Routt County, Colorado Housing Market
In Routt County, Colorado, the median home value is $854,700, with a median monthly rent of $1,917. This places Routt County at #25 nationally out of 3134 counties by median home value, and #3 within Colorado.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,206
- Establishments: 2,047
- BLS QCEW, 2025
Housing Supply
- Single-family: 196
- Multi-family: 22
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 12,221 (avg $182,258)
- Outflow: 10,757 (avg $179,432)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 3 active ZIP codes in Routt County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 81639 | 335.5 | -6.02% | 2025 |
| 2 | 80487 | 389.3 | +0.49% | 2025 |
| 3 | 80483 | 259.5 | — | 2024 |
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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Routt County Compares
| Metric | Routt County | Colorado Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $854,700 | $427,512 | $227,706 |
| Median Gross Rent | $1,917 | $1,302 | $968 |
| Owner Occupancy Rate | 76.0% | 71.9% | 73.3% |
| Price/Rent Ratio | 37.2 | 26.3 | 18.7 |
Market Analysis
The median home value in Routt County is 99.9% above the Colorado state average and 275.4% above the U.S. national average. The median rent of $1,917/month is 47.2% above the state average.
With a price-to-rent ratio of 37.2, Routt 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.
Routt County has an owner-occupancy rate of 76.0%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| San Diego County | California | $854,700 | $2,246 |
| King County | Washington | $859,900 | $2,092 |
| Contra Costa County | California | $866,800 | $2,375 |
| Napa County | California | $869,500 | $2,237 |
| Eagle County | Colorado | $839,500 | $2,019 |
Other Counties in Colorado
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Eagle County | $839,500 | $2,019 | 65.9% |
| Summit County | $939,900 | $1,928 | 72.1% |
| Boulder County | $756,300 | $1,966 | 62.0% |
| Ouray County | $739,800 | $1,786 | 82.5% |
| San Miguel County | $720,700 | $1,149 | 63.0% |
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).