Gilpin County, Colorado Housing Market Prices
Gilpin 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 10% below the Colorado median$437,313
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Median rent 6% below the Colorado median More expensive than 73% of counties in Colorado$1,657
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Gilpin County | Colorado Avg | US Average |
|---|---|---|---|
| Median Home Price | $437,313 | $484,034 | $248,835 |
| Price Trend (Annual %) | 56.5% | 10.4% | 7.5% |
| Median Gross Rent | $1,657 | $1,761 | $1,407 |
| Rent Trend (Annual %) | 6.0% | 6.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Gilpin County is about 10% lower than in Colorado. Rent is about 6% 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 Gilpin County, up about 56.5% and 6.0% a year respectively. Home prices are changing faster.
Median rent in Gilpin County rose about 61.2% between 2015 and 2024, from $1,028 to $1,657. Over the same span, rent in Colorado rose about 75.6%.
Affordability
On average, housing unit costs 4.5 yearly household incomes in Gilpin County.
Buying the median-priced home in Gilpin County costs roughly 22.0 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 Gilpin County. The price-to-rent ratio in Colorado is about 22.9.
| Metric | Gilpin County | Colorado Avg | US Average |
|---|---|---|---|
| Median Home Price | $437,313 | $484,034 | $248,835 |
| Median Household Income | $96,259 | $95,803 | $80,455 |
| Price-to-Income Ratio | 4.5 | 5.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Gilpin County rose about 450.4%, while median household income rose about 67.9% 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 | Gilpin County | Colorado Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 72.9% | 60.7% | 58.5% |
| Rental Rate | 10.4% | 31.0% | 31.2% |
| Vacancy Rate | 16.7% | 8.3% | 10.2% |
| Median Tenure (years) | 15.0 | 13.0 | 15.0 |
| Median Year Moved In | 2011 | 2013 | 2011 |
Gilpin County has a homeownership rate of 72.9%, higher than the Colorado average of 60.7%. Its housing vacancy rate is 16.7%, compared with 8.3% in Colorado.
Housing Stock
| Metric | Gilpin County | Colorado Avg | US Average |
|---|---|---|---|
| Average Household Size | 1.86 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1980 | 1985 | 1978 |
| Median Number of Rooms | 6.2 | 5.7 | 5.5 |
The typical housing unit in Gilpin County was built around 1980. On average, 1.9 people live in a home with about 6.2 rooms, staying for about 15.0 years on average.
Gilpin County, CO Housing Compared With Nearby Counties
Gilpin County, CO is the smallest of the 5 counties compared here, 5,901 residents against a local median of 202,633. Gilpin County, CO's median home price, at $437,313, runs 32% below the $644,359 typical of the counties around it.
Homeownership tells the same story from another angle: 87.5% against a local median of 66.7%, 31% above it. The one measure here that carries a verdict is homeownership, and at 31% above the local median it puts Gilpin County, CO at the better end of the local range. The counties themselves sit within $129,871 of each other on median home price, a tighter band than the gap between any of them and Gilpin County, CO, which makes it a genuine outlier here rather than one end of a wide local spread. Gilpin County, CO has the 5th highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Gilpin County, CO | 5,901 | $437,313 #5/5 | $1,657 #5/5 | 87.5% #1/5 |
| Boulder County, CO | 328,961 | $602,884 | $1,965 | 62.0% |
| Jefferson County, CO | 579,346 | $591,210 | $1,861 | 70.7% |
| Broomfield County, CO | 76,305 | $685,833 | $2,126 | 62.7% |
| Summit County, CO | 31,017 | $721,081 | $1,927 | 72.1% |
Frequently Asked Questions
Common questions about the housing market in Gilpin County, Colorado.
What is the median home price in Gilpin County, Colorado?
The median home price in Gilpin County, Colorado is $437,313, lower than the Colorado average of $484,034.
What is the average home price in Gilpin County, Colorado?
The typical home price in Gilpin County, Colorado, reported as the median sale price, is $437,313. 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 Gilpin County, Colorado?
The median gross rent in Gilpin County, Colorado is $1,657 per month, lower than the Colorado average of $1,761.
What was the median gross rent in Gilpin County in 2020?
In 2020, the median gross rent in Gilpin County, Colorado was $1,244 per month.
What is the price-to-rent ratio in Gilpin County, Colorado?
The price-to-rent ratio in Gilpin County, Colorado is about 22.0, meaning it would take roughly 22.0 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 Gilpin County.
Are home prices or rent rising faster in Gilpin County, Colorado?
Both home prices and rent are rising in Gilpin County, up about 56.5% and 6.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Gilpin County, Colorado?
72.9% of households in Gilpin County, Colorado own their home, higher than the Colorado average of 60.7%.
What is the vacancy rate in Gilpin County, Colorado?
The housing vacancy rate in Gilpin County, Colorado is 16.7%, higher than the Colorado average of 8.3%.
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