Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$320,612+1.5% YoY · prices are rising
Market right nowBalanced marketFewer homes for sale than last year, 17% have cut their price
Income needed to buy, per year$69,502About 1.2× the local median income ($59,812): a stretch for a typical household
Days on market72 daysFaster than a year ago: sellers have the edge
The typical home in Rio Grande County, CO is worth $320,612, up 1.5% from a year ago. That is well above what local incomes have historically supported: fair value is about $260,044, so the area is 23.3% overvalued. It is a balanced market: homes take about 72 days to sell, listings are down 5% from a year ago, 17% of listings have had a price cut. A household needs about $69,502 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $59,812. In the latest IRS figures, 151 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$320,612
Change in 1 year
+1.5%
Overvalued %
+23.3%
Show 6 more
Fair home value
$260,044
Change in 5 years
+33.8%
Home value to income
5.4×
Monthly mortgage payment (20% down)
$1,738
Income needed to afford it
$69,502
Property tax rate
0.39%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,220
Market activity
Listings vs a year ago
−5.1%
Days on market
72
Listings with a price cut
16.7%
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Homes for sale
93
Pending sales per 100 listings
14
Asking price per sq ft
$263
People and jobs
Median household income
$59,812
Population change (1 year)
−0.5%
Unemployment rate
10.2%
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Population
11,087
Income adjusted for cost of living
$61,346
Net moves in (IRS)
−151
Cost of living (US = 100)
97.5
Schools, risk and environment
School rating (1 to 10)
3.3
FEMA hazard risk score (0 to 100)
45.8
Flood risk score
54.9
Show 3 more
Wildfire risk score
63.6
Walkability (1 to 20)
6.4
Road, rail and air noise
54 dB
Questions people ask
Is Rio Grande County, CO overvalued?
Home prices in Rio Grande County, CO are well above what local incomes have historically supported: fair value is about $260,044, so the area is 23.3% overvalued.
Is Rio Grande County, CO a buyer's or seller's market?
Rio Grande County, CO is a balanced market: homes take about 72 days to sell, listings are down 5% from a year ago, 17% of listings have had a price cut.
Are home prices going down in Rio Grande County, CO?
Home values in Rio Grande County, CO are up 1.5% over the last year.
How much do you need to earn to buy a home in Rio Grande County, CO?
A household needs about $69,502 a year to afford the typical home in Rio Grande County, CO at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $59,812.