The housing in Poncha Springs, CO is a desirable place to live. The median value of a house there is $514,400, which is significantly higher than the US median value of $338,100. There has been an 8.27% appreciation rate for houses across the US in the last year; however, homes in Poncha Springs have experienced an even greater 11.01% appreciation rate in the same amount of time. This makes Poncha Springs a great place to invest and purchase a home, as it is likely to appreciate even further in coming years.
The median home cost in Poncha Springs is $514,400. Home appreciation the last 10 years has been 139.3%. Home Appreciation in Poncha Springs is up 20.5%.
Average Age of Homes
- The median age of Poncha Springs real estate is 20 years old
The Rental Market in Poncha Springs
- Renters make up 36.9% of the Poncha Springs population
- 0.0% of houses and apartments in Poncha Springs, 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.