The housing in Pitkin, CO County is incredibly expensive compared to the national average. The median value for a house in this county is $1,951,800, which is more than five times higher than the US median of $338,100. In the past year alone, the US has seen an appreciation rate of 8.27%, while Pitkin County has experienced an even greater increase at 13.45%. This shows that housing prices in this county are continuing to rise at an impressive rate and that investors and homebuyers should take advantage of this trend while they can.
The median home cost in Pitkin County is $1,951,800. Home appreciation the last 10 years has been 116.4%. Home Appreciation in Pitkin County is up 19.7%.
Average Age of Homes
- The median age of Pitkin County real estate is 32 years old
The Rental Market in Pitkin County
- Renters make up 18.6% of the Pitkin County population
- 5.3% of houses and apartments in Pitkin County, 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.