Foreclosure Homes in Longmont, CO 80503

Current Market Conditions in Longmont, CO

Longmont's real estate market has shown resilience despite broader economic fluctuations, maintaining a steady demand for housing as new businesses and residents have flocked to the area. The city remains an attractive option for homebuyers due to its balance of affordability compared to nearby Boulder and Denver, while offering ample amenities and services encountered in urban settings.

The housing market is currently characterized by limited inventory and increased interest from buyers, resulting in competitive bidding situations for desirable properties. In recent months, new construction has been encouraged to meet demand, leading to a slight increase in average home prices.

Rent Prices In Longmont, CO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Longmont, CO, is on a rollercoaster ride. The average rent price in Longmont, CO, is $1,828.00. Indeed, when looking to rent in Longmont, CO, you can expect to pay as little as $700.00 or as much as $5,260.00, with the average rent median estimated to be $1,740.00. The good news is that finding an affordable and desirable property to rent in Longmont, 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.