In 80741 Merino, Colorado, the current median value for housing is $313,300. This is slightly lower than the overall US median value of $338,100. The US house appreciation rate in the past year was 8.27%, while in Merino it was much higher at 15.81%. This indicates that Merino has seen more significant growth in housing values and prices over the past year than many other areas across the country. Thus, those looking to purchase a home in this area could benefit from these trends and make an informed decision about their investment.
The median home cost in Merino (zip 80741) is $313,300. Home appreciation the last 10 years has been 118.5%. Home Appreciation in Merino (zip 80741) is up 19.9%.
Average Age of Homes
- The median age of Merino (zip 80741) real estate is 54 years old
The Rental Market in Merino (zip 80741)
- Renters make up 27.9% of the Merino (zip 80741) population
- 4.0% of houses and apartments in Merino (zip 80741), 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.