Steamboat Condominiums priced under $500,000

Lowest priced Steamboat condos and townhomes, those under $500,000, are in limited supply. Inventory as of August 2022 is increasing as interest rates rise and buyers become more patient with news of inflation and the slowing housing market. 

See all Steamboat condos and townhomes for sale under $500,000 here.

Ask a local Realtor® – A Steamboat Springs Condo Expert will answer your questions about home owner association fees, rental investment potential, taxes, building condition, pets, amenities and more..

At this price point, you will find studio condos, one bedroom and some smaller 2 bedroom condominiums. They will typically have fewer amenities which means you may not find a seasonal shuttle or a pool, but it is most likely on the free bus route. The Steamboat Springs city bus runs year round through the mountain area to downtown Steamboat Springs. Service is not as frequent in the shoulder seasons, so be sure to check the bus route information for times.

Steamboat Condos and townhomes that were listed or sold in the $500,000 price range (Updated Aug 2022):

Condos and townhomes in Steamboat Springs in this price range have seen some of the biggest increases since 2019. 6th St. as example increased 23% per year (2019-2022). However, that condo was completed renovated with modern finishes throughout, stainless appliances, a washer and dryer added, and nothing left untouched. Details that online websites such as Zillow® don’t know. For these reasons we have seen real estate price annual % increases variate.

Be in the know and call a local Real Estate Broker for more info

 

Leave a Reply