Mesa County, Colorado Housing Market

In Mesa County, Colorado, the median home value is $378,600, with a median monthly rent of $1,182. This places Mesa County at #343 nationally out of 3134 counties by median home value, and #34 within Colorado.

Median Home Value $378,600
Median Rent $1,182/mo
Owner Occupancy 72.5%
Price/Rent Ratio 26.7

📈 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 Mesa County rose +3.2% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

56,117
jobs (private sector)
  • Avg weekly wage: $1,114
  • Establishments: 5,559
  • BLS QCEW, 2025
🏗️

Housing Supply

810
new units authorized (2025)
  • Single-family: 693
  • Multi-family: 117
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+4581
net migration (filers, 2021-2022)
  • Inflow: 66,616 (avg $77,931)
  • Outflow: 62,035 (avg $78,194)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Mesa County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 81527 291.9 — 2025
2 81524 328.1 -5.02% 2025
3 81521 353.7 +5.08% 2025
4 81526 389.4 +0.53% 2025
5 81506 289.5 +3.71% 2025
6 81520 319.5 +9.27% 2025
7 81507 303.9 +0.07% 2025
8 81504 307.1 +5.29% 2025
9 81505 296.9 -0.13% 2025
10 81501 352.3 +4.97% 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 Mesa County Compares

MetricMesa CountyColorado AverageU.S. Average
Median Home Value $378,600 $427,512 $227,706
Median Gross Rent $1,182 $1,302 $968
Owner Occupancy Rate 72.5% 71.9% 73.3%
Price/Rent Ratio 26.7 26.3 18.7

Market Analysis

The median home value in Mesa County is 11.4% below the Colorado state average and 66.3% above the U.S. national average. The median rent of $1,182/month is 9.2% below the state average.

With a price-to-rent ratio of 26.7, Mesa 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.

Mesa County has an owner-occupancy rate of 72.5%, 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
Currituck County North Carolina $378,800 $1,162
Chesapeake city Virginia $378,400 $1,586
Iron County Utah $379,000 $1,065
Franklin County Washington $379,300 $1,198
Mercer County New Jersey $377,700 $1,623

Other Counties in Colorado

CountyMedian Home ValueMedian RentOwner Occ.
Montrose County $388,400 $1,188 75.4%
Custer County $392,100 $1,069 85.3%
Delta County $343,200 $1,121 77.9%
Morgan County $338,600 $1,025 67.3%
Montezuma County $331,400 $942 76.2%

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).