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Multi-family 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 82 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 rural town offering a peaceful lifestyle amid beautiful natural landscapes. With a small population, this community provides access to outdoor activities such as hiking and horseback riding, while being conveniently located near larger towns for additional amenities. Enjoy the best of both worlds in Elbert, where tranquility meets vibrant community life.

Current Market Conditions in Elbert, CO

The real estate market in Elbert is relatively stable, showing a steady appreciation in property values due in part to its desirable rural lifestyle. Many buyers are attracted to the area for its open spaces and potential for equestrian properties, which bolsters demand and market activity.

Recently, listings in Elbert have seen a gradual increase in prices as more families seek to move away from urban areas in search of a quieter, more fulfilling life. This trend has resulted in a competitive market, although inventory remains higher than the previous year, allowing for a variety of options for potential homebuyers.

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 Multi-family Homes


Market Trend for Elbert, CO

Total Listings Available: 82

Market Values:

Home Prices from $39,333 to $5,064,502

Average Sales Price: $694,777

Rental Values:

Rental from $810 to $4,220

Average Rent Value: $2,018 / month

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