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Short Sale Listings in Cortez, CO 81321

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Cortez, CO Foreclosures

How much do homes sell for in Cortez, CO?
The average home price is currently $328,392.
In Cortez, CO, how many homes are available?
There are currently 19 active home listings available in Cortez.
What’s the average rental cost in Cortez, CO?
The average rental price in Cortez is $1,076.
What is the most expensive home in Cortez?
The most expensive home sold in Cortez had a price of $3,225,549.
What is currently the cheapest priced home in Cortez, CO?
The cheapest home for sale in Cortez is priced at $10,199.

Living in Cortez, CO

Cortez, Colorado, is a vibrant small town full of history and culture nestled in the scenic Southwest. It offers residents stunning views and abundant outdoor activities thanks to its proximity to Mesa Verde National Park. The community is welcoming and features unique shops, businesses, and a lively event schedule.

Current Market Conditions in Cortez, CO

The real estate market in Cortez is currently experiencing a steady demand as many buyers are attracted to the area's affordability and scenic beauty. Homes are selling relatively quickly, with a noticeable increase in interest from out-of-state buyers looking for a peaceful retreat.

Prices have shown a moderate increase over the past year, driven by a shortage of available inventory and the charm of the surrounding natural landscapes. First-time homebuyers and retirees alike are drawn to the area, leading to a competitive market.

Home Value Estimator For Cortez, CO

There are currently 4,877 real estate properties in Cortez, CO, with a median automated valuation model (AVM) price of $291,395.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cortez, 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 Cortez, CO, is $328,392.00, with the most expensive house in Cortez, CO, topping out at $3,225,549.00 and the cheapest home in Cortez, CO, clocking in at $10,199.00. In other words, there’s something for every potential homebuyer or savvy investor in Cortez, CO!

Rent Prices In Cortez, CO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cortez, CO, is on a rollercoaster ride. The average rent price in Cortez, CO, is $1,076.00. Indeed, when looking to rent in Cortez, CO, you can expect to pay as little as $480.00 or as much as $2,550.00, with the average rent median estimated to be $1,030.00. The good news is that finding an affordable and desirable property to rent in Cortez, 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.

Cortez, CO 81321 Short Sale Listings

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