Zip 81507 (Redlands, CO) Housing

The housing market in 81507 Redlands, CO is doing relatively well, with the median value at $514,000. This is much higher than the US House Median Value of $338,100. In addition to this, the US 1 year House Appreciation is 8.27%, and in 81507 Redlands it is slightly lower at 8.13%. These figures demonstrate that the housing market in 81507 Redlands has seen some significant growth over the last year, making it an attractive option for potential homebuyers.

The median home cost in Redlands (zip 81507) is $514,000. Home appreciation the last 10 years has been 110.8%. Home Appreciation in Redlands (zip 81507) is up 14.3%.

Average Age of Homes

- The median age of Redlands (zip 81507) real estate is 34 years old

The Rental Market in Redlands (zip 81507)

- Renters make up 11.2% of the Redlands (zip 81507) population
- 0.4% of houses and apartments in Redlands (zip 81507), 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	Redlands, Colorado	United States
	6,960.0	139,647,020.0
	35	42
	$514,000	$338,100
	14.3%	16.6%
	71.2%	57.0%
	110.8%	101.1%
	$3.97	$10.98
	$1,489	$2,690
	83.9%	57.4%
	7.0%	11.2%
	9.1%	31.4%
Vacant Housing
	0.4%	1.9%
	0.0%	0.4%
	0.8%	0.7%
	0.8%	0.4%
	2.8%	3.6%
	2.2%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.8%	2.4%
	0.6%	2.8%
	0.1%	3.9%
	0.4%	4.5%
	0.9%	11.3%
	4.1%	13.0%
	23.0%	20.1%
	26.6%	13.6%
	17.2%	8.3%
	19.1%	9.7%
	5.6%	3.9%
	1.6%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	21.0%	13.6%
	21.0%	13.6%
	18.3%	13.6%
	15.0%	13.2%
	22.0%	14.8%
	18.3%	13.6%
	5.3%	10.0%
	1.1%	4.7%
	4.6%	12.2%

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