Foreclosure Homes in Limon, CO

Current Market Conditions in Limon, CO

Limon's real estate market has shown steady growth over the past few years, with a noticeable increase in interest from families and retirees looking for a quieter life away from the hustle and bustle of larger cities. While the market remains affordable compared to urban areas, inventory remains low, driving prices up slightly, especially for well-maintained single-family homes.

The area has seen some investment from developers looking to enhance the housing offerings, particularly in creating comfortable family homes that suit the needs of new residents. As infrastructure improvements continue, Limon is poised for further growth.

Rent Prices In Limon, CO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Limon, CO, is on a rollercoaster ride. The average rent price in Limon, CO, is $1,035.00. Indeed, when looking to rent in Limon, CO, you can expect to pay as little as $460.00 or as much as $2,170.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Limon, 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.