Red Cliff, CO is an affluent town boasting high median housing values. The median housing value in Red Cliff is $667,400 which is almost double the US average of $338,100. The US House Appreciation rate for the past year was 8.27%, however the one year appreciation rate for houses in Red Cliff was 15.74%. This shows a large increase in housing value over the past year and that Red Cliff has a strong market when it comes to residential property.
The median home cost in Red Cliff is $667,400. Home appreciation the last 10 years has been 116.4%. Home Appreciation in Red Cliff is up 19.7%.
Average Age of Homes
- The median age of Red Cliff real estate is 67 years old
The Rental Market in Red Cliff
- Renters make up 22.4% of the Red Cliff population
- 5.6% of houses and apartments in Red Cliff, 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.