Colo, IA Foreclosures
How much do homes sell for in Colo, IA?
The average home price is currently $271,839.
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 $1,426.
What is the most expensive home in Colo?
The most expensive home sold in Colo had a price of $989,567.
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
Colo, IA is a charming small town known for its welcoming community and rural vibes. With essential amenities nearby and a rich surrounding landscape, it is suitable for families and outdoor enthusiasts. Close proximity to Ames adds to its appeal for those seeking a peaceful lifestyle with access to urban activities.
Current Market Conditions in Colo, IA
The real estate market in Colo, IA is currently stable, with a mix of single-family homes and properties available for various budgets. Historically, the town has seen modest appreciation in home values, making it a viable option for first-time buyers and investors looking for rental opportunities.
In recent years, Colo has experienced a revitalization in its housing market, attracting newcomers who appreciate its low cost of living and small-town charm. The demand for homes remains consistent, sustaining property values as more individuals seek the tranquility of rural living.
Home Value Estimator For Colo, IA
There are currently 534 real estate properties
in Colo, IA,
with a median automated valuation model (AVM) price
of $224,513.00. 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 $271,839.00, with the most expensive house
in Colo, IA, topping out
at $989,567.00 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 $1,426.00. 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.
Learn more on Foreclosure homes
