Colo, IA Foreclosures
How much do homes sell for in Colo, IA?
The average home price is currently $272,218.
In Colo, IA, how many homes are available?
There are currently 19 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 $990,638.
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, Iowa, is a quaint community that offers a peaceful lifestyle with a strong sense of community. Surrounded by beautiful landscapes, it's perfect for those seeking a slower pace of life while still being within reach of larger urban amenities. Residents enjoy various outdoor activities and a close-knit neighborhood feel.
Current Market Conditions in Colo, IA
Colo's real estate market has shown a steady increase in demand, driven by families looking for affordable housing options outside of larger urban centers. The town offers a variety of homes, from charming older properties to newer constructions, appealing to a diverse range of buyers.
As of late 2023, the market remains competitive but accessible, with prices increasing moderately, indicating a healthy growth trend. Home buyers are encouraged to act quickly as properties tend to sell faster due to limited inventory and ongoing interest in 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 $224,636.00. 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 $272,218.00, with the most expensive house
in Colo, IA, topping out
at $990,638.00 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
