The housing market in Grand Junction, CO Metro Area has seen a significant increase in median values over the past year. The median value currently stands at $376,500 which is much higher than the US median value of $338,100. This is due to the strong house appreciation of 15.74%, which is significantly higher than the US average of 8.27%. As such, this area offers an excellent opportunity for potential homebuyers and investors alike to get a great deal on property with potential for future growth.
The median home cost in Grand Junction Metro Area is $376,500. Home appreciation the last 10 years has been 110.9%. Home Appreciation in Grand Junction Metro Area is up 14.4%.
Average Age of Homes
- The median age of Grand Junction Metro Area real estate is 32 years old
The Rental Market in Grand Junction Metro Area
- Renters make up 28.3% of the Grand Junction Metro Area population
- 0.8% of houses and apartments in Grand Junction 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.