Teller County, Colorado Housing Market

In Teller County, Colorado, the median home value is $479,900, with a median monthly rent of $1,880. This places Teller County at #154 nationally out of 3134 counties by median home value, and #24 within Colorado.

Median Home Value $479,900
Median Rent $1,880/mo
Owner Occupancy 81.0%
Price/Rent Ratio 21.3

📈 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 Teller County fell -3.7% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

6,806
jobs (private sector)
  • Avg weekly wage: $1,035
  • Establishments: 1,025
  • BLS QCEW, 2025
🏗️

Housing Supply

118
new units authorized (2025)
  • Single-family: 118
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1509
net migration (filers, 2021-2022)
  • Inflow: 11,654 (avg $87,481)
  • Outflow: 10,145 (avg $87,151)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 80813 304.7 — 2025
2 80814 283.5 -6.48% 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 Teller County Compares

MetricTeller CountyColorado AverageU.S. Average
Median Home Value $479,900 $427,512 $227,706
Median Gross Rent $1,880 $1,302 $968
Owner Occupancy Rate 81.0% 71.9% 73.3%
Price/Rent Ratio 21.3 26.3 18.7

Market Analysis

The median home value in Teller County is 12.3% above the Colorado state average and 110.8% above the U.S. national average. The median rent of $1,880/month is 44.4% above the state average.

With a price-to-rent ratio of 21.3, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Teller County has an owner-occupancy rate of 81.0%, 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

CountyStateMedian Home ValueMedian Rent
Thurston County Washington $480,300 $1,736
Archuleta County Colorado $478,100 $1,432
Ravalli County Montana $476,600 $1,054
Blanco County Texas $483,500 $1,017
Boise County Idaho $476,100 $850

Other Counties in Colorado

CountyMedian Home ValueMedian RentOwner Occ.
Archuleta County $478,100 $1,432 80.1%
Adams County $484,200 $1,781 68.6%
Weld County $471,700 $1,539 76.0%
Lake County $466,100 $1,397 75.6%
El Paso County $461,000 $1,696 66.2%

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).