Fairplay, CO—80440
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fairplay, CO
As of Oct '25, the median home price in Fairplay, CO is $602,000, with a year-over-year change of -2.5%. This indicates that home prices in Fairplay, CO are decreasing. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $602,000 | -2.6% |
| Single Family | $604,000 | -3.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $354,000 | -6.3% |
2 Bed | $502,000 | -2.7% |
3 Bed | $665,000 | -2.5% |
4 Bed | $795,000 | -3.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fairplay, CO
As of July '25, Rentcast reports the average rent in Fairplay, CO is $2,120, with a year-over-year rent change of -14.2%. Per bedroom, the median rent as of July '25 in Fairplay, CO is 1-bedrooms: $1,560, 2-bedrooms: $1,920, 3-bedrooms: $2,870, 4-bedrooms: $2,780. The most common rental property sizes in Fairplay, CO are 2-bedroom and 1-bedroom, accounting for 43.3% and 33.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $2,120 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,600 | $1,560 |
| 2 Bed Rent | $1,900 | $1,920 |
| 3 Bed Rent | $3,000 | $2,870 |
| 4 Bed Rent | $2,700 | $2,780 |
% of Rental Stock
Property Listings — Fairplay, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Fairplay, CO is 109. This is a increase of 12.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $749,000 | -10.0% |
Listing Count | 140 | 12.0% |
| Listings as % of Homes | 1.9% | 12.0% |
Days on Market | 109 | 12.0% |
Demographics — Fairplay, CO
As of the latest ACS Survey released in 2023, Fairplay, CO has a population of 3,070, which has increased by 14.5% over the past 5 years. Fairplay, CO is a moderately popular place for families, as children make up 24.1% of the population. The area has a moderately educated workforce, with 37.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,070 | 14.5% |
% Under 18 | 24.1% | -5.9% |
% Seniors | 11.4% | 28.1% |
% WFH | 23.1% | 128.7% |
% w/ College Degree | 37.2% | 9.7% |
As of the latest ACS Survey released in 2023, Fairplay, CO is a predominantly white area, with 84.8% of the population identifying as white. The white population has shrunk by 9.9% in the last 5 years. The second most common race or ethnicity in Fairplay, CO is hispanic, making up 8.8% of the population. Foreign-born residents account for 1.6% of the population in Fairplay, CO, and this percentage has decreased by 52.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 84.8% | -9.9% |
% Black | 0.9% | 50.0% |
% Hispanic | 8.8% | 114.6% |
% Asian | 2.8% | ∞% |
% Foreign Born | 1.6% | -52.9% |
Mortgage and Risk — Fairplay, CO
According to HUD data as of 2023, there were 280 mortgage originations in Fairplay, CO, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Fairplay, CO. Investor activity is low, as 7.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 280 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 7.0% |
% Second Loans | 35.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Fairplay, CO
As of 2024, the percent of homes in Fairplay, CO under the Section 8 program is 0.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Fairplay, CO, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $60 | $1,600 | $1,660 |
| 2 Bedroom | $90 | $1,900 | $1,990 |
| 3 Bedroom | -$410 | $3,000 | $2,590 |
| 4 Bedroom | $210 | $2,700 | $2,910 |
Affordability — Fairplay, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.8 |
| Median Home Price | $602,000 |
| Median Household Income | $99,600 |