Custer County, Colorado Housing Market Prices
Custer 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.
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Median home price 28% below the Colorado median$350,000
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Median rent 39% below the Colorado median$1,069
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Custer County | Colorado Avg | US Average |
|---|---|---|---|
| Median Home Price | $350,000 | $484,034 | $248,835 |
| Price Trend (Annual %) | 6.0% | 10.4% | 7.5% |
| Median Gross Rent | $1,069 | $1,761 | $1,407 |
| Rent Trend (Annual %) | 5.4% | 6.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Custer County is about 28% lower than in Colorado. Rent is about 39% 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 Custer County, up about 6.0% and 5.4% a year respectively. Home prices are changing faster.
Median rent in Custer County rose about 47.3% between 2015 and 2024, from $725 to $1,069. Over the same span, rent in Colorado rose about 75.6%.
Affordability
On average, housing unit costs 4.8 yearly household incomes in Custer County.
Buying the median-priced home in Custer County costs roughly 27.3 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 Custer County. The price-to-rent ratio in Colorado is about 22.9.
| Metric | Custer County | Colorado Avg | US Average |
|---|---|---|---|
| Median Home Price | $350,000 | $484,034 | $248,835 |
| Median Household Income | $72,416 | $95,803 | $80,455 |
| Price-to-Income Ratio | 4.8 | 5.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Custer County rose about 110.8%, while median household income rose about 50.4% 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 | Custer County | Colorado Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 49.2% | 60.7% | 58.5% |
| Rental Rate | 8.5% | 31.0% | 31.2% |
| Vacancy Rate | 42.3% | 8.3% | 10.2% |
| Median Tenure (years) | 16.0 | 13.0 | 15.0 |
| Median Year Moved In | 2010 | 2013 | 2011 |
Custer County has a homeownership rate of 49.2%, lower than the Colorado average of 60.7%. Its housing vacancy rate is 42.3%, compared with 8.3% in Colorado.
Housing Stock
| Metric | Custer County | Colorado Avg | US Average |
|---|---|---|---|
| Average Household Size | 1.95 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1991 | 1985 | 1978 |
| Median Number of Rooms | 5.1 | 5.7 | 5.5 |
The typical housing unit in Custer County was built around 1991. On average, 2.0 people live in a home with about 5.1 rooms, staying for about 16.0 years on average.
Custer County, CO Housing Compared With Nearby Counties
How Custer County, CO compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Custer County, CO | 5,247 | $350,000 #2/3 | $1,069 #3/3 | 85.3% #1/3 |
| Fremont County, CO | 49,630 | $182,197 | $1,070 | 75.6% |
| Teller County, CO | 24,825 | $446,907 | $1,880 | 81.0% |
Frequently Asked Questions
Common questions about the housing market in Custer County, Colorado.
What is the median home price in Custer County, Colorado?
The median home price in Custer County, Colorado is $350,000, lower than the Colorado average of $484,034.
What is the average home price in Custer County, Colorado?
The typical home price in Custer County, Colorado, reported as the median sale price, is $350,000. 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 Custer County, Colorado?
The median gross rent in Custer County, Colorado is $1,069 per month, lower than the Colorado average of $1,761.
What was the median gross rent in Custer County in 2020?
In 2020, the median gross rent in Custer County, Colorado was $655 per month.
What is the price-to-rent ratio in Custer County, Colorado?
The price-to-rent ratio in Custer County, Colorado is about 27.3, meaning it would take roughly 27.3 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 Custer County.
Are home prices or rent rising faster in Custer County, Colorado?
Both home prices and rent are rising in Custer County, up about 6.0% and 5.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Custer County, Colorado?
49.2% of households in Custer County, Colorado own their home, lower than the Colorado average of 60.7%.
What is the vacancy rate in Custer County, Colorado?
The housing vacancy rate in Custer County, Colorado is 42.3%, higher than the Colorado average of 8.3%.
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