The housing market in Hotchkiss, CO is strong with a median value of $405,700 compared to the US house median value of $338,100. This marks a 20.57% increase in home values over the past year, far surpassing the 8.27% national appreciation rate. While the overall market in the US is showing steady growth, Hotchkiss stands out as an area on the rise and could be an attractive destination for potential homebuyers looking for a good investment opportunity.
The median home cost in Hotchkiss is $405,700. Home appreciation the last 10 years has been 104.1%. Home Appreciation in Hotchkiss is up 17.7%.
Average Age of Homes
- The median age of Hotchkiss real estate is 40 years old
The Rental Market in Hotchkiss
- Renters make up 42.1% of the Hotchkiss population
- 1.7% of houses and apartments in Hotchkiss, 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.