The housing market in Rio Grande, CO County is quite strong compared to the national average. The median value of homes in this county is $264,300, which is significantly lower than the US House median value of $338,100. Despite the lower price point, the house appreciation rate of Rio Grande County over the last year has been 11.78%, which is higher than the US average of 8.27%. This indicates that home values are increasing quickly in this area and it is a great time for those looking to invest in a property in Rio Grande County.
The median home cost in Rio Grande County is $264,300. Home appreciation the last 10 years has been 118.5%. Home Appreciation in Rio Grande County is up 19.9%.
Average Age of Homes
- The median age of Rio Grande County real estate is 42 years old
The Rental Market in Rio Grande County
- Renters make up 24.2% of the Rio Grande County population
- 2.0% of houses and apartments in Rio Grande 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.