The housing market in 81147 Pagosa Springs, CO is a thriving one with the median value of homes being $547,500. This is significantly higher than the national median of $338,100 and indicates some prosperous growth in the area. In the last year alone, home appreciation has been on an upward climb with values increasing by 15.81%, more than double the national average of 8.27%. This rapid appreciation points to Pagosa Springs becoming a desirable place to live and invest in, making it an excellent opportunity for prospective homeowners or those looking to get into real estate.
The median home cost in Pagosa Springs (zip 81147) is $547,500. Home appreciation the last 10 years has been 118.5%. Home Appreciation in Pagosa Springs (zip 81147) is up 19.9%.
Average Age of Homes
- The median age of Pagosa Springs (zip 81147) real estate is 22 years old
The Rental Market in Pagosa Springs (zip 81147)
- Renters make up 18.0% of the Pagosa Springs (zip 81147) population
- 3.3% of houses and apartments in Pagosa Springs (zip 81147), 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.