Glenwood Springs, CO

Population: 9,837
Average annual home appreciation rate: 2.44%
Total of homes for sale in this market: 46
Median home price: $413,720
Median Rent: $1,264/per room
Home price range: 29.07% of homes are between $418,001 – $523,000
Median sales price: $400,000
Number of homes: 23
Median foreclosure sales price: Still Computing Data
Foreclosure discount: Still Computing Datat
Most common home type: 49.93%
Number of vacant homes: 10.78%
Number of renters: 49.04%
Number of owner occupied: 50.96%
Number people living below poverty level: 18.68%
Unemployment rate: 4.50%
Is this area perfect for real estate deals going on right now? Glenwood has a pretty good trac record. The market is more down now than it has been for a while, and with this decline, the higher prices will lessen and give opportunities for investors to come up and purchase some of these properties. There is a great deal of zombie/vacant properties that could be an opportunity for the savvy investor to have and to take care of motivated seller who hold these properties.

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