The town of Arboles, Colorado has seen substantial growth in the housing market over the past year. The median value of homes in the area is currently sitting at $261,400 and is much lower than the national average of $338,100. This is likely due to a lower cost of living and lower taxes compared to other areas around the US. In addition, Arboles experienced a 1 year house appreciation rate of 15.81%, which is much higher than the national average of 8.27%. This shows that there are many investment opportunities available in the area for those looking to purchase a home in Arboles.
The median home cost in Arboles is $261,400. Home appreciation the last 10 years has been 118.5%. Home Appreciation in Arboles is up 19.9%.
Average Age of Homes
- The median age of Arboles real estate is 29 years old
The Rental Market in Arboles
- Renters make up 13.5% of the Arboles population
- 1.6% of houses and apartments in Arboles, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.