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Foreclosure Homes in Hugo, CO 80821

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Hugo, CO Foreclosures

How much do homes sell for in Hugo, CO?
The average home price is currently $239,034.
In Hugo, CO, how many homes are available?
There are currently 4 active home listings available in Hugo.
What’s the average rental cost in Hugo, CO?
The average rental price in Hugo is $1,079.
What is the most expensive home in Hugo?
The most expensive home sold in Hugo had a price of $3,048,500.
What is currently the cheapest priced home in Hugo, CO?
The cheapest home for sale in Hugo is priced at $12,461.

Living in Hugo, CO

Hugo, CO is a charming small town that embodies the spirit of rural Colorado living. With its stunning landscapes, friendly community, and ample opportunities for outdoor activities, it offers a serene lifestyle. Though small, the town has essential amenities and is conveniently located for those needing to travel to larger towns or cities nearby.

Current Market Conditions in Hugo, CO

The real estate market in Hugo is generally stable, with home prices reflecting the rural setting. The demand for homes can fluctuate due to the surrounding agricultural landscape and seasonal trends. As of late 2023, buyers are showing interest in the area, seeking affordable housing options away from larger urban centers, which could lead to a gradual increase in home prices.

Current trends indicate that the market is favorable for buyers, with a variety of options available ranging from modest single-family homes to larger properties suitable for farming or ranching. The town's affordability attracts first-time homebuyers and retirees alike.

Home Value Estimator For Hugo, CO

There are currently 347 real estate properties in Hugo, CO, with a median automated valuation model (AVM) price of $187,645.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hugo, 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 Hugo, CO, is $239,034.00, with the most expensive house in Hugo, CO, topping out at $3,048,500.00 and the cheapest home in Hugo, CO, clocking in at $12,461.00. In other words, there’s something for every potential homebuyer or savvy investor in Hugo, CO!

Rent Prices In Hugo, CO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hugo, CO, is on a rollercoaster ride. The average rent price in Hugo, CO, is $1,079.00. Indeed, when looking to rent in Hugo, CO, you can expect to pay as little as $500.00 or as much as $2,760.00, with the average rent median estimated to be $1,120.00. The good news is that finding an affordable and desirable property to rent in Hugo, 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.

Hugo, CO 80821 Foreclosures


Market Trend for Hugo, CO

Total Listings Available: 4

Market Values:

Home Prices from $12,461 to $3,048,500

Average Sales Price: $239,034

Rental Values:

Rental from $500 to $2,760

Average Rent Value: $1,079 / month

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