Vernon, CO Foreclosures
How much do homes sell for in Vernon, CO?
The average home price is currently $419,404.
In Vernon, CO, how many homes are available?
There are currently 5 active home listings available in Vernon.
What’s the average rental cost in Vernon, CO?
The average rental price in Vernon is $878.
What is the most expensive home in Vernon?
The most expensive home sold in Vernon had a price of $2,008,342.
What is currently the cheapest priced home in Vernon, CO?
The cheapest home for sale in Vernon is priced at $72,662.
Living in Vernon, CO
Vernon, Colorado, is a charming rural community that combines small-town friendliness with natural beauty. Offering a peaceful lifestyle, residents enjoy outdoor activities and local events that enhance community spirit. Its proximity to larger towns ensures easy access to amenities, making it an ideal place for families and individuals alike.
Current Market Conditions in Vernon, CO
The real estate market in Vernon, CO, has shown stability over the past few months, with a steady flow of new listings and sales. As more individuals and families look to rural areas for housing, interest in Vernon has grown. The demand for affordable homes and larger plots of land is increasing, leading to a gradual rise in property values as buyers are attracted to the community's charm and amenities.
Currently, the inventory of homes available for sale in Vernon is relatively modest. This limited supply has kept prices competitive, and homes are selling at a good pace. In particular, three-bedroom homes are in high demand, reflecting the area's appeal to families seeking more space. As new developments continue to emerge, this may contribute to a more dynamic market in the upcoming months.
Home Value Estimator For Vernon, CO
There are currently 58 real estate properties
in Vernon, CO,
with a median automated valuation model (AVM) price
of $345,554.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Vernon, 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 Vernon, CO,
is $419,404.00, with the most expensive house
in Vernon, CO, topping out
at $2,008,342.00 and the cheapest home
in Vernon, CO,
clocking in at $72,662.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Vernon, CO!
Rent Prices
In Vernon, CO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Vernon, CO, is on
a rollercoaster ride. The
average rent price in Vernon, CO,
is $878.00. Indeed, when looking to rent in
Vernon, CO, you can expect to pay as little
as $570.00 or as much
as $1,640.00,
with the average rent median estimated to
be $820.00. The good news is that finding
an affordable and desirable property to rent in Vernon, 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.
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