Gilpin County, Colorado Housing Market

In Gilpin County, Colorado, the median home value is $573,900, with a median monthly rent of $1,658. This places Gilpin County at #93 nationally out of 3134 counties by median home value, and #18 within Colorado.

Median Home Value $573,900
Median Rent $1,658/mo
Owner Occupancy 87.5%
Price/Rent Ratio 28.8

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Gilpin County rose +0.8% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

4,296
jobs (private sector)
  • Avg weekly wage: $1,305
  • Establishments: 209
  • BLS QCEW, 2025
🏗️

Housing Supply

22
new units authorized (2025)
  • Single-family: 22
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+283
net migration (filers, 2021-2022)
  • Inflow: 2,613 (avg $102,648)
  • Outflow: 2,330 (avg $104,266)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 80422 254.3 -1.26% 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 Gilpin County Compares

MetricGilpin CountyColorado AverageU.S. Average
Median Home Value $573,900 $427,512 $227,706
Median Gross Rent $1,658 $1,302 $968
Owner Occupancy Rate 87.5% 71.9% 73.3%
Price/Rent Ratio 28.8 26.3 18.7

Market Analysis

The median home value in Gilpin County is 34.2% above the Colorado state average and 152.0% above the U.S. national average. The median rent of $1,658/month is 27.3% above the state average.

With a price-to-rent ratio of 28.8, Gilpin County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.

Gilpin County has an owner-occupancy rate of 87.5%, 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

CountyStateMedian Home ValueMedian Rent
Fauquier County Virginia $573,700 $1,613
Suffolk County New York $578,400 $2,255
Larimer County Colorado $569,100 $1,716
Morris County New Jersey $582,500 $1,904
Whatcom County Washington $585,800 $1,555

Other Counties in Colorado

CountyMedian Home ValueMedian RentOwner Occ.
Larimer County $569,100 $1,716 64.0%
Arapahoe County $561,200 $1,891 64.7%
La Plata County $591,500 $1,504 70.9%
Grand County $601,500 $1,493 73.4%
Clear Creek County $608,500 $1,467 81.6%

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).