Lake County, Colorado Housing Market

In Lake County, Colorado, the median home value is $466,100, with a median monthly rent of $1,397. This places Lake County at #168 nationally out of 3134 counties by median home value, and #27 within Colorado.

Median Home Value $466,100
Median Rent $1,397/mo
Owner Occupancy 75.6%
Price/Rent Ratio 27.8

📈 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 Lake County rose +5.9% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

2,206
jobs (private sector)
  • Avg weekly wage: $1,262
  • Establishments: 271
  • BLS QCEW, 2025
🏗️

Housing Supply

46
new units authorized (2025)
  • Single-family: 46
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+498
net migration (filers, 2021-2022)
  • Inflow: 3,317 (avg $70,974)
  • Outflow: 2,819 (avg $71,011)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 80461 419.0 +4.63% 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 Lake County Compares

MetricLake CountyColorado AverageU.S. Average
Median Home Value $466,100 $427,512 $227,706
Median Gross Rent $1,397 $1,302 $968
Owner Occupancy Rate 75.6% 71.9% 73.3%
Price/Rent Ratio 27.8 26.3 18.7

Market Analysis

The median home value in Lake County is 9.0% above the Colorado state average and 104.7% above the U.S. national average. The median rent of $1,397/month is 7.3% above the state average.

With a price-to-rent ratio of 27.8, Lake 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.

Lake County has an owner-occupancy rate of 75.6%, 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
Crook County Oregon $467,000 $1,283
Park County Montana $467,500 $976
Frederick County Maryland $464,600 $1,774
Anne Arundel County Maryland $467,900 $2,071
Clatsop County Oregon $468,300 $1,180

Other Counties in Colorado

CountyMedian Home ValueMedian RentOwner Occ.
El Paso County $461,000 $1,696 66.2%
Weld County $471,700 $1,539 76.0%
Archuleta County $478,100 $1,432 80.1%
Teller County $479,900 $1,880 81.0%
Adams County $484,200 $1,781 68.6%

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).