La Plata County, Colorado Housing Market Prices
La Plata 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 32% above the Colorado median More expensive than 83% of counties in Colorado$636,797
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Median rent 15% below the Colorado median$1,504
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | La Plata County | Colorado Avg | US Average |
|---|---|---|---|
| Median Home Price | $636,797 | $484,034 | $248,835 |
| Price Trend (Annual %) | 17.0% | 10.4% | 7.5% |
| Median Gross Rent | $1,504 | $1,761 | $1,407 |
| Rent Trend (Annual %) | 5.0% | 6.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in La Plata County is about 32% higher than in Colorado. Rent is about 15% 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 La Plata County, up about 17.0% and 5.0% a year respectively. Home prices are changing faster.
Median rent in La Plata County rose about 53.0% between 2015 and 2024, from $983 to $1,504. Over the same span, rent in Colorado rose about 75.6%.
Affordability
On average, housing unit costs 7.4 yearly household incomes in La Plata County.
Buying the median-priced home in La Plata County costs roughly 35.3 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 La Plata County. The price-to-rent ratio in Colorado is about 22.9.
| Metric | La Plata County | Colorado Avg | US Average |
|---|---|---|---|
| Median Home Price | $636,797 | $484,034 | $248,835 |
| Median Household Income | $85,775 | $95,803 | $80,455 |
| Price-to-Income Ratio | 7.4 | 5.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in La Plata County rose about 225.6%, while median household income rose about 51.1% 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 | La Plata County | Colorado Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 59.6% | 60.7% | 58.5% |
| Rental Rate | 24.4% | 31.0% | 31.2% |
| Vacancy Rate | 15.9% | 8.3% | 10.2% |
| Median Tenure (years) | 14.0 | 13.0 | 15.0 |
| Median Year Moved In | 2012 | 2013 | 2011 |
La Plata County has a homeownership rate of 59.6%, lower than the Colorado average of 60.7%. Its housing vacancy rate is 15.9%, compared with 8.3% in Colorado.
Housing Stock
| Metric | La Plata County | Colorado Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.24 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1990 | 1985 | 1978 |
| Median Number of Rooms | 5.2 | 5.7 | 5.5 |
The typical housing unit in La Plata County was built around 1990. On average, 2.2 people live in a home with about 5.2 rooms, staying for about 14.0 years on average.
Frequently Asked Questions
Common questions about the housing market in La Plata County, Colorado.
What is the median home price in La Plata County, Colorado?
The median home price in La Plata County, Colorado is $636,797, higher than the Colorado average of $484,034.
What is the average home price in La Plata County, Colorado?
The typical home price in La Plata County, Colorado, reported as the median sale price, is $636,797. 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 La Plata County, Colorado?
The median gross rent in La Plata County, Colorado is $1,504 per month, lower than the Colorado average of $1,761.
What was the median gross rent in La Plata County in 2020?
In 2020, the median gross rent in La Plata County, Colorado was $1,194 per month.
What is the price-to-rent ratio in La Plata County, Colorado?
The price-to-rent ratio in La Plata County, Colorado is about 35.3, meaning it would take roughly 35.3 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 La Plata County.
Are home prices or rent rising faster in La Plata County, Colorado?
Both home prices and rent are rising in La Plata County, up about 17.0% and 5.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in La Plata County, Colorado?
59.6% of households in La Plata County, Colorado own their home, lower than the Colorado average of 60.7%.
What is the vacancy rate in La Plata County, Colorado?
The housing vacancy rate in La Plata County, Colorado is 15.9%, higher than the Colorado average of 8.3%.
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