Median real estate price in the Town Center of Telluride is $916,661, which is more expensive than 98.0% of the neighborhoods in Colorado and 97.5% of the neighborhoods in the U.S.
The average rental price in Telluride Town Center is currently $2,267, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 94.0% of the neighborhoods in Colorado.
Telluride Town Center is a suburban neighborhood (based on population density) located in Telluride, Colorado.
Real estate in the Town Center of Telluride, CO is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Town Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in Telluride Town Center. The current real estate vacancy rate here is 57.7%. This is higher than the rate of vacancies in 99.2% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (47.0%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.