Olney Springs, CO Foreclosures
Current Market Conditions in in Olney Springs, CO As of January 2026?
Over the past month, Olney Springs has seen a lower inventory of homes despite an increasing buyer demand. This has led to several properties receiving multiple offers and quickly going under contract. Real estate agents are noting that homes are being sold faster than in previous months, indicating heightened interest from both local and out-of-town buyers. The average home price has shown a slight uptick in response to this demand, though the market is still considered affordable compared to larger Colorado cities.
How much do homes sell for in Olney Springs, CO?
The average home price is currently $190,394.
In Olney Springs, CO, how many homes are available?
There are currently 3 active home listings available in Olney Springs.
What’s the average rental cost in Olney Springs, CO?
The average rental price in Olney Springs is $903.
What is the most expensive home in Olney Springs?
The most expensive home sold in Olney Springs had a price of $567,835.
What is currently the cheapest priced home in Olney Springs, CO?
The cheapest home for sale in Olney Springs is priced at $29,600.
Living in Olney Springs, CO
Olney Springs, Colorado, is a tranquil town that combines rural charm with stunning mountain views. It's ideal for those seeking a slower pace of life in a close-knit community. With ample outdoor recreational opportunities, this area invites residents to embrace nature and enjoy a peaceful lifestyle.
Buyer vs Seller Market in Olney Springs, CO
The real estate market in Olney Springs is currently experiencing a shift, with an increase in interest from homebuyers looking for affordable housing options in rural Colorado. The demand is rising as more people consider relocating from urban centers to quieter settings, which is reflected in the gradual rise in home prices over the past few months. Supply remains limited, adding to the competitive nature of the current market, making it a prime opportunity for investors.
Trends indicate that homes in Olney Springs are selling faster compared to previous years, indicating a warming market. There has been an uptick in interest for property types such as single-family homes and ranch-style houses that appeal to those desiring land and space.
The rental market also shows signs of growth with increased inquiries for rental properties, suggesting a potential influx of residents drawn by the area’s natural beauty and low cost of living.
Home Value Estimator For Olney Springs, CO
There are currently 270 real estate properties
in Olney Springs, CO,
with a median automated valuation model (AVM) price
of $159,776.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Olney 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 Olney Springs, CO,
is $190,394.00, with the most expensive house
in Olney Springs, CO, topping out
at $567,835.00 and the cheapest home
in Olney Springs, CO,
clocking in at $29,600.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Olney Springs, CO!
Rent Prices
In Olney Springs, CO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Olney Springs, CO, is on
a rollercoaster ride. The
average rent price in Olney Springs, CO,
is $903.00. Indeed, when looking to rent in
Olney Springs, CO, you can expect to pay as little
as $490.00 or as much
as $1,310.00,
with the average rent median estimated to
be $880.00. The good news is that finding
an affordable and desirable property to rent in Olney 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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