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Short Sale Listings in Silverton, CO

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Silverton, CO Foreclosures

How much do homes sell for in Silverton, CO?
The average home price is currently $621,077.
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 $3,198,400.
What is currently the cheapest priced home in Silverton, CO?
The cheapest home for sale in Silverton is priced at $106,722.

Living in Silverton, CO

Silverton, Colorado, is a picturesque mountain town known for its stunning scenery and historical charm. With ample outdoor activities and a tight-knit community, it offers an ideal setting for nature lovers and those seeking tranquility. The town also boasts a unique historical downtown area filled with quaint shops and restaurants.

Current Market Conditions in Silverton, CO

The Silverton real estate market is characterized by its limited inventory and high demand for properties, particularly among those seeking vacation homes and investment opportunities. The market has seen a modest increase in home prices as buyers are drawn to the area's natural beauty and outdoor recreation. Even with the high prices, properties tend to sell quickly due to the appeal of the town and its surroundings.

Currently, more people are looking to own vacation properties in Silverton due to an increase in remote work options allowing for flexible living arrangements. With outdoor activities being a significant drawcard, real estate in the area remains a popular investment, particularly as summer and winter leisure activities make it a sought-after location.

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 $557,421.00. 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 $621,077.00, with the most expensive house in Silverton, CO, topping out at $3,198,400.00 and the cheapest home in Silverton, CO, clocking in at $106,722.00. 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.

Silverton, CO Short Sale Listings


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