Trinidad, CO is an area with a growing housing market. The median value of homes in Trinidad is $218,500, which is significantly lower than the US median value of $338,100. This makes Trinidad an attractive investment for people looking to buy a home. In the past year, the appreciation rate on homes in Trinidad has been 13.45%, nearly double the US average of 8.27%. This suggests that investing in property in Trinidad can be a lucrative venture and that homes are increasing in value at a fast rate.
The median home cost in Trinidad is $218,500. Home appreciation the last 10 years has been 136.6%. Home Appreciation in Trinidad is up 14.6%.
Average Age of Homes
- The median age of Trinidad real estate is 62 years old
The Rental Market in Trinidad
- Renters make up 28.3% of the Trinidad population
- 2.0% of houses and apartments in Trinidad, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.