The housing market in 81432 Ridgway, CO is doing very well compared to the national average. The median value of housing in the area is $831,900, which is more than double the US median house value of $338,100. In addition to the above, the one year appreciation rate for houses in 81432 Ridgway, CO stands at 20.57%, a full 12.3 point higher than the US one year appreciation rate of 8.27%. With such strong housing demand and appreciation rates, this city appears to be an attractive option for potential homeowners and investors alike.
The median home cost in Ridgway (zip 81432) is $831,900. Home appreciation the last 10 years has been 104.1%. Home Appreciation in Ridgway (zip 81432) is up 17.7%.
Average Age of Homes
- The median age of Ridgway (zip 81432) real estate is 22 years old
The Rental Market in Ridgway (zip 81432)
- Renters make up 18.4% of the Ridgway (zip 81432) population
- 0.9% of houses and apartments in Ridgway (zip 81432), 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.