Kit Carson County, Colorado Housing Market Prices
Kit Carson 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 90% below the Colorado median Among the top 5 cheapest counties in Colorado$47,222
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Median rent 45% below the Colorado median Cheaper than 70% of counties in Colorado$972
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Kit Carson County | Colorado Avg | US Average |
|---|---|---|---|
| Median Home Price | $47,222 | $484,034 | $248,835 |
| Price Trend (Annual %) | -17.7% | 10.4% | 7.5% |
| Median Gross Rent | $972 | $1,761 | $1,407 |
| Rent Trend (Annual %) | 3.3% | 6.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Kit Carson County is about 90% lower than in Colorado. Rent is about 45% lower than the Colorado average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2021
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Kit Carson County: home prices fell about 17.7% a year while rent rose about 3.3% a year. That is an unusual pattern worth watching.
Median rent in Kit Carson County rose about 44.9% between 2015 and 2024, from $671 to $972. Over the same span, rent in Colorado rose about 75.6%.
Affordability
On average, housing unit costs 0.8 yearly household incomes in Kit Carson County.
Buying the median-priced home in Kit Carson County costs roughly 4.0 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Kit Carson County. The price-to-rent ratio in Colorado is about 22.9.
| Metric | Kit Carson County | Colorado Avg | US Average |
|---|---|---|---|
| Median Home Price | $47,222 | $484,034 | $248,835 |
| Median Household Income | $59,053 | $95,803 | $80,455 |
| Price-to-Income Ratio | 0.8 | 5.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2021, the median home price in Kit Carson County fell about 61.6%, while median household income rose about 36.9% 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 | Kit Carson County | Colorado Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 59.7% | 60.7% | 58.5% |
| Rental Rate | 27.7% | 31.0% | 31.2% |
| Vacancy Rate | 12.6% | 8.3% | 10.2% |
| Median Tenure (years) | 17.0 | 13.0 | 15.0 |
| Median Year Moved In | 2009 | 2013 | 2011 |
Kit Carson County has a homeownership rate of 59.7%, lower than the Colorado average of 60.7%. Its housing vacancy rate is 12.6%, compared with 8.3% in Colorado.
Housing Stock
| Metric | Kit Carson County | Colorado Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.21 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1968 | 1985 | 1978 |
| Median Number of Rooms | 6.2 | 5.7 | 5.5 |
The typical housing unit in Kit Carson County was built around 1968. On average, 2.2 people live in a home with about 6.2 rooms, staying for about 17.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Kit Carson County, Colorado.
What is the median home price in Kit Carson County, Colorado?
The median home price in Kit Carson County, Colorado is $47,222, lower than the Colorado average of $484,034.
What is the average home price in Kit Carson County, Colorado?
The typical home price in Kit Carson County, Colorado, reported as the median sale price, is $47,222. 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 Kit Carson County, Colorado?
The median gross rent in Kit Carson County, Colorado is $972 per month, lower than the Colorado average of $1,761.
What was the median gross rent in Kit Carson County in 2020?
In 2020, the median gross rent in Kit Carson County, Colorado was $803 per month.
What is the price-to-rent ratio in Kit Carson County, Colorado?
The price-to-rent ratio in Kit Carson County, Colorado is about 4.0, meaning it would take roughly 4.0 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Kit Carson County.
Are home prices or rent rising faster in Kit Carson County, Colorado?
Home prices and rent are moving in opposite directions in Kit Carson County: home prices fell about 17.7% a year while rent rose about 3.3% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Kit Carson County, Colorado?
59.7% of households in Kit Carson County, Colorado own their home, lower than the Colorado average of 60.7%.
What is the vacancy rate in Kit Carson County, Colorado?
The housing vacancy rate in Kit Carson County, Colorado is 12.6%, higher than the Colorado average of 8.3%.
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