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Foreclosures in Elbert, CO

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Elbert, CO Foreclosures

How much do homes sell for in Elbert, CO?
The average home price is currently $694,777.
In Elbert, CO, how many homes are available?
There are currently 8 active home listings available in Elbert.
What’s the average rental cost in Elbert, CO?
The average rental price in Elbert is $2,018.
What is the most expensive home in Elbert?
The most expensive home sold in Elbert had a price of $5,064,502.
What is currently the cheapest priced home in Elbert, CO?
The cheapest home for sale in Elbert is priced at $39,333.

Living in Elbert, CO

Elbert, Colorado is a charming small town located in the lush plains of Elbert County. Known for its picturesque landscapes and tight-knit community, Elbert offers a peaceful retreat away from the hustle and bustle of city life. The area is ideal for outdoor enthusiasts, with ample opportunities for hiking, horseback riding, and enjoying the great outdoors in a serene setting.

Current Market Conditions in Elbert, CO

The real estate market in Elbert, CO has remained stable with a steady demand for housing. Over recent months, there has been a noticeable increase in interest from buyers seeking rural properties as remote work trends allow more people to choose their living locations freely. Home values have appreciated modestly, making it a favorable time for sellers, while still being affordable for buyers compared to nearby urban centers.

As more individuals and families look for larger homes with land, particularly post-pandemic, Elbert's market is experiencing greater activity. The low inventory of homes available for sale contributes to a competitive landscape, enticing potential buyers to act quickly.

Home Value Estimator For Elbert, CO

There are currently 2,108 real estate properties in Elbert, CO, with a median automated valuation model (AVM) price of $675,153.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Elbert, 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 Elbert, CO, is $694,777.00, with the most expensive house in Elbert, CO, topping out at $5,064,502.00 and the cheapest home in Elbert, CO, clocking in at $39,333.00. In other words, there’s something for every potential homebuyer or savvy investor in Elbert, CO!

Rent Prices In Elbert, CO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elbert, CO, is on a rollercoaster ride. The average rent price in Elbert, CO, is $2,018.00. Indeed, when looking to rent in Elbert, CO, you can expect to pay as little as $810.00 or as much as $4,220.00, with the average rent median estimated to be $2,000.00. The good news is that finding an affordable and desirable property to rent in Elbert, 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.

Elbert, CO Foreclosures


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