Park County, Colorado Housing Market Prices
Park 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 39% below the Colorado median$292,948
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Median rent 23% above the Colorado median Among the 3 most expensive counties in Colorado$2,160
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Park County | Colorado Avg | US Average |
|---|---|---|---|
| Median Home Price | $292,948 | $484,034 | $248,835 |
| Price Trend (Annual %) | 4.7% | 10.4% | 7.5% |
| Median Gross Rent | $2,160 | $1,761 | $1,407 |
| Rent Trend (Annual %) | 8.4% | 6.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Park County is about 39% lower than in Colorado. Rent is about 23% higher 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 Park County, up about 4.7% and 8.4% a year respectively. Rent is changing faster.
Median rent in Park County rose about 98.7% between 2015 and 2024, from $1,087 to $2,160. Over the same span, rent in Colorado rose about 75.6%.
Affordability
On average, housing unit costs 2.9 yearly household incomes in Park County.
Buying the median-priced home in Park County costs roughly 11.3 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 Park County. The price-to-rent ratio in Colorado is about 22.9.
| Metric | Park County | Colorado Avg | US Average |
|---|---|---|---|
| Median Home Price | $292,948 | $484,034 | $248,835 |
| Median Household Income | $101,077 | $95,803 | $80,455 |
| Price-to-Income Ratio | 2.9 | 5.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Park County rose about 37.9%, while median household income rose about 51.1% 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 | Park County | Colorado Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 55.1% | 60.7% | 58.5% |
| Rental Rate | 8.8% | 31.0% | 31.2% |
| Vacancy Rate | 36.1% | 8.3% | 10.2% |
| Median Tenure (years) | 15.0 | 13.0 | 15.0 |
| Median Year Moved In | 2011 | 2013 | 2011 |
Park County has a homeownership rate of 55.1%, lower than the Colorado average of 60.7%. Its housing vacancy rate is 36.1%, compared with 8.3% in Colorado.
Housing Stock
| Metric | Park County | Colorado Avg | US Average |
|---|---|---|---|
| Average Household Size | 1.98 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1989 | 1985 | 1978 |
| Median Number of Rooms | 5.2 | 5.7 | 5.5 |
The typical housing unit in Park County was built around 1989. On average, 2.0 people live in a home with about 5.2 rooms, staying for about 15.0 years on average.
Park County, CO Housing Compared With Nearby Counties
How Park County, CO compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Park County, CO | 17,906 | $292,948 #3/3 | $2,160 #1/3 | 86.2% #1/3 |
| Teller County, CO | 24,825 | $446,907 | $1,880 | 81.0% |
| Summit County, CO | 31,017 | $721,081 | $1,927 | 72.1% |
Frequently Asked Questions
Common questions about the housing market in Park County, Colorado.
What is the median home price in Park County, Colorado?
The median home price in Park County, Colorado is $292,948, lower than the Colorado average of $484,034.
What is the average home price in Park County, Colorado?
The typical home price in Park County, Colorado, reported as the median sale price, is $292,948. 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 Park County, Colorado?
The median gross rent in Park County, Colorado is $2,160 per month, higher than the Colorado average of $1,761.
What was the median gross rent in Park County in 2020?
In 2020, the median gross rent in Park County, Colorado was $1,166 per month.
What is the price-to-rent ratio in Park County, Colorado?
The price-to-rent ratio in Park County, Colorado is about 11.3, meaning it would take roughly 11.3 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 Park County.
Are home prices or rent rising faster in Park County, Colorado?
Both home prices and rent are rising in Park County, up about 4.7% and 8.4% a year respectively. Rent is changing faster.
What is the homeownership rate in Park County, Colorado?
55.1% of households in Park County, Colorado own their home, lower than the Colorado average of 60.7%.
What is the vacancy rate in Park County, Colorado?
The housing vacancy rate in Park County, Colorado is 36.1%, higher than the Colorado average of 8.3%.
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