Ouray County, Colorado Housing Market

In Ouray County, Colorado, the median home value is $739,800, with a median monthly rent of $1,786. This places Ouray County at #40 nationally out of 3134 counties by median home value, and #6 within Colorado.

Median Home Value $739,800
Median Rent $1,786/mo
Owner Occupancy 82.5%
Price/Rent Ratio 34.5

📈 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 Ouray County fell -1.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

1,733
jobs (private sector)
  • Avg weekly wage: $977
  • Establishments: 368
  • BLS QCEW, 2025
🏗️

Housing Supply

76
new units authorized (2025)
  • Single-family: 76
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+285
net migration (filers, 2021-2022)
  • Inflow: 2,544 (avg $163,823)
  • Outflow: 2,259 (avg $162,842)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 2 active ZIP codes in Ouray County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 81432 345.9 -5.20% 2025
2 81427 222.7 +30.99% 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 Ouray County Compares

MetricOuray CountyColorado AverageU.S. Average
Median Home Value $739,800 $427,512 $227,706
Median Gross Rent $1,786 $1,302 $968
Owner Occupancy Rate 82.5% 71.9% 73.3%
Price/Rent Ratio 34.5 26.3 18.7

Market Analysis

The median home value in Ouray County is 73.0% above the Colorado state average and 224.9% above the U.S. national average. The median rent of $1,786/month is 37.2% above the state average.

With a price-to-rent ratio of 34.5, Ouray 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.

Ouray County has an owner-occupancy rate of 82.5%, 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
District of Columbia District of Columbia $737,100 $1,954
Loudoun County Virginia $743,800 $2,386
Blaine County Idaho $735,300 $1,338
Alexandria city Virginia $735,100 $2,089
Fairfax County Virginia $732,800 $2,276

Other Counties in Colorado

CountyMedian Home ValueMedian RentOwner Occ.
Boulder County $756,300 $1,966 62.0%
San Miguel County $720,700 $1,149 63.0%
Douglas County $713,600 $2,193 77.4%
Elbert County $709,800 $1,311 95.0%
Chaffee County $665,700 $1,611 74.1%

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).