Zip 81321 (Cortez, CO) Housing

The housing market in 81321 Cortez, CO is booming. The median value of homes in the area is $293,400, which is significantly lower than the U.S. median value of $338,100. However, this gap has been closing over the past year due to an impressive 13.73% house appreciation rate in Cortez compared to only 8.27% nationally. This suggests that people are finding great value and opportunity for investment in Cortez real estate, making it a hot spot for aspiring homeowners or savvy investors alike.

The median home cost in Cortez (zip 81321) is $293,400. Home appreciation the last 10 years has been 97.1%. Home Appreciation in Cortez (zip 81321) is up 19.8%.

Average Age of Homes

- The median age of Cortez (zip 81321) real estate is 37 years old

The Rental Market in Cortez (zip 81321)

- Renters make up 32.2% of the Cortez (zip 81321) population
- 1.8% of houses and apartments in Cortez (zip 81321), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Cortez, Colorado	United States
	6,562.0	139,647,020.0
	43	42
	$293,400	$338,100
	19.8%	16.6%
	59.7%	57.0%
	97.1%	101.1%
	$3.98	$10.98
	$834	$2,690
	60.9%	57.4%
	12.0%	11.2%
	27.1%	31.4%
Vacant Housing
	1.8%	1.9%
	0.2%	0.4%
	1.5%	0.7%
	0.0%	0.4%
	3.6%	3.6%
	4.9%	4.1%
Value of Owner-Occupied Housing
	4.6%	2.6%
	0.0%	2.4%
	2.4%	2.8%
	0.3%	3.9%
	6.1%	4.5%
	12.7%	11.3%
	21.5%	13.0%
	24.1%	20.1%
	16.1%	13.6%
	7.1%	8.3%
	3.1%	9.7%
	1.4%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.8%	0.2%
	12.0%	13.6%
	12.0%	13.6%
	15.0%	13.6%
	13.2%	13.2%
	19.2%	14.8%
	15.0%	13.6%
	15.3%	10.0%
	7.1%	4.7%
	5.4%	12.2%

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