Colorado Springs, CO Foreclosures
How much do homes sell for in Colorado Springs, CO?
The average home price is currently $494,354.
In Colorado Springs, CO, how many homes are available?
There are currently 655 active home listings available in Colorado Springs.
What’s the average rental cost in Colorado Springs, CO?
The average rental price in Colorado Springs is $1,596.
What is the most expensive home in Colorado Springs?
The most expensive home sold in Colorado Springs had a price of $129,710,740.
What is currently the cheapest priced home in Colorado Springs, CO?
The cheapest home for sale in Colorado Springs is priced at $13,805.
Living in Colorado Springs, CO
Colorado Springs is a vibrant city located at the base of the Rocky Mountains, known for its stunning natural beauty and outdoor activities. The area boasts a strong family-oriented community with excellent schools and a plethora of parks. With a diverse range of cultural and dining experiences, it's a perfect blend of city life and nature.
Current Market Conditions in Colorado Springs, CO
The real estate market in Colorado Springs is currently competitive, with a steady demand for homes driving prices up. The area's allure lies in its beautiful landscapes and proximity to outdoor activities, making it a desirable place for families and retirees alike. Homes are being purchased quickly, often above asking price, as buyers capitalize on the city's desirability.
Recent trends show that new developments are on the rise, with an increasing number of new constructions to accommodate growing populations and attract new residents. This surge in supply, however, does little to cool demand, as many prospective homeowners are still seeking to purchase in this picturesque area.
Home Value Estimator For Colorado Springs, CO
There are currently 180,194 real estate properties
in Colorado Springs, CO,
with a median automated valuation model (AVM) price
of $424,450.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Colorado Springs, CO, 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 Colorado Springs, CO,
is $494,354.00, with the most expensive house
in Colorado Springs, CO, topping out
at $129,710,740.00 and the cheapest home
in Colorado Springs, CO,
clocking in at $13,805.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Colorado Springs, CO!
Rent Prices
In Colorado Springs, CO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Colorado Springs, CO, is on
a rollercoaster ride. The
average rent price in Colorado Springs, CO,
is $1,596.00. Indeed, when looking to rent in
Colorado Springs, CO, you can expect to pay as little
as $470.00 or as much
as $5,700.00,
with the average rent median estimated to
be $1,470.00. The good news is that finding
an affordable and desirable property to rent in Colorado Springs, 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.
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