Grand Junction Metro Area, CO Housing

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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Grand Junction, Colorado	United States
	66,608.0	139,647,020.0
	35	42
	$376,500	$338,100
	14.4%	16.6%
	71.0%	57.0%
	110.9%	101.1%
	$4.31	$10.98
	$1,139	$2,690
	65.5%	57.4%
	7.0%	11.2%
	27.5%	31.4%
Vacant Housing
	0.8%	1.9%
	0.2%	0.4%
	0.6%	0.7%
	0.4%	0.4%
	2.1%	3.6%
	2.8%	4.1%
Value of Owner-Occupied Housing
	2.7%	2.6%
	1.8%	2.4%
	1.0%	2.8%
	1.7%	3.9%
	1.3%	4.5%
	6.6%	11.3%
	13.4%	13.0%
	31.7%	20.1%
	16.9%	13.6%
	10.1%	8.3%
	8.5%	9.7%
	2.3%	3.9%
	1.1%	2.2%
	0.3%	0.8%
	0.7%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	20.3%	13.6%
	20.3%	13.6%
	17.2%	13.6%
	13.6%	13.2%
	19.9%	14.8%
	17.2%	13.6%
	6.1%	10.0%
	2.5%	4.7%
	7.8%	12.2%

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