Parachute, CO Foreclosures
How much do homes sell for in Parachute, CO?
The average home price is currently $470,582.
In Parachute, CO, how many homes are available?
There are currently 9 active home listings available in Parachute.
What’s the average rental cost in Parachute, CO?
The average rental price in Parachute is $1,363.
What is the most expensive home in Parachute?
The most expensive home sold in Parachute had a price of $12,685,282.
What is currently the cheapest priced home in Parachute, CO?
The cheapest home for sale in Parachute is priced at $11,014.
Living in Parachute, CO
Parachute, Colorado, is a tight-knit community surrounded by stunning natural beauty, making it ideal for outdoor lovers. With convenient access to nearby cities and a range of local amenities, it offers a balanced lifestyle. The town is perfect for those seeking a peaceful atmosphere while still enjoying modern conveniences.
Current Market Conditions in Parachute, CO
The current real estate market in Parachute, CO, is experiencing a balanced environment with a mix of buyers and sellers. With the town's charm and proximity to outdoor recreation, properties are in demand, particularly among those looking for vacation homes or investment opportunities. Average home prices have seen a gradual increase over the last year, showcasing a strong interest in this area.
As of late 2023, the real estate market in Parachute has remained stable, although inventory has been slightly lower than previous months. This decline in active listings has led to more competitive offers on desirable properties, particularly single-family homes, as families and outdoor enthusiasts seek to establish roots in this picturesque setting.
Home Value Estimator For Parachute, CO
There are currently 1,931 real estate properties
in Parachute, CO,
with a median automated valuation model (AVM) price
of $369,504.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Parachute, 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 Parachute, CO,
is $470,582.00, with the most expensive house
in Parachute, CO, topping out
at $12,685,282.00 and the cheapest home
in Parachute, CO,
clocking in at $11,014.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Parachute, CO!
Rent Prices
In Parachute, CO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Parachute, CO, is on
a rollercoaster ride. The
average rent price in Parachute, CO,
is $1,363.00. Indeed, when looking to rent in
Parachute, CO, you can expect to pay as little
as $630.00 or as much
as $4,840.00,
with the average rent median estimated to
be $1,430.00. The good news is that finding
an affordable and desirable property to rent in Parachute, 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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