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Preforeclosure Homes in Philo, CA

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Living in Philo, CA

Philo, CA is a charming rural community located in Mendocino County. With its breathtaking natural landscapes and friendly atmosphere, Philo offers a peaceful lifestyle. Residents can enjoy outdoor activities, local wineries, and a vibrant sense of community.

Current Market Conditions in Philo, CA

The real estate market in Philo is characterized by a blend of charming historical homes and modern properties. With a growing interest in rural living, property values have seen a steady increase, making it a potential hotspot for future investments. Investors are particularly attracted to the expanding wine country and the influx of visitors seeking short-term rental options.

Additionally, the scarcity of available properties has led to competitive buying situations, with homes often selling above asking price. This trend highlights the increasing demand in the area, indicating a healthy market for real estate investments.

Home Value Estimator For Philo, CA

There are currently 274 real estate properties in Philo, CA, with a median automated valuation model (AVM) price of $493,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Philo, CA, 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 Philo, CA, is $562,917.00, with the most expensive house in Philo, CA, topping out at $7,541,700.00 and the cheapest home in Philo, CA, clocking in at $147,800.00. In other words, there’s something for every potential homebuyer or savvy investor in Philo, CA!

Rent Prices In Philo, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Philo, CA, is on a rollercoaster ride. The average rent price in Philo, CA, is $1,531.00. Indeed, when looking to rent in Philo, CA, you can expect to pay as little as $1,050.00 or as much as $2,200.00, with the average rent median estimated to be $1,500.00. The good news is that finding an affordable and desirable property to rent in Philo, CA -- 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.

Philo, CA Preforeclosure Homes


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