Grand County, Colorado Housing Market

In Grand County, Colorado, the median home value is $601,500, with a median monthly rent of $1,493. This places Grand County at #84 nationally out of 3134 counties by median home value, and #16 within Colorado.

Median Home Value $601,500
Median Rent $1,493/mo
Owner Occupancy 73.4%
Price/Rent Ratio 33.6

📈 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 Grand County rose +2.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

6,578
jobs (private sector)
  • Avg weekly wage: $990
  • Establishments: 945
  • BLS QCEW, 2025
🏗️

Housing Supply

311
new units authorized (2025)
  • Single-family: 221
  • Multi-family: 90
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1058
net migration (filers, 2021-2022)
  • Inflow: 7,235 (avg $122,397)
  • Outflow: 6,177 (avg $122,740)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 6 active ZIP codes in Grand County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 80442 337.3 — 2025
2 80459 383.5 +10.90% 2025
3 80446 267.1 -9.41% 2025
4 80498 310.2 -8.57% 2025
5 80447 325.3 -1.10% 2025
6 80478 240.5 +24.52% 2022

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 Grand County Compares

MetricGrand CountyColorado AverageU.S. Average
Median Home Value $601,500 $427,512 $227,706
Median Gross Rent $1,493 $1,302 $968
Owner Occupancy Rate 73.4% 71.9% 73.3%
Price/Rent Ratio 33.6 26.3 18.7

Market Analysis

The median home value in Grand County is 40.7% above the Colorado state average and 164.2% above the U.S. national average. The median rent of $1,493/month is 14.7% above the state average.

With a price-to-rent ratio of 33.6, Grand 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.

Grand County has an owner-occupancy rate of 73.4%, 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
Howard County Maryland $597,900 $2,099
Monmouth County New Jersey $606,100 $1,827
Rockland County New York $596,900 $1,901
Clear Creek County Colorado $608,500 $1,467
Newport County Rhode Island $609,700 $1,713

Other Counties in Colorado

CountyMedian Home ValueMedian RentOwner Occ.
Clear Creek County $608,500 $1,467 81.6%
La Plata County $591,500 $1,504 70.9%
Denver County $616,000 $1,831 48.8%
Gunnison County $621,800 $1,252 66.8%
Gilpin County $573,900 $1,658 87.5%

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).