Rio Nido, CA Foreclosures
How much do homes sell for in Rio Nido, CA?
The average home price is currently $406,625.
In Rio Nido, CA, how many homes are available?
There are currently 412 active home listings available in Rio Nido.
What’s the average rental cost in Rio Nido, CA?
The average rental price in Rio Nido is $1,695.
What is the most expensive home in Rio Nido?
The most expensive home sold in Rio Nido had a price of $750,800.
What is currently the cheapest priced home in Rio Nido, CA?
The cheapest home for sale in Rio Nido is priced at $19,649.
Living in Rio Nido, CA
Rio Nido is a tranquil community located in Sonoma County, California, along the picturesque Russian River. Known for its natural beauty and outdoor recreational opportunities, residents enjoy a laid-back lifestyle surrounded by redwoods. This charming neighborhood offers a welcoming atmosphere with a strong sense of community and easy access to wine country, making it an ideal spot for nature lovers.
Current Market Conditions in Rio Nido, CA
The real estate market in Rio Nido has shown significant growth over the past year, with average home prices increasing by 12% as the demand for riverside properties continues to rise. The appeal of the town's natural beauty and community-driven lifestyle has attracted both full-time residents and vacation homeowners, leading to a competitive market for listings.
Inventory levels remain low in Rio Nido, which has contributed to a seller's market. Homes are selling quickly, often above asking price. With more buyers looking for retreat homes, especially from urban areas, the demand is expected to remain strong in the coming months.
Home Value Estimator For Rio Nido, CA
There are currently 51 real estate properties
in Rio Nido, CA,
with a median automated valuation model (AVM) price
of $418,156.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Rio Nido, 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 Rio Nido, CA,
is $406,625.00, with the most expensive house
in Rio Nido, CA, topping out
at $750,800.00 and the cheapest home
in Rio Nido, CA,
clocking in at $19,649.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Rio Nido, CA!
Rent Prices
In Rio Nido, CA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Rio Nido, CA, is on
a rollercoaster ride. The
average rent price in Rio Nido, CA,
is $1,695.00. Indeed, when looking to rent in
Rio Nido, CA, you can expect to pay as little
as $1,370.00 or as much
as $2,300.00,
with the average rent median estimated to
be $1,620.00. The good news is that finding
an affordable and desirable property to rent in Rio Nido, 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.
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