The housing market in 81131 Crestone, CO is booming. The median value of homes in the area is $315,400, which is lower than the US house median value of $338,100. However, the year-over-year appreciation rate in Crestone is higher than the national average at 15.81%, compared to 8.27% across the US. Therefore, investing in housing in 81131 Crestone presents an excellent opportunity for buyers who want to take advantage of a rapidly appreciating market.
The median home cost in Crestone (zip 81131) is $315,400. Home appreciation the last 10 years has been 118.5%. Home Appreciation in Crestone (zip 81131) is up 19.9%.
Average Age of Homes
- The median age of Crestone (zip 81131) real estate is 19 years old
The Rental Market in Crestone (zip 81131)
- Renters make up 20.5% of the Crestone (zip 81131) population
- 1.9% of houses and apartments in Crestone (zip 81131), 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.