 0.99%.
Search for Gold: Once famous for being a gold mining town during the 1859 Pike's Peak Gold Rush, the city of Littleton remains a popular attraction for treasure seekers. Look to strike it rich by panning for gold at Roxborough State Park or at Pike's Peak.
Budget-Friendly Rent Prices: The median rent price in Littleton is $1,095 compared to $1,290 in the Denver metro area. As a result, many buyers are considering rent to own houses to cash in on the lower rent in areas like Downtown Littleton and Highlands Ranch.
Can't Beat the Great Outdoors: Colorado couldn't get any prettier, and Littleton comes in to steal the show with spectacular mountain views and hundreds of acres of natural space. Visit the South Platte Park and the Carson Nature Center for 880 acres of trails, lakes perfect for fishing, a wildlife reserve and much more. Go horseback riding at Chatfield State Park and keep your eyes on the sky for rare bird sightings.
Price Cuts Equal Better Deals: 33% of homes for sale in Littleton have had a price cut. What does this mean for you? Look to snag a great deal on rent to own homes by making an offer below list price in neighborhoods like Domerock or Sedalia.
Can't Beat the Community Events: The annual Western Welcome Week celebrates the town's rich history with more than 40 events that benefit local organizations and charities. In the winter, the Candlelight Walk is a Littleton tradition that includes free hot cider and live holiday music.
Golf, Golf and More Golf: Golf enthusiasts will love honing their craft on the numerous golf courses in Littleton and the surrounding area. For a challenge, play a round of 18 that stretches more than 4,000 yards at the Centennial Golf and Country Club. For a slightly less challenging experience, play at The Meadows Golf Course.
Embrace History: Pay homage to those who lost their lives in defense of the United States by visiting the Danny Dietz Memorial. Dietz, a native of Littleton, was a US Navy Seal killed in action in Afghanistan. His story has been told in the book and movie "Lone Survivor." Absorb even more history at the Littleton Museum, which features artifacts dating back to the early 1800s.