There are currently 1,769 real estate properties in Parachute, CO, with a median automated valuation model (AVM) price of $354,750.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Parachute, 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 Parachute, CO, is $431,253.00, with the most expensive house in Parachute, CO, topping out at $9,744,000.00 and the cheapest home in Parachute, CO, clocking in at $16,248.00. In other words, there’s something for every potential homebuyer or savvy investor in Parachute, CO!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Parachute, CO, is on a rollercoaster ride. The average rent price in Parachute, CO, is $1,362.00. Indeed, when looking to rent in Parachute, CO, you can expect to pay as little as $630.00 or as much as $4,840.00, with the average rent median estimated to be $1,430.00. The good news is that finding an affordable and desirable property to rent in Parachute, 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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