Teller County, Colorado Housing Market Prices
Teller 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 8% below the Colorado median$446,907
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Median rent 7% above the Colorado median More expensive than 86% of counties in Colorado$1,880
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Teller County | Colorado Avg | US Average |
|---|---|---|---|
| Median Home Price | $446,907 | $484,034 | $248,835 |
| Price Trend (Annual %) | 12.2% | 10.4% | 7.5% |
| Median Gross Rent | $1,880 | $1,761 | $1,407 |
| Rent Trend (Annual %) | 8.1% | 6.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Teller County is about 8% lower than in Colorado. Rent is about 7% 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 Teller County, up about 12.2% and 8.1% a year respectively. Home prices are changing faster.
Median rent in Teller County rose about 90.9% between 2015 and 2024, from $984 to $1,880. Over the same span, rent in Colorado rose about 75.6%.
Affordability
On average, housing unit costs 5.3 yearly household incomes in Teller County.
Buying the median-priced home in Teller County costs roughly 19.8 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Teller County. The price-to-rent ratio in Colorado is about 22.9.
| Metric | Teller County | Colorado Avg | US Average |
|---|---|---|---|
| Median Home Price | $446,907 | $484,034 | $248,835 |
| Median Household Income | $84,363 | $95,803 | $80,455 |
| Price-to-Income Ratio | 5.3 | 5.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Teller County rose about 131.9%, while median household income rose about 32.8% 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 | Teller County | Colorado Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 70.2% | 60.7% | 58.5% |
| Rental Rate | 16.5% | 31.0% | 31.2% |
| Vacancy Rate | 13.3% | 8.3% | 10.2% |
| Median Tenure (years) | 13.0 | 13.0 | 15.0 |
| Median Year Moved In | 2013 | 2013 | 2011 |
Teller County has a homeownership rate of 70.2%, higher than the Colorado average of 60.7%. Its housing vacancy rate is 13.3%, compared with 8.3% in Colorado.
Housing Stock
| Metric | Teller County | Colorado Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.08 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1987 | 1985 | 1978 |
| Median Number of Rooms | 5.7 | 5.7 | 5.5 |
The typical housing unit in Teller County was built around 1987. On average, 2.1 people live in a home with about 5.7 rooms, staying for about 13.0 years on average.
Teller County, CO Housing Compared With Nearby Counties
Teller County, CO is the 5th largest of the 6 counties compared here, 24,825 residents against a local median of 377,140. Nothing separates Teller County, CO sharply from the counties around it. Each measure below lands within 15% of the local median, close enough that the differences are within what survey sampling alone would produce.
The largest of those small differences is homeownership, 7% above the local median at 81.0% against 75.6%. Teller County, CO has the 2nd highest homeownership of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Teller County, CO | 24,825 | $446,907 #4/6 | $1,880 #3/6 | 81.0% #2/6 |
| Fremont County, CO | 49,630 | $182,197 | $1,070 | 75.6% |
| Douglas County, CO | 377,140 | $701,148 | $2,192 | 77.4% |
| Park County, CO | 17,906 | $292,948 | $2,160 | 86.2% |
| El Paso County, CO | 742,974 | $449,839 | $1,696 | 66.2% |
| Jefferson County, CO | 579,346 | $591,210 | $1,861 | 70.7% |
Frequently Asked Questions
Common questions about the housing market in Teller County, Colorado.
What is the median home price in Teller County, Colorado?
The median home price in Teller County, Colorado is $446,907, lower than the Colorado average of $484,034.
What is the average home price in Teller County, Colorado?
The typical home price in Teller County, Colorado, reported as the median sale price, is $446,907. 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 Teller County, Colorado?
The median gross rent in Teller County, Colorado is $1,880 per month, higher than the Colorado average of $1,761.
What was the median gross rent in Teller County in 2020?
In 2020, the median gross rent in Teller County, Colorado was $1,107 per month.
What is the price-to-rent ratio in Teller County, Colorado?
The price-to-rent ratio in Teller County, Colorado is about 19.8, meaning it would take roughly 19.8 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Teller County.
Are home prices or rent rising faster in Teller County, Colorado?
Both home prices and rent are rising in Teller County, up about 12.2% and 8.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Teller County, Colorado?
70.2% of households in Teller County, Colorado own their home, higher than the Colorado average of 60.7%.
What is the vacancy rate in Teller County, Colorado?
The housing vacancy rate in Teller County, Colorado is 13.3%, higher than the Colorado average of 8.3%.
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