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 $349,216 in February, 4.2% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of March 28, the 30-year fixed mortgage rate sits at 6.79%.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: $181,610
- 1-year price change: -1.4%
- 5-year price change: +72.7%
#6. Boone, CO
- Typical home value: $217,212
- 1-year price change: +4.5%
- 5-year price change: +76.1%
#5. Avondale, CO
- Typical home value: $276,022
- 1-year price change: +1.8%
- 5-year price change: +72.0%
#4. Pueblo, CO
- Typical home value: $283,725
- 1-year price change: -1.6%
- 5-year price change: +57.3%
#3. Colorado City, CO
- Typical home value: $319,419
- 1-year price change: -0.8%
- 5-year price change: +51.9%
#2. Rye, CO
- Typical home value: $329,936
- 1-year price change: +0.1%
- 5-year price change: +53.9%
#1. Beulah, CO
- Typical home value: $367,930
- 1-year price change: -0.0%
- 5-year price change: +54.4%
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 379 metros.