The housing market in 81428 Paonia, CO is significantly stronger than the national average. The median value for the housing in 81428 Paonia is $389,400 while the US median value is $338,100. Furthermore, over the past year, the US house appreciation rate was 8.27% while in 81428 Paonia it was 20.57%, showing an even greater strength in this market compared to the national average. This indicates that homes in 81428 Paonia are appreciating faster and at a greater rate than many other areas across the country.
The median home cost in Paonia (zip 81428) is $389,400. Home appreciation the last 10 years has been 104.1%. Home Appreciation in Paonia (zip 81428) is up 17.7%.
Average Age of Homes
- The median age of Paonia (zip 81428) real estate is 44 years old
The Rental Market in Paonia (zip 81428)
- Renters make up 22.5% of the Paonia (zip 81428) population
- 1.3% of houses and apartments in Paonia (zip 81428), 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.