The housing in Colorado State is quite expensive compared to the US house median value. The median value of a house in Colorado is approximately $527,200, which is much higher than the US median value of $338,100. Though the house appreciation rate for Colorado State is lower than that of the US, at 5.50% compared to 8.27%, it still indicates that housing prices are increasing and that there are opportunities to invest. This could be an attractive option for home buyers and investors looking to purchase in Colorado State.
The median home cost in Colorado is $527,200. Home appreciation the last 10 years has been 147.5%. Home Appreciation in Colorado is up 14.6%.
Average Age of Homes
- The median age of Colorado real estate is 34 years old
The Rental Market in Colorado
- Renters make up 31.4% of the Colorado population
- 1.7% of houses and apartments in Colorado, 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.