Zip 81503 (Grand Junction, CO) Housing

The housing market in 81503 Grand Junction, CO is doing quite well compared to the national average. The median value of housing in 81503 Grand Junction, CO is $343,100, which is slightly higher than the US House Median Value of $338,100. Additionally, the one-year appreciation rate for homes in 81503 Grand Junction, CO is 8.13%, while the US one-year house appreciation rate is 8.27%. This indicates that houses in 81503 Grand Junction, CO have held their value well and are slightly outperforming the national average.

The median home cost in Grand Junction (zip 81503) is $343,100. Home appreciation the last 10 years has been 110.8%. Home Appreciation in Grand Junction (zip 81503) is up 14.3%.

Average Age of Homes

- The median age of Grand Junction (zip 81503) real estate is 34 years old

The Rental Market in Grand Junction (zip 81503)

- Renters make up 25.8% of the Grand Junction (zip 81503) population
- 0.0% of houses and apartments in Grand Junction (zip 81503), 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
	6,499.0	139,647,020.0
	40	42
	$343,100	$338,100
	14.3%	16.6%
	71.2%	57.0%
	110.8%	101.1%
	$5.01	$10.98
	$1,208	$2,690
	70.0%	57.4%
	6.7%	11.2%
	23.3%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.8%	0.7%
	0.7%	0.4%
	1.5%	3.6%
	3.6%	4.1%
Value of Owner-Occupied Housing
	2.1%	2.6%
	0.4%	2.4%
	0.4%	2.8%
	0.4%	3.9%
	1.1%	4.5%
	8.4%	11.3%
	19.5%	13.0%
	35.6%	20.1%
	16.4%	13.6%
	8.9%	8.3%
	5.6%	9.7%
	0.6%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	24.5%	13.6%
	24.5%	13.6%
	11.6%	13.6%
	10.7%	13.2%
	21.0%	14.8%
	11.6%	13.6%
	11.8%	10.0%
	6.6%	4.7%
	2.7%	12.2%

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