Costilla County, Colorado Housing Market

In Costilla County, Colorado, the median home value is $184,700, with a median monthly rent of $927. This places Costilla County at #1578 nationally out of 3134 counties by median home value, and #57 within Colorado.

Median Home Value $184,700
Median Rent $927/mo
Owner Occupancy 79.0%
Price/Rent Ratio 16.6

📈 Price Trend (2017 → 2024)

ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.

📍 Economic Snapshot

💼

Employment & Wages

574
jobs (private sector)
  • Avg weekly wage: $879
  • Establishments: 97
  • BLS QCEW, 2025
🏗️

Housing Supply

114
new units authorized (2025)
  • Single-family: 114
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
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Migration Patterns

+94
net migration (filers, 2021-2022)
  • Inflow: 1,328 (avg $46,428)
  • Outflow: 1,234 (avg $46,116)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Costilla County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 81055 234.4 -6.36% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Costilla County Compares

MetricCostilla CountyColorado AverageU.S. Average
Median Home Value $184,700 $427,512 $227,706
Median Gross Rent $927 $1,302 $968
Owner Occupancy Rate 79.0% 71.9% 73.3%
Price/Rent Ratio 16.6 26.3 18.7

Market Analysis

The median home value in Costilla County is 56.8% below the Colorado state average and 18.9% below the U.S. national average. The median rent of $927/month is 28.8% below the state average.

With a price-to-rent ratio of 16.6, the buy-vs-rent decision in Costilla County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Costilla County has an owner-occupancy rate of 79.0%, 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

CountyStateMedian Home ValueMedian Rent
Yates County New York $184,700 $834
Jones County Iowa $184,800 $784
Daniels County Montana $184,800 $581
Madison County New York $184,600 $928
Polk County Texas $184,800 $987

Other Counties in Colorado

CountyMedian Home ValueMedian RentOwner Occ.
Cheyenne County $187,500 $926 72.6%
Conejos County $193,400 $748 76.5%
Otero County $168,900 $839 68.9%
Kiowa County $161,500 $800 68.7%
Prowers County $160,600 $808 67.1%

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).