Conejos County, Colorado Housing Market
In Conejos County, Colorado, the median home value is $193,400, with a median monthly rent of $748. This places Conejos County at #1472 nationally out of 3134 counties by median home value, and #55 within Colorado.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $842
- Establishments: 174
- BLS QCEW, 2025
Housing Supply
- Single-family: 20
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 2,894 (avg $51,290)
- Outflow: 2,716 (avg $51,004)
- IRS Statistics of Income
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| Metric | Conejos County | Colorado Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $193,400 | $427,512 | $227,706 |
| Median Gross Rent | $748 | $1,302 | $968 |
| Owner Occupancy Rate | 76.5% | 71.9% | 73.3% |
| Price/Rent Ratio | 21.5 | 26.3 | 18.7 |
Market Analysis
The median home value in Conejos County is 54.8% below the Colorado state average and 15.1% below the U.S. national average. The median rent of $748/month is 42.5% below the state average.
With a price-to-rent ratio of 21.5, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Conejos County has an owner-occupancy rate of 76.5%, compared to 71.9% in Colorado and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Humphreys County | Tennessee | $193,400 | $862 |
| Lonoke County | Arkansas | $193,600 | $1,025 |
| St. John the Baptist Parish | Louisiana | $193,200 | $1,334 |
| Bottineau County | North Dakota | $193,200 | $796 |
| Fall River County | South Dakota | $193,200 | $931 |
Other Counties in Colorado
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Cheyenne County | $187,500 | $926 | 72.6% |
| Costilla County | $184,700 | $927 | 79.0% |
| Yuma County | $211,700 | $942 | 68.9% |
| Saguache County | $212,600 | $828 | 76.9% |
| Otero County | $168,900 | $839 | 68.9% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).