Grand Junction, CO is a great place to invest in real estate, as it has a median house value of $373,700 which is higher than the US median house value of $338,100. Additionally, over the past year, house prices have appreciated by 8.13% in Grand Junction, which is very close to the US 1 year house appreciation rate of 8.27%. This shows that Grand Junction is a good place for investing in real estate and taking advantage of price appreciation.
The median home cost in Grand Junction is $373,700. Home appreciation the last 10 years has been 110.8%. Home Appreciation in Grand Junction is up 14.3%.
Average Age of Homes
- The median age of Grand Junction real estate is 33 years old
The Rental Market in Grand Junction
- Renters make up 38.0% of the Grand Junction population
- 1.4% of houses and apartments in Grand Junction, 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.