The housing market in Breckenridge, CO Metro Area is thriving. The median value of a home in the area is $962,600, which is significantly higher than the U.S. median value of $338,100. This indicates that the demand for property in this area is very high. In addition to this, the one-year house appreciation rate for Breckenridge was 7.69%, slightly lower than the national average of 8.27%. This indicates that home values are continuing to rise in the area but at a slower pace than other parts of the country. With its strong economy and desirable location, Breckenridge remains an attractive option for those looking for real estate investments or new homes.
The median home cost in Breckenridge Metro Area is $962,600. Home appreciation the last 10 years has been 147.2%. Home Appreciation in Breckenridge Metro Area is up 16.7%.
Average Age of Homes
- The median age of Breckenridge Metro Area real estate is 30 years old
The Rental Market in Breckenridge Metro Area
- Renters make up 11.2% of the Breckenridge Metro Area population
- 4.9% of houses and apartments in Breckenridge Metro Area, 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.