Rio Grande County, Colorado Housing Data

Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$353,855
$781

Housing Market Overview

Metric Rio Grande County Colorado Avg US Average
Median Home Price $353,855 $480,058 $242,182
Price Trend (Annual %) 7.7% 11.8% 8.2%
Median Gross Rent $781 $1,692 $1,342
Rent Trend (Annual %) 4.7% 7.0% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Rio Grande County
Colorado
United States
Year Rio Grande County Colorado United States
Median Rent Over Time
Rio Grande County
Colorado
United States
Year Rio Grande County Colorado United States

Affordability

On average, housing unit costs 5.5 yearly household incomes in Rio Grande County.

Metric Rio Grande County Colorado Avg US Average
Median Home Price $353,855 $480,058 $242,182
Median Household Income $63,885 $93,055 $78,145
Price-to-Income Ratio 5.5 5.2 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Rio Grande County Colorado Avg US Average
Homeownership Rate 52.4% 60.6% 58.2%
Rental Rate 24.2% 30.8% 31.3%
Vacancy Rate 23.5% 8.6% 10.6%
Median Tenure (years) 14.0 12.0 14.0
Median Year Moved In 2011 2013 2011

Housing Stock

Metric Rio Grande County Colorado Avg US Average
Average Household Size 2.21 people 2.45 people 2.54 people
Median Structure Built Year 1976 1984 1978
Median Number of Rooms 5.2 5.2 5.0