Living in Cora, WY
Cora, WY is a charming small town embraced by nature's beauty, where outdoor adventures abound and community spirit thrives. It offers a peaceful lifestyle with access to recreational activities, scenic landscapes, and a supportive educational environment. Nestled in the Wind River Range, this idyllic location is perfect for those who appreciate the great outdoors and rural living.
Current Market Conditions in Cora, WY
The real estate market in Cora, WY is favorable for both investors and homebuyers. Properties in this area tend to be priced attractively compared to nearby urban centers, making it an appealing option for those seeking investment opportunities. The demand for homes, especially those that offer proximity to outdoor recreational areas, is steadily increasing.
As more individuals desire to escape the busyness of city life, Cora has seen a growing interest in vacation rentals and second homes. This trend indicates a promising potential for investment in residential properties and rental opportunities, capturing a market that values tranquility and natural beauty.
Home Value Estimator For Cora, WY
There are currently 167 real estate properties
in Cora, WY,
with a median automated valuation model (AVM) price
of $596,296.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cora, WY, 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 Cora, WY,
is $731,235.00, with the most expensive house
in Cora, WY, topping out
at $4,410,800.00 and the cheapest home
in Cora, WY,
clocking in at $101,823.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cora, WY!
Rent Prices
In Cora, WY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cora, WY, is on
a rollercoaster ride. The
average rent price in Cora, WY,
is $1,484.00. Indeed, when looking to rent in
Cora, WY, you can expect to pay as little
as $900.00 or as much
as $3,340.00,
with the average rent median estimated to
be $1,460.00. The good news is that finding
an affordable and desirable property to rent in Cora, WY
-- 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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