The housing market in Canon City, CO is booming. The median value for houses in this town is $310,000, which is lower than the US house median value of $338,100. However, the 1 year house appreciation rate in Canon City is much higher at 11.01%, compared to the national average of 8.27%. This speaks to the increased demand for real estate in this area and shows that prices are likely to continue rising in the coming years.
The median home cost in Canon City is $310,000. Home appreciation the last 10 years has been 139.3%. Home Appreciation in Canon City is up 20.5%.
Average Age of Homes
- The median age of Canon City real estate is 40 years old
The Rental Market in Canon City
- Renters make up 34.3% of the Canon City population
- 0.1% of houses and apartments in Canon City, 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.