The median value of housing in Colorado City, TX (79512) is $79,400, which is far less than the US median housing value of $338,100. The US housing appreciation rate was 8.27% in the last year, while Colorado City appreciated at a rate of 7.07%, slightly lower than the national rate. Despite this lower growth rate, Colorado City remains an attractive location for those looking to purchase property or invest in real estate due to its relatively low cost compared to other cities across the United States.
The median home cost in Colorado City (zip 79512) is $79,400. Home appreciation the last 10 years has been 78.0%. Home Appreciation in Colorado City (zip 79512) is up 12.3%.
Average Age of Homes
- The median age of Colorado City (zip 79512) real estate is 56 years old
The Rental Market in Colorado City (zip 79512)
- Renters make up 18.6% of the Colorado City (zip 79512) population
- 4.1% of houses and apartments in Colorado City (zip 79512), 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.