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Foreclosures in Norwood, CO

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Norwood, CO Foreclosures

How much do homes sell for in Norwood, CO?
The average home price is currently $509,355.
In Norwood, CO, how many homes are available?
There are currently 16 active home listings available in Norwood.
What’s the average rental cost in Norwood, CO?
The average rental price in Norwood is $1,588.
What is the most expensive home in Norwood?
The most expensive home sold in Norwood had a price of $7,130,792.
What is currently the cheapest priced home in Norwood, CO?
The cheapest home for sale in Norwood is priced at $57,903.

Living in Norwood, CO

Norwood, Colorado, is a picturesque small town known for its stunning mountain vistas and outdoor recreational opportunities. With a population of around 500, it offers a tight-knit community feel and convenient access to hiking, biking, and winter sports. Local amenities include quaint shops and restaurants, highlighting the area's artistic culture and family-friendly atmosphere.

Current Market Conditions in Norwood, CO

The real estate market in Norwood is characterized by a mix of both residential and vacation properties. With the breathtaking scenery and access to outdoor activities, buyers are increasingly turning to the area for second homes or investment properties. Recent trends show a steady appreciation of property values as more people seek peaceful locations away from urban centers.

Home Value Estimator For Norwood, CO

There are currently 750 real estate properties in Norwood, CO, with a median automated valuation model (AVM) price of $395,316.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Norwood, 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 Norwood, CO, is $509,355.00, with the most expensive house in Norwood, CO, topping out at $7,130,792.00 and the cheapest home in Norwood, CO, clocking in at $57,903.00. In other words, there’s something for every potential homebuyer or savvy investor in Norwood, CO!

Rent Prices In Norwood, CO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Norwood, CO, is on a rollercoaster ride. The average rent price in Norwood, CO, is $1,588.00. Indeed, when looking to rent in Norwood, CO, you can expect to pay as little as $740.00 or as much as $4,660.00, with the average rent median estimated to be $1,480.00. The good news is that finding an affordable and desirable property to rent in Norwood, 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.

Norwood, CO Foreclosures


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