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Condo Foreclosures in Rico, CO

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Rico, CO Foreclosures

How much do homes sell for in Rico, CO?
The average home price is currently $459,911.
What’s the average rental cost in Rico, CO?
The average rental price in Rico is $1,282.
What is the most expensive home in Rico?
The most expensive home sold in Rico had a price of $1,393,688.
What is currently the cheapest priced home in Rico, CO?
The cheapest home for sale in Rico is priced at $30,297.

Living in Rico, CO

Rico, Colorado, is a picturesque mountain town in the San Juan Mountains that offers an idyllic setting for outdoor activities and a peaceful lifestyle. With a rich history and close-knit community, Rico is perfect for those looking for a charming retreat. Its proximity to larger towns provides residents with the benefits of small-town living while still being close to amenities.

Current Market Conditions in Rico, CO

Rico's real estate market has been appreciating steadily, driven by its attractiveness to second-home buyers and those seeking a retreat from urban areas. Properties within this area are limited due to the small size of the town, which fuels demand and results in higher price points for available homes.

The market has shifted to favor sellers, with homes selling more quickly compared to the last few years. There is increasing interest in recreational properties as remote work becomes more common, leading to a boost in the housing market.

Home Value Estimator For Rico, CO

There are currently 285 real estate properties in Rico, CO, with a median automated valuation model (AVM) price of $452,699.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Rico, 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 Rico, CO, is $459,911.00, with the most expensive house in Rico, CO, topping out at $1,393,688.00 and the cheapest home in Rico, CO, clocking in at $30,297.00. In other words, there’s something for every potential homebuyer or savvy investor in Rico, CO!

Rent Prices In Rico, CO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Rico, CO, is on a rollercoaster ride. The average rent price in Rico, CO, is $1,282.00. Indeed, when looking to rent in Rico, CO, you can expect to pay as little as $660.00 or as much as $2,340.00, with the average rent median estimated to be $1,280.00. The good news is that finding an affordable and desirable property to rent in Rico, 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.

Rico, CO Condos


Market Trend for Rico, CO

Total Listings Available: 0

Market Values:

Home Prices from $30,297 to $1,393,688

Average Sales Price: $459,911

Rental Values:

Rental from $660 to $2,340

Average Rent Value: $1,282 / month

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