Gunnison, CO Foreclosures
How much do homes sell for in Gunnison, CO?
The average home price is currently $633,524.
What’s the average rental cost in Gunnison, CO?
The average rental price in Gunnison is $1,423.
What is the most expensive home in Gunnison?
The most expensive home sold in Gunnison had a price of $58,152,800.
What is currently the cheapest priced home in Gunnison, CO?
The cheapest home for sale in Gunnison is priced at $13,314.
Living in Gunnison, CO
Gunnison, Colorado, is a picturesque mountain town that epitomizes outdoor living with its proximity to the Rockies, scenic rivers, and abundant wildlife. The community is rich in history and culture, surrounded by stunning natural beauty. Residents enjoy diverse recreational activities throughout the year, making it an attractive location for families and outdoor enthusiasts alike.
Current Market Conditions in Gunnison, CO
Currently, Gunnison's real estate market is characterized by rising demand, with many buyers seeking vacation homes and investment properties due to its appeal as a year-round destination. The limited inventory has led to competitive bidding, driving prices up significantly over the past few months. The local economy is robust, supported by tourism, education, and outdoor industries, contributing to a vibrant housing market.
There has been a substantial increase in the number of properties sold this year compared to last year, reflecting the region's growing popularity. Homes in Gunnison are selling quicker than ever, often within weeks of listing, as buyers are eager to secure their piece of this scenic paradise.
Home Value Estimator For Gunnison, CO
There are currently 5,236 real estate properties
in Gunnison, CO,
with a median automated valuation model (AVM) price
of $538,300.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Gunnison, 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 Gunnison, CO,
is $633,524.00, with the most expensive house
in Gunnison, CO, topping out
at $58,152,800.00 and the cheapest home
in Gunnison, CO,
clocking in at $13,314.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Gunnison, CO!
Rent Prices
In Gunnison, CO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Gunnison, CO, is on
a rollercoaster ride. The
average rent price in Gunnison, CO,
is $1,423.00. Indeed, when looking to rent in
Gunnison, CO, you can expect to pay as little
as $550.00 or as much
as $4,280.00,
with the average rent median estimated to
be $1,340.00. The good news is that finding
an affordable and desirable property to rent in Gunnison, 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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