Foreclosure Homes in Severance, CO 80550

Current Market Conditions in Severance, CO

The real estate market in Severance is showing a steady increase in demand as more people are attracted to its spacious homes and family-friendly environment. The community has maintained relatively affordable housing prices compared to nearby cities, making it an appealing option for first-time homebuyers and young families.

In recent months, Severance has seen an uptick in real estate activity, with several new developments in the works that aim to accommodate the growing population. Properties are often sought after quickly, and the inventory remains on the lower side, leading to competitive bidding situations in some price ranges.

Rent Prices In Severance, CO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Severance, CO, is on a rollercoaster ride. The average rent price in Severance, CO, is $1,743.00. Indeed, when looking to rent in Severance, CO, you can expect to pay as little as $860.00 or as much as $3,740.00, with the average rent median estimated to be $1,600.00. The good news is that finding an affordable and desirable property to rent in Severance, 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.