Colby, WI Foreclosures
How much do homes sell for in Colby, WI?
The average home price is currently $227,005.
In Colby, WI, how many homes are available?
There are currently 4 active home listings available in Colby.
What’s the average rental cost in Colby, WI?
The average rental price in Colby is $1,430.
What is the most expensive home in Colby?
The most expensive home sold in Colby had a price of $753,786.
What is currently the cheapest priced home in Colby, WI?
The cheapest home for sale in Colby is priced at $13,540.
Living in Colby, WI
Colby is a charming small town located in central Wisconsin, known for its friendly community and agricultural roots. With a variety of local shops and restaurants, Colby has a warm, welcoming atmosphere that appeals to families and retirees alike. Its convenient location near major highways makes traveling to nearby cities a breeze, while the natural beauty of the surrounding countryside offers plenty of outdoor recreational opportunities.
Current Market Conditions in Colby, WI
The real estate market in Colby, WI, has shown moderate growth in recent months, characterized by stable property values and increased buyer interest. Demand for affordable housing in small towns is on the rise as more people seek out quieter lifestyles away from bustling urban environments. This trend is supported by low interest rates and a stable local economy, making Colby an attractive option for first-time homebuyers and investors.
Over the past month, property listings in Colby have seen a slight uptick in activity, with several homes selling quickly due to competitive pricing. Sellers are finding that homes in good condition priced appropriately are receiving multiple offers, which is a positive indication of a healthy market. Additionally, existing homeowners are looking to upgrade or downsize, which is contributing to a balanced flow of new listings.
Home Value Estimator For Colby, WI
There are currently 834 real estate properties
in Colby, WI,
with a median automated valuation model (AVM) price
of $203,940.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Colby, WI, 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 Colby, WI,
is $227,005.00, with the most expensive house
in Colby, WI, topping out
at $753,786.00 and the cheapest home
in Colby, WI,
clocking in at $13,540.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Colby, WI!
Rent Prices
In Colby, WI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Colby, WI, is on
a rollercoaster ride. The
average rent price in Colby, WI,
is $1,430.00. Indeed, when looking to rent in
Colby, WI, you can expect to pay as little
as $860.00 or as much
as $2,280.00,
with the average rent median estimated to
be $1,530.00. The good news is that finding
an affordable and desirable property to rent in Colby, WI
-- 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.
Learn more on Foreclosure homes
