Cities with the most expensive homes in the Pueblo metro area
Cities with the most expensive homes in the Pueblo metro area
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.
The typical home value in the United States was $368,720 in May, 0.8% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of June 11, the 30-year fixed mortgage rate sits at 6.52%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
Stacker compiled a list of cities with the most expensive homes in the Pueblo metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 7 cities and towns with data available were included in the list.
#7. Fowler, CO
- Typical home value: $184,806
- 1-year price change: -4.7%
- 5-year price change: +24.0%
#6. Boone, CO
- Typical home value: $227,740
- 1-year price change: +1.1%
- 5-year price change: +23.9%
#5. Avondale, CO
- Typical home value: $270,027
- 1-year price change: +0.4%
- 5-year price change: +20.3%
#4. Pueblo, CO
- Typical home value: $286,843
- 1-year price change: -2.0%
- 5-year price change: +12.1%
#3. Colorado City, CO
- Typical home value: $331,333
- 1-year price change: -0.8%
- 5-year price change: +17.3%
#2. Rye, CO
- Typical home value: $340,719
- 1-year price change: -2.1%
- 5-year price change: +16.4%
#1. Beulah, CO
- Typical home value: $371,502
- 1-year price change: +0.9%
- 5-year price change: +14.4%