Paonia, CO is a great place to buy a home. The median house value in the area is $388,800, which is significantly higher than the US median of $338,100. In addition, the appreciation of home values in Paonia over the past year has been an impressive 20.57%, well above the national rate of 8.27%. This indicates that purchasing a home in Paonia would be a great investment for those looking to invest in real estate.
The median home cost in Paonia is $388,800. Home appreciation the last 10 years has been 104.1%. Home Appreciation in Paonia is up 17.7%.
Average Age of Homes
- The median age of Paonia real estate is 53 years old
The Rental Market in Paonia
- Renters make up 33.2% of the Paonia population
- 2.1% of houses and apartments in Paonia, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.