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Foreclosure Homes in Colo, IA 50056

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Colo, IA Foreclosures

How much do homes sell for in Colo, IA?
The average home price is currently $271,667.
In Colo, IA, how many homes are available?
There are currently 8 active home listings available in Colo.
What’s the average rental cost in Colo, IA?
The average rental price in Colo is $1,427.
What is the most expensive home in Colo?
The most expensive home sold in Colo had a price of $1,261,057.
What is currently the cheapest priced home in Colo, IA?
The cheapest home for sale in Colo is priced at $21,257.

Living in Colo, IA

Nestled in Story County, Colo, Iowa is a welcoming community with a strong sense of belonging and plenty of local amenities. The town boasts a variety of parks and community events that foster connections among residents. Enjoy the tranquility of small-town living while being within a short drive from larger cities.

Current Market Conditions in Colo, IA

The real estate market in Colo currently reflects a stable trend, with steady demand for homes. The average home price has seen a modest increase over the past year, suggesting a healthy market. Buyers seeking properties here can expect favorable conditions with a mix of affordable options and some higher-end listings becoming available.

Home Value Estimator For Colo, IA

There are currently 537 real estate properties in Colo, IA, with a median automated valuation model (AVM) price of $226,124.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Colo, IA, 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 Colo, IA, is $271,667.00, with the most expensive house in Colo, IA, topping out at $1,261,057.00 and the cheapest home in Colo, IA, clocking in at $21,257.00. In other words, there’s something for every potential homebuyer or savvy investor in Colo, IA!

Rent Prices In Colo, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Colo, IA, is on a rollercoaster ride. The average rent price in Colo, IA, is $1,427.00. Indeed, when looking to rent in Colo, IA, you can expect to pay as little as $920.00 or as much as $2,320.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in Colo, IA -- 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.

Colo, IA 50056 Foreclosures

Market Trend for Colo, IA

Total Listings Available: 8

Market Values:

Home Prices from $21,257 to $1,261,057

Average Sales Price: $271,667

Rental Values:

Rental from $920 to $2,320

Average Rent Value: $1,427 / month

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