Living in Iliff, CO
Iliff is a small, rural town located in Logan County, Colorado. Known for its friendly community atmosphere, it offers a peaceful lifestyle with easy access to nearby cities. The town features a rich agricultural heritage and is surrounded by scenic landscapes, providing residents with various outdoor recreational opportunities.
Current Market Conditions in Iliff, CO
The real estate market in Iliff shows a stable trend, with a modest increase in property values over the last year. Demand for homes in the area remains steady, as more families are looking for quiet, affordable living away from busy urban centers. The market is characterized by single-family homes, and there is a good mix of older properties and newer constructions available.
Recently, there has been a noticeable interest from investors looking at Iliff as an affordable option for rental properties, given its proximity to larger towns with job opportunities. This growing interest is creating a more competitive market for homebuyers.
Home Value Estimator For Iliff, CO
There are currently 302 real estate properties
in Iliff, CO,
with a median automated valuation model (AVM) price
of $233,300.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Iliff, 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 Iliff, CO,
is $314,236.00, with the most expensive house
in Iliff, CO, topping out
at $1,893,004.00 and the cheapest home
in Iliff, CO,
clocking in at $51,659.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Iliff, CO!
Rent Prices
In Iliff, CO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Iliff, CO, is on
a rollercoaster ride. The
average rent price in Iliff, CO,
is $1,072.00. Indeed, when looking to rent in
Iliff, CO, you can expect to pay as little
as $570.00 or as much
as $2,420.00,
with the average rent median estimated to
be $1,020.00. The good news is that finding
an affordable and desirable property to rent in Iliff, 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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