The housing market in 81419 Hotchkiss, CO is booming. The median value of houses in this area is $387,900, significantly higher than the US median house value of $338,100. This is also reflected in the 1 year house appreciation rate which stands at 20.57%, far higher than the US rate of 8.27%. This suggests that now is a great time to buy property in this area as it looks set to continue increasing in value over the coming years.
The median home cost in Hotchkiss (zip 81419) is $387,900. Home appreciation the last 10 years has been 104.1%. Home Appreciation in Hotchkiss (zip 81419) is up 17.7%.
Average Age of Homes
- The median age of Hotchkiss (zip 81419) real estate is 37 years old
The Rental Market in Hotchkiss (zip 81419)
- Renters make up 25.4% of the Hotchkiss (zip 81419) population
- 1.0% of houses and apartments in Hotchkiss (zip 81419), 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.