Mineral County, Colorado Housing Market
In Mineral County, Colorado, the median home value is $430,500, with a median monthly rent of $928. This places Mineral County at #226 nationally out of 3134 counties by median home value, and #31 within Colorado.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $948
- Establishments: 77
- BLS QCEW, 2025
Housing Supply
- Single-family: 9
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 365 (avg $82,751)
- Outflow: 365 (avg $82,751)
- IRS Statistics of Income
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| Metric | Mineral County | Colorado Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $430,500 | $427,512 | $227,706 |
| Median Gross Rent | $928 | $1,302 | $968 |
| Owner Occupancy Rate | 69.7% | 71.9% | 73.3% |
| Price/Rent Ratio | 38.7 | 26.3 | 18.7 |
Market Analysis
The median home value in Mineral County is 0.7% above the Colorado state average and 89.1% above the U.S. national average. The median rent of $928/month is 28.7% below the state average.
With a price-to-rent ratio of 38.7, Mineral 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.
Mineral County has an owner-occupancy rate of 69.7%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Lane County | Oregon | $430,600 | $1,355 |
| Jackson County | Oregon | $430,200 | $1,358 |
| Tillamook County | Oregon | $430,200 | $1,246 |
| Clark County | Nevada | $431,000 | $1,626 |
| Tooele County | Utah | $431,600 | $1,189 |
Other Counties in Colorado
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| San Juan County | $432,500 | $992 | 52.9% |
| Hinsdale County | $437,900 | $1,171 | 76.1% |
| El Paso County | $461,000 | $1,696 | 66.2% |
| Lake County | $466,100 | $1,397 | 75.6% |
| Custer County | $392,100 | $1,069 | 85.3% |
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).