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City-owned Homes And Land in Cortez, CO

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Living in Cortez, CO

Cortez, Colorado is a picturesque town known for its close proximity to natural wonders like Mesa Verde National Park. The community offers a blend of outdoor activities, local culture, and a welcoming atmosphere, making it ideal for both families and retirees. A rich local history adds to its charm, complemented by a range of school options and amenities.

Current Market Conditions in Cortez, CO

The current real estate market in Cortez is witnessing a steady increase in housing demand due to its desirable location near natural attractions. Home prices have seen an upward trend, making it a favorable market for sellers, while buyers are encouraged to act quickly due to limited inventory.

Investors are increasingly eyeing Cortez as a hotspot for vacation rentals, given its tourism appeal, particularly from outdoor enthusiasts and history buffs visiting the nearby national park. This has led to a diverse set of properties entering the market, including single-family homes, townhouses, and vacation rentals.

Home Value Estimator For Cortez, CO

There are currently 4,874 real estate properties in Cortez, CO, with a median automated valuation model (AVM) price of $288,075.00. 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 $325,817.00, with the most expensive house in Cortez, CO, topping out at $3,180,992.00 and the cheapest home in Cortez, CO, clocking in at $10,452.00. 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 City-owned Homes And Land


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