Kit Carson County, Colorado Housing Market

In Kit Carson County, Colorado, the median home value is $239,500, with a median monthly rent of $973. This places Kit Carson County at #987 nationally out of 3134 counties by median home value, and #48 within Colorado.

Median Home Value $239,500
Median Rent $973/mo
Owner Occupancy 72.6%
Price/Rent Ratio 20.5

📈 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 Kit Carson County rose +3.4% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

2,270
jobs (private sector)
  • Avg weekly wage: $1,013
  • Establishments: 287
  • BLS QCEW, 2025
🏗️

Housing Supply

4
new units authorized (2025)
  • Single-family: 4
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+224
net migration (filers, 2021-2022)
  • Inflow: 2,879 (avg $72,064)
  • Outflow: 2,655 (avg $73,545)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Kit Carson County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 80807 279.0 -1.47% 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 Kit Carson County Compares

MetricKit Carson CountyColorado AverageU.S. Average
Median Home Value $239,500 $427,512 $227,706
Median Gross Rent $973 $1,302 $968
Owner Occupancy Rate 72.6% 71.9% 73.3%
Price/Rent Ratio 20.5 26.3 18.7

Market Analysis

The median home value in Kit Carson County is 44.0% below the Colorado state average and 5.2% above the U.S. national average. The median rent of $973/month is 25.3% below the state average.

With a price-to-rent ratio of 20.5, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Kit Carson County has an owner-occupancy rate of 72.6%, compared to 71.9% in Colorado and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Rio Grande County Colorado $239,500 $945
Salem County New Jersey $239,500 $1,253
Jackson County Colorado $239,600 $1,701
Knox County Ohio $239,400 $950
Anderson County Tennessee $239,400 $1,031

Other Counties in Colorado

CountyMedian Home ValueMedian RentOwner Occ.
Rio Grande County $239,500 $945 67.1%
Jackson County $239,600 $1,701 71.1%
Alamosa County $239,100 $907 55.9%
Las Animas County $237,600 $891 68.6%
Logan County $245,300 $1,013 66.3%

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).