Zip 81506 (Grand Junction, CO) Housing

Housing in 81506 Grand Junction, CO is relatively higher than the US median value, with a median value of $441,200. In comparison, the median US house value is $338,100. The one year appreciation rate for houses in 81506 Grand Junction, CO is 8.13%, which is slightly lower than the US 1 year house appreciation rate of 8.27%. This means that housing prices have appreciated at a slower pace in this region compared to many other areas around the United States. Overall, housing prices in 81506 Grand Junction, CO remain relatively high and are likely to continue doing so in the near future.

The median home cost in Grand Junction (zip 81506) is $441,200. Home appreciation the last 10 years has been 110.8%. Home Appreciation in Grand Junction (zip 81506) is up 14.3%.

Average Age of Homes

- The median age of Grand Junction (zip 81506) real estate is 32 years old

The Rental Market in Grand Junction (zip 81506)

- Renters make up 29.4% of the Grand Junction (zip 81506) population
- 4.2% of houses and apartments in Grand Junction (zip 81506), 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
	5,559.0	139,647,020.0
	36	42
	$441,200	$338,100
	14.3%	16.6%
	71.2%	57.0%
	110.8%	101.1%
	$4.27	$10.98
	$1,422	$2,690
	59.0%	57.4%
	8.7%	11.2%
	32.3%	31.4%
Vacant Housing
	4.2%	1.9%
	0.5%	0.4%
	0.2%	0.7%
	0.8%	0.4%
	1.4%	3.6%
	1.6%	4.1%
Value of Owner-Occupied Housing
	0.8%	2.6%
	0.4%	2.4%
	0.2%	2.8%
	1.0%	3.9%
	0.0%	4.5%
	2.0%	11.3%
	5.2%	13.0%
	30.9%	20.1%
	28.8%	13.6%
	16.4%	8.3%
	12.1%	9.7%
	0.9%	3.9%
	1.4%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	17.9%	13.6%
	17.9%	13.6%
	15.6%	13.6%
	22.3%	13.2%
	28.8%	14.8%
	15.6%	13.6%
	1.9%	10.0%
	0.2%	4.7%
	0.2%	12.2%

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