Craig Metro Area, CO Housing

The housing market in the Craig, CO Metro Area is booming. The median value of homes in this area is $260,400, which is significantly lower than the national average median value of $338,100. However, the appreciation rate for homes in Craig, CO has been much higher than the national rate over the past year at 13.73%, compared to 8.27% nationwide. This indicates that there are still good opportunities for potential buyers in Craig looking to invest in real estate.

The median home cost in Craig Metro Area is $260,400. Home appreciation the last 10 years has been 116.4%. Home Appreciation in Craig Metro Area is up 19.7%.

Average Age of Homes

- The median age of Craig Metro Area real estate is 41 years old

The Rental Market in Craig Metro Area

- Renters make up 20.8% of the Craig Metro Area population
- 3.2% of houses and apartments in Craig Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Craig, Colorado	United States
	6,091.0	139,647,020.0
	44	42
	$260,400	$338,100
	19.7%	16.6%
	63.7%	57.0%
	116.4%	101.1%
	$4.74	$10.98
	$956	$2,690
	55.7%	57.4%
	15.9%	11.2%
	28.4%	31.4%
Vacant Housing
	3.2%	1.9%
	0.0%	0.4%
	0.3%	0.7%
	0.0%	0.4%
	4.9%	3.6%
	7.6%	4.1%
Value of Owner-Occupied Housing
	3.6%	2.6%
	3.1%	2.4%
	2.8%	2.8%
	2.8%	3.9%
	5.1%	4.5%
	13.4%	11.3%
	18.8%	13.0%
	27.9%	20.1%
	14.1%	13.6%
	5.9%	8.3%
	2.5%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.3%	13.6%
	9.3%	13.6%
	14.1%	13.6%
	12.8%	13.2%
	31.8%	14.8%
	14.1%	13.6%
	5.5%	10.0%
	5.6%	4.7%
	9.0%	12.2%

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