The housing market in Ouray, CO County is considerably strong. The median value of a house in the area is $710,900; this is far above the US median value of $338,100 and reflects the strong demand for property in the area. Furthermore, the one-year appreciation rate of houses in Ouray County is 11.78%, which is significantly higher than the national average of 8.27%. This reflects a strong and growing real estate market that shows no signs of slowing down anytime soon.
The median home cost in Ouray County is $710,900. Home appreciation the last 10 years has been 104.1%. Home Appreciation in Ouray County is up 17.7%.
Average Age of Homes
- The median age of Ouray County real estate is 24 years old
The Rental Market in Ouray County
- Renters make up 17.5% of the Ouray County population
- 1.6% of houses and apartments in Ouray County, 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.