The housing market in Steamboat Springs, CO is booming and currently has a median value of $1,040,500. This is nearly three times the national median value of $338,100. Even more impressive is that this housing market has seen an 11.78% appreciation rate over the last year - much higher than the 8.27% national average. Those investing in Steamboat Springs real estate are sure to see a great return on their investment due to strong economic growth and high demand for properties in the area.
The median home cost in Steamboat Springs is $1,040,500. Home appreciation the last 10 years has been 147.2%. Home Appreciation in Steamboat Springs is up 16.7%.
Average Age of Homes
- The median age of Steamboat Springs real estate is 27 years old
The Rental Market in Steamboat Springs
- Renters make up 17.6% of the Steamboat Springs population
- 9.5% of houses and apartments in Steamboat 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.