The housing market in Monte Vista, CO is on an upward trend as of late. The median value of a home in the area is currently $221,700, which is significantly lower than the national median of $338,100. Despite this gap in value, the real estate market in Monte Vista has had an impressive one year appreciation rate of 15.81%, far outpacing the 8.27% increase seen nationally over the same period. This growth suggests that Monte Vista is a great place to invest in real estate for those seeking to take advantage of this upward trend.
The median home cost in Monte Vista is $221,700. Home appreciation the last 10 years has been 118.5%. Home Appreciation in Monte Vista is up 19.9%.
Average Age of Homes
- The median age of Monte Vista real estate is 53 years old
The Rental Market in Monte Vista
- Renters make up 37.1% of the Monte Vista population
- 0.0% of houses and apartments in Monte Vista, 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.