Manitou Springs, CO Foreclosures
How much do homes sell for in Manitou Springs, CO?
The average home price is currently $604,343.
In Manitou Springs, CO, how many homes are available?
There are currently 52 active home listings available in Manitou Springs.
What’s the average rental cost in Manitou Springs, CO?
The average rental price in Manitou Springs is $1,494.
What is the most expensive home in Manitou Springs?
The most expensive home sold in Manitou Springs had a price of $4,879,954.
What is currently the cheapest priced home in Manitou Springs, CO?
The cheapest home for sale in Manitou Springs is priced at $58,699.
Living in Manitou Springs, CO
Manitou Springs is a charming mountain town nestled at the foot of Pikes Peak, renowned for its natural mineral springs and artistic community. This picturesque location boasts a vibrant downtown filled with unique shops, outdoor cafes, and galleries. With numerous hiking trails and proximity to the Garden of the Gods park, residents enjoy a rich outdoor lifestyle.
Current Market Conditions in Manitou Springs, CO
The real estate market in Manitou Springs remains active, with continued interest from both local buyers and those looking to relocate from larger cities. Homes in this area are appealing due to their unique mountain charm, proximity to outdoor activities, and a welcoming community atmosphere. The trend of remote work has increased demand for homes that offer more space and access to nature, leading to a gradual rise in home prices as inventory becomes limited.
Recently, we have seen a slight uptick in home sales compared to last year, indicating a healthy market. Buyers are generally motivated, and many homes listed see multiple offers, which speaks to the desirability of this mountain town.
Home Value Estimator For Manitou Springs, CO
There are currently 2,216 real estate properties
in Manitou Springs, CO,
with a median automated valuation model (AVM) price
of $567,831.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Manitou Springs, 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 Manitou Springs, CO,
is $604,343.00, with the most expensive house
in Manitou Springs, CO, topping out
at $4,879,954.00 and the cheapest home
in Manitou Springs, CO,
clocking in at $58,699.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Manitou Springs, CO!
Rent Prices
In Manitou Springs, CO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Manitou Springs, CO, is on
a rollercoaster ride. The
average rent price in Manitou Springs, CO,
is $1,494.00. Indeed, when looking to rent in
Manitou Springs, CO, you can expect to pay as little
as $590.00 or as much
as $3,240.00,
with the average rent median estimated to
be $1,490.00. The good news is that finding
an affordable and desirable property to rent in Manitou Springs, 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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