The housing market in 81303 Durango, CO is booming. The median value of homes in the area is $590,400, which is nearly double the US median value of $338,100. Furthermore, the appreciation rate of homes over the past year has been 13.73%, compared to 8.27% nationally, suggesting that housing demand for 81303 Durango is particularly strong. With this high appreciation rate and healthy median value, it appears as though 81303 Durango will continue to be a desirable address for its residents moving forward.
The median home cost in Durango (zip 81303) is $590,400. Home appreciation the last 10 years has been 97.1%. Home Appreciation in Durango (zip 81303) is up 19.8%.
Average Age of Homes
- The median age of Durango (zip 81303) real estate is 28 years old
The Rental Market in Durango (zip 81303)
- Renters make up 24.7% of the Durango (zip 81303) population
- 0.3% of houses and apartments in Durango (zip 81303), 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.