The housing market in Limon, Colorado (80828) is significantly more affordable than the US median. The median value of a house in 80828 is $250,100, which is over 25% lower than the US median value of $338,100. Despite this large difference, the appreciation rate for houses in Limon was only slightly lower than the national average at 7.69%, compared to 8.27%. This suggests that home values in 80828 are increasing at a steady and healthy rate, making it an attractive location for potential homebuyers looking for affordability combined with stability.
The median home cost in Limon (zip 80828) is $250,100. Home appreciation the last 10 years has been 133.9%. Home Appreciation in Limon (zip 80828) is up 16.5%.
Average Age of Homes
- The median age of Limon (zip 80828) real estate is 40 years old
The Rental Market in Limon (zip 80828)
- Renters make up 33.3% of the Limon (zip 80828) population
- 1.2% of houses and apartments in Limon (zip 80828), 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.