Limon, CO—80828
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Limon, CO
Limon, CO lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $277,000 | 0.5% |
| Single Family | $280,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $186,000 | -3.1% |
3 Bed | $285,000 | 0.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Limon, CO
As of July '25, Rentcast reports the average rent in Limon, CO is $1,720, with a year-over-year rent change of 28.4%. Per bedroom, the median rent as of July '25 in Limon, CO is 1-bedrooms: $1,050, 2-bedrooms: $1,480, 3-bedrooms: $1,550, 4-bedrooms: $2,850. The most common rental property sizes in Limon, CO are 1-bedroom and 3-bedroom, accounting for 34.3% and 28.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,550 | $1,720 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,040 | $1,050 |
| 2 Bed Rent | $1,260 | $1,480 |
| 3 Bed Rent | $1,550 | $1,550 |
| 4 Bed Rent | $2,500 | $2,850 |
% of Rental Stock
Property Listings — Limon, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Limon, CO is 99. This is a increase of 148.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $321,000 | -1.0% |
Listing Count | 25 | 90.0% |
| Listings as % of Homes | 1.3% | 90.0% |
Days on Market | 99 | 148.0% |
Demographics — Limon, CO
As of the latest ACS Survey released in 2023, Limon, CO has a population of 2,430, which has decreased by -32.1% over the past 5 years. Limon, CO is a moderately popular place for families, as children make up 20.0% of the population. The area has a moderately educated workforce, with 35.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,430 | -32.1% |
% Under 18 | 20.0% | 37.9% |
% Seniors | 16.8% | 36.6% |
% WFH | 7.7% | 108.1% |
% w/ College Degree | 35.5% | 273.7% |
As of the latest ACS Survey released in 2023, Limon, CO is a predominantly white area, with 86.9% of the population identifying as white. The white population has grown by 61.5% in the last 5 years. The second most common race or ethnicity in Limon, CO is hispanic, making up 11.3% of the population. Foreign-born residents account for 6.7% of the population in Limon, CO, and this percentage has increased by 8.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 86.9% | 61.5% |
% Black | 0.0% | -100.0% |
% Hispanic | 11.3% | -61.8% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 6.7% | 8.1% |
Mortgage and Risk — Limon, CO
According to HUD data as of 2023, there were 49 mortgage originations in Limon, CO, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 84.0%, with 55.0% above 90% LTV (very high). This implies large mortgage risk in Limon, CO. Investor activity is low, as 6.0% 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 | 49 |
% Conventional Loans | 59.0% |
% Government Loans | 41.0% |
% Investor Loans | 6.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Limon, CO
As of 2024, the percent of homes in Limon, CO under the Section 8 program is 2.1%. 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. In Limon, CO, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 46 |
Total Units Section 8 | 6 |
% Rentals under Section 8 | 2.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $620 | $1,040 | $1,660 |
| 2 Bedroom | $730 | $1,260 | $1,990 |
| 3 Bedroom | $1,040 | $1,550 | $2,590 |
| 4 Bedroom | $410 | $2,500 | $2,910 |
Affordability — Limon, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $277,000 |
| Median Household Income | $65,900 |