Silverton, CO Foreclosures
How much do homes sell for in Silverton, CO?
The average home price is currently $613,231.
What’s the average rental cost in Silverton, CO?
The average rental price in Silverton is $1,482.
What is the most expensive home in Silverton?
The most expensive home sold in Silverton had a price of $3,221,800.
What is currently the cheapest priced home in Silverton, CO?
The cheapest home for sale in Silverton is priced at $105,684.
Living in Silverton, CO
Silverton, CO is a picturesque mountain town nestled in the heart of the San Juan Mountains. Known for its stunning natural beauty, Silverton offers a variety of outdoor activities and a tight-knit community atmosphere. With its charming historic downtown and proximity to outdoor adventures, Silverton is an ideal location for nature lovers and adventurous spirits.
Current Market Conditions in Silverton, CO
The real estate market in Silverton, CO has been gaining traction, with an increase in interest from buyers seeking vacation homes and investment properties. The limited inventory combined with the town's pristine natural environment has created a competitive market, encouraging sellers to price their homes strategically.
Recently, there has been a noticeable rise in property values over the past few months, reflecting the growing demand for mountain properties. With the ongoing interest in outdoor recreation and remote living, experts believe that this trend will continue to strengthen the local real estate market.
Home Value Estimator For Silverton, CO
There are currently 448 real estate properties
in Silverton, CO,
with a median automated valuation model (AVM) price
of $542,218.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Silverton, 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 Silverton, CO,
is $613,231.00, with the most expensive house
in Silverton, CO, topping out
at $3,221,800.00 and the cheapest home
in Silverton, CO,
clocking in at $105,684.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Silverton, CO!
Rent Prices
In Silverton, CO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Silverton, CO, is on
a rollercoaster ride. The
average rent price in Silverton, CO,
is $1,482.00. Indeed, when looking to rent in
Silverton, CO, you can expect to pay as little
as $730.00 or as much
as $2,860.00,
with the average rent median estimated to
be $1,470.00. The good news is that finding
an affordable and desirable property to rent in Silverton, 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.
Learn more on Foreclosure homes
