Durango, CO Foreclosures
How much do homes sell for in Durango, CO?
The average home price is currently $837,710.
In Durango, CO, how many homes are available?
There are currently 36 active home listings available in Durango.
What’s the average rental cost in Durango, CO?
The average rental price in Durango is $1,778.
What is the most expensive home in Durango?
The most expensive home sold in Durango had a price of $17,584,600.
What is currently the cheapest priced home in Durango, CO?
The cheapest home for sale in Durango is priced at $20,715.
Living in Durango, CO
Durango, CO is a charming mountain town known for its stunning outdoor activities and rich cultural heritage. The vibrant downtown area is lined with unique shops, restaurants, and galleries, making it a hub for arts and entertainment. This location provides residents with excellent education options and easy access to nature's beauty.
Current Market Conditions in Durango, CO
The real estate market in Durango is currently on the rise, with an influx of buyers attracted by the area's outdoor lifestyle, amenities, and community charm. Homes are selling quickly, often at or above asking prices, showcasing the demand for residential properties in this enchanting location.
Investors should be aware that new construction and renovation projects are underway, indicating a strong growth trend in the Durango real estate market. The interest in homes, especially those with spacious properties and scenic views, is expected to increase as more people seek to relocate to this vibrant town.
Home Value Estimator For Durango, CO
There are currently 17,285 real estate properties
in Durango, CO,
with a median automated valuation model (AVM) price
of $697,583.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Durango, 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 Durango, CO,
is $837,710.00, with the most expensive house
in Durango, CO, topping out
at $17,584,600.00 and the cheapest home
in Durango, CO,
clocking in at $20,715.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Durango, CO!
Rent Prices
In Durango, CO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Durango, CO, is on
a rollercoaster ride. The
average rent price in Durango, CO,
is $1,778.00. Indeed, when looking to rent in
Durango, CO, you can expect to pay as little
as $550.00 or as much
as $4,180.00,
with the average rent median estimated to
be $1,780.00. The good news is that finding
an affordable and desirable property to rent in Durango, 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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