Pueblo, CO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Pueblo Neighborhoods Since 2000




Pueblo, CO Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Pueblo Housing Market Information

With 109,412 people, 43,249 houses or apartments, and a median cost of homes of $130,226, house prices in Pueblo are solidly below the national average.

Single-family detached homes are the single most common housing type in Pueblo, accounting for 72.58% of the city's housing units. Other types of housing that are prevalent in Pueblo include large apartment complexes or high rise apartments ( 13.33%), duplexes, homes converted to apartments or other small apartment buildings ( 6.90%), and a few row houses and other attached homes ( 4.38%).

The most prevalent building size and type in Pueblo are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 53.98% owning and 46.02% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Pueblo's housing was primarily built during this period, from the '40s through the '60s. A full 36.78% of the city's housing hails from this era. Other housing ages represented in Pueblo include homes built between 1970-1999 ( 31.93%) and housing constructed before 1939 ( 20.61%). There's also some housing in Pueblo built between 2000 and later ( 10.68%).

Pueblo Home Appreciation Rates

Real estate appreciation rates in Pueblo's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 0.02% during the period.

Appreciation rates are so strong in Pueblo that despite a nationwide downturn in the housing market, Pueblo real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Pueblo appreciation rates continue to be some of the highest in America, at 7.82%, which is higher than appreciation rates in 85.80% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Pueblo. Pueblo appreciation rates in the latest quarter were at 1.45%, which equates to an annual appreciation rate of 5.92%.

Relative to Colorado, our data show that Pueblo's latest annual appreciation rate is higher than 50% of the other cities and towns in Colorado.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Pueblo differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Pueblo - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Pueblo real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$130,226

Pueblo, CO HOME PRICES

Value Range
> $1,183,000 0.5
$888,001 - $1,183,000 0.4
$591,001 - $888,000 0.9
$473,001 - $591,000 0.5
$355,001 - $473,000 2.8
$237,001 - $355,000 8.7
$118,001 - $237,000 41.0
$59,001 - $118,000 34.8
$0 - $59,000 10.5

Very Low for CO
Average for Nation

Value Relative to Nation Value Relative to State
59.7386616664714 88.646288209607

Number Of Homes And Apartments:
43,249

Pueblo Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CO*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
21.04% 1.11% 1 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,032 / per month

Homeownership Rate

Homeownership
Owners 53.98
Renters 46.02
Vacant 9.89

Housing Market Details

 

Age of Homes

AGE OF Pueblo HOMES
2000 or Newer 10.7
1970 - 1999 31.9
1940 - 1969 36.8
1939 or Older 20.6

Types of Homes

TYPE OF Pueblo HOMES
Single-Family 72.6
Townhomes 4.4
Small Apt. Buildings 6.9
Apt. Complexes 13.3
Mobile Homes 2.8
Other 0.0

Home Size

SIZE OF Pueblo HOMES
No Bedroom 2.85
1 Bedroom 13.32
2 Bedrooms 30.54
3 Bedrooms 32.58
4 Bedrooms 15.45
5 or more bedrooms 5.26