Colorado City, TX is a small city located in Texas. The median value of housing in Colorado City is significantly lower than the national average, at $78,100 compared to the US median value of $338,100. Although the one year appreciation rate for housing in Colorado City is slightly lower than the US rate, at 7.07% compared to 8.27%, it still indicates that there is a steady increase in value for housing within this area. This makes Colorado City an attractive location for those looking to purchase or invest in real estate.
The median home cost in Colorado City is $78,100. Home appreciation the last 10 years has been 78.0%. Home Appreciation in Colorado City is up 12.3%.
Average Age of Homes
- The median age of Colorado City real estate is 62 years old
The Rental Market in Colorado City
- Renters make up 26.2% of the Colorado City population
- 6.0% of houses and apartments in Colorado City, 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.