Cimarron Hills, Colorado Housing Market Prices
Cimarron Hills Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 29% above the Colorado median$625,000
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Median rent 1% below the Colorado median$1,738
Housing Market Overview
| Metric | Cimarron Hills | Colorado Avg | US Average |
|---|---|---|---|
| Median Home Price | $625,000 | $484,034 | $248,835 |
| Price Trend (Annual %) | 92.5% | 10.4% | 7.5% |
| Median Gross Rent | $1,738 | $1,761 | $1,407 |
| Rent Trend (Annual %) | 5.9% | 6.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Cimarron Hills is about 29% higher than in Colorado. Rent is about 1% lower than the Colorado average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Cimarron Hills, up about 92.5% and 5.9% a year respectively. Home prices are changing faster.
Median rent in Cimarron Hills rose about 62.3% between 2015 and 2024, from $1,071 to $1,738. Over the same span, rent in Colorado rose about 75.6%.
Affordability
On average, housing unit costs 6.9 yearly household incomes in Cimarron Hills.
Buying the median-priced home in Cimarron Hills costs roughly 30.0 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Cimarron Hills. The price-to-rent ratio in Colorado is about 22.9.
| Metric | Cimarron Hills | Colorado Avg | US Average |
|---|---|---|---|
| Median Home Price | $625,000 | $484,034 | $248,835 |
| Median Household Income | $90,408 | $95,803 | $80,455 |
| Price-to-Income Ratio | 6.9 | 5.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Cimarron Hills rose about 697.3%, while median household income rose about 46.7% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Cimarron Hills | Colorado Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 65.6% | 60.7% | 58.5% |
| Rental Rate | 32.1% | 31.0% | 31.2% |
| Vacancy Rate | 2.3% | 8.3% | 10.2% |
| Median Tenure (years) | 11.0 | 13.0 | 15.0 |
| Median Year Moved In | 2015 | 2013 | 2011 |
Cimarron Hills has a homeownership rate of 65.6%, higher than the Colorado average of 60.7%. Its housing vacancy rate is 2.3%, compared with 8.3% in Colorado.
Housing Stock
| Metric | Cimarron Hills | Colorado Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.72 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1993 | 1985 | 1978 |
| Median Number of Rooms | 5.8 | 5.7 | 5.5 |
The typical housing unit in Cimarron Hills was built around 1993. On average, 2.7 people live in a home with about 5.8 rooms, staying for about 11.0 years on average.
Cimarron Hills, CO Housing Compared With Nearby Cities
How Cimarron Hills, CO compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Cimarron Hills, CO | 22,094 | $625,000 #1/3 | $1,738 #2/3 | 67.1% #2/3 |
| Colorado Springs, CO | 466,797 | $394,456 | $1,640 | 60.4% |
| Security-Widefield, CO | 32,834 | $443,321 | $1,781 | 84.7% |
Frequently Asked Questions
Common questions about the housing market in Cimarron Hills, Colorado.
What is the median home price in Cimarron Hills, Colorado?
The median home price in Cimarron Hills, Colorado is $625,000, higher than the Colorado average of $484,034.
What is the average home price in Cimarron Hills, Colorado?
The typical home price in Cimarron Hills, Colorado, reported as the median sale price, is $625,000. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Cimarron Hills, Colorado?
The median gross rent in Cimarron Hills, Colorado is $1,738 per month, lower than the Colorado average of $1,761.
What was the median gross rent in Cimarron Hills in 2020?
In 2020, the median gross rent in Cimarron Hills, Colorado was $1,200 per month.
What is the price-to-rent ratio in Cimarron Hills, Colorado?
The price-to-rent ratio in Cimarron Hills, Colorado is about 30.0, meaning it would take roughly 30.0 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Cimarron Hills.
Are home prices or rent rising faster in Cimarron Hills, Colorado?
Both home prices and rent are rising in Cimarron Hills, up about 92.5% and 5.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Cimarron Hills, Colorado?
65.6% of households in Cimarron Hills, Colorado own their home, higher than the Colorado average of 60.7%.
What is the vacancy rate in Cimarron Hills, Colorado?
The housing vacancy rate in Cimarron Hills, Colorado is 2.3%, lower than the Colorado average of 8.3%.
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