Costilla County, Colorado Housing Market Prices
Costilla County 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.
-
Median home price 54% below the Colorado median Cheaper than 71% of counties in Colorado$224,999
-
Median rent 47% below the Colorado median Cheaper than 79% of counties in Colorado$926
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Costilla County | Colorado Avg | US Average |
|---|---|---|---|
| Median Home Price | $224,999 | $484,034 | $248,835 |
| Price Trend (Annual %) | -4.0% | 10.4% | 7.5% |
| Median Gross Rent | $926 | $1,761 | $1,407 |
| Rent Trend (Annual %) | 7.2% | 6.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Costilla County is about 54% lower than in Colorado. Rent is about 47% lower than the Colorado average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Costilla County: home prices fell about 4.0% a year while rent rose about 7.2% a year. That is an unusual pattern worth watching.
Median rent in Costilla County rose about 84.5% between 2015 and 2024, from $502 to $926. Over the same span, rent in Colorado rose about 75.6%.
Affordability
On average, housing unit costs 6.0 yearly household incomes in Costilla County.
Buying the median-priced home in Costilla County costs roughly 20.2 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 Costilla County. The price-to-rent ratio in Colorado is about 22.9.
| Metric | Costilla County | Colorado Avg | US Average |
|---|---|---|---|
| Median Home Price | $224,999 | $484,034 | $248,835 |
| Median Household Income | $37,752 | $95,803 | $80,455 |
| Price-to-Income Ratio | 6.0 | 5.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Costilla County fell about 35.7%, while median household income rose about 62.2% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Costilla County | Colorado Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 53.6% | 60.7% | 58.5% |
| Rental Rate | 14.2% | 31.0% | 31.2% |
| Vacancy Rate | 32.1% | 8.3% | 10.2% |
| Median Tenure (years) | 16.0 | 13.0 | 15.0 |
| Median Year Moved In | 2010 | 2013 | 2011 |
Costilla County has a homeownership rate of 53.6%, lower than the Colorado average of 60.7%. Its housing vacancy rate is 32.1%, compared with 8.3% in Colorado.
Housing Stock
| Metric | Costilla County | Colorado Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.17 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1979 | 1985 | 1978 |
| Median Number of Rooms | 4.9 | 5.7 | 5.5 |
The typical housing unit in Costilla County was built around 1979. On average, 2.2 people live in a home with about 4.9 rooms, staying for about 16.0 years on average.
Costilla County, CO Housing Compared With Nearby Counties
How Costilla County, CO compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Costilla County, CO | 3,607 | $224,999 #2/2 | $926 #2/2 | 79.0% #1/2 |
| Taos County, NM | 34,542 | $333,329 | $1,034 | 77.6% |
Frequently Asked Questions
Common questions about the housing market in Costilla County, Colorado.
What is the median home price in Costilla County, Colorado?
The median home price in Costilla County, Colorado is $224,999, lower than the Colorado average of $484,034.
What is the average home price in Costilla County, Colorado?
The typical home price in Costilla County, Colorado, reported as the median sale price, is $224,999. 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 Costilla County, Colorado?
The median gross rent in Costilla County, Colorado is $926 per month, lower than the Colorado average of $1,761.
What was the median gross rent in Costilla County in 2020?
In 2020, the median gross rent in Costilla County, Colorado was $568 per month.
What is the price-to-rent ratio in Costilla County, Colorado?
The price-to-rent ratio in Costilla County, Colorado is about 20.2, meaning it would take roughly 20.2 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 Costilla County.
Are home prices or rent rising faster in Costilla County, Colorado?
Home prices and rent are moving in opposite directions in Costilla County: home prices fell about 4.0% a year while rent rose about 7.2% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Costilla County, Colorado?
53.6% of households in Costilla County, Colorado own their home, lower than the Colorado average of 60.7%.
What is the vacancy rate in Costilla County, Colorado?
The housing vacancy rate in Costilla County, Colorado is 32.1%, higher than the Colorado average of 8.3%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →