Zip 81501 (Grand Junction, CO) Housing

The housing market in 81501 Grand Junction, CO is doing fairly well compared to the rest of the United States. The median housing value in this area is $303,500, which is slightly lower than the US median house value of $338,100. Nevertheless, the 1 year appreciation rate for houses in 81501 Grand Junction is 8.13%, almost identical to the national average of 8.27%. This indicates that the local housing market is keeping up with overall US trends and should continue to appreciate over time.

The median home cost in Grand Junction (zip 81501) is $303,500. Home appreciation the last 10 years has been 110.8%. Home Appreciation in Grand Junction (zip 81501) is up 14.3%.

Average Age of Homes

- The median age of Grand Junction (zip 81501) real estate is 48 years old

The Rental Market in Grand Junction (zip 81501)

- Renters make up 51.8% of the Grand Junction (zip 81501) population
- 1.2% of houses and apartments in Grand Junction (zip 81501), 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	Grand Junction, Colorado	United States
	11,174.0	139,647,020.0
	51	42
	$303,500	$338,100
	14.3%	16.6%
	71.2%	57.0%
	110.8%	101.1%
	$4.31	$10.98
	$930	$2,690
	41.6%	57.4%
	5.7%	11.2%
	52.7%	31.4%
Vacant Housing
	1.2%	1.9%
	0.3%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.6%	3.6%
	3.7%	4.1%
Value of Owner-Occupied Housing
	2.7%	2.6%
	0.8%	2.4%
	0.8%	2.8%
	1.4%	3.9%
	0.6%	4.5%
	11.2%	11.3%
	24.6%	13.0%
	38.5%	20.1%
	13.5%	13.6%
	2.2%	8.3%
	0.5%	9.7%
	1.9%	3.9%
	0.0%	2.2%
	0.7%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.7%	13.6%
	8.7%	13.6%
	7.7%	13.6%
	7.0%	13.2%
	19.6%	14.8%
	7.7%	13.6%
	15.3%	10.0%
	4.3%	4.7%
	20.8%	12.2%

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