The housing market in Vail, CO is incredibly expensive, with a median value of $1,530,400 which is well above the US median value of $338,100. The house appreciation rate in Vail has also been higher than the national average at 15.74%, compared to 8.27% nationwide. This indicates that the real estate market in Vail is strong and thriving. Despite the high cost of living, more and more people are flocking to Vail for its beautiful mountain scenery and recreational activities.
The median home cost in Vail is $1,530,400. Home appreciation the last 10 years has been 116.4%. Home Appreciation in Vail is up 19.7%.
Average Age of Homes
- The median age of Vail real estate is 38 years old
The Rental Market in Vail
- Renters make up 15.6% of the Vail population
- 7.9% of houses and apartments in Vail, 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.