Pueblo, CO—81004
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pueblo, CO
As of Oct '25, the median home price in Pueblo, CO is $197,000, with a year-over-year change of -1.4%. This indicates that home prices in Pueblo, CO are decreasing. According to Zillow, the 1-year price projection is -0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $197,000 | -1.4% |
| Single Family | $197,000 | -1.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $121,000 | -4.0% |
2 Bed | $174,000 | -1.7% |
3 Bed | $215,000 | -1.4% |
4 Bed | $260,000 | -1.9% |
| 5 Bed | $314,000 | -1.6% |
% of Housing Stock
Rental Trends — Pueblo, CO
As of July '25, Rentcast reports the average rent in Pueblo, CO is $1,240, with a year-over-year rent change of 7.8%. Per bedroom, the median rent as of July '25 in Pueblo, CO is studios: $815, 1-bedrooms: $909, 2-bedrooms: $1,170, 3-bedrooms: $1,580, 4-bedrooms: $1,950. The most common rental property sizes in Pueblo, CO are 2-bedroom and 1-bedroom, accounting for 46.6% and 24.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,150 | $1,240 |
| Studio Rent | $815 | $815 |
| 1 Bed Rent | $899 | $909 |
| 2 Bed Rent | $1,180 | $1,170 |
| 3 Bed Rent | $1,520 | $1,580 |
| 4 Bed Rent | $1,800 | $1,950 |
% of Rental Stock
Property Listings — Pueblo, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Pueblo, CO is 111. This is a increase of 92.0% 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 | $226,000 | -7.0% |
Listing Count | 226 | 29.0% |
| Listings as % of Homes | 0.9% | 29.0% |
Days on Market | 111 | 92.0% |
Demographics — Pueblo, CO
As of the latest ACS Survey released in 2023, Pueblo, CO has a population of 26,400, which has increased by 1.3% over the past 5 years. Pueblo, CO is a moderately popular place for families, as children make up 22.4% of the population. The area has a poorly educated workforce, with 20.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,400 | 1.3% |
% Under 18 | 22.4% | -0.4% |
% Seniors | 16.8% | 0.6% |
% WFH | 6.0% | 233.3% |
% w/ College Degree | 20.3% | 23.0% |
As of the latest ACS Survey released in 2023, Pueblo, CO is a predominantly hispanic area, with 49.8% of the population identifying as hispanic. The hispanic population has grown by 1.0% in the last 5 years. The second most common race or ethnicity in Pueblo, CO is white, making up 45.5% of the population. Foreign-born residents account for 3.3% of the population in Pueblo, CO, and this percentage has decreased by 17.5% 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 | 45.5% | 2.0% |
% Black | 1.9% | -44.1% |
% Hispanic | 49.8% | 1.0% |
% Asian | 0.5% | -28.6% |
% Foreign Born | 3.3% | -17.5% |
Mortgage and Risk — Pueblo, CO
According to HUD data as of 2023, there were 566 mortgage originations in Pueblo, CO, of which 52.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Pueblo, CO. Investor activity is low, as 4.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 566 |
% Conventional Loans | 52.0% |
% Government Loans | 48.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Pueblo, CO
As of 2024, the percent of homes in Pueblo, CO under the Section 8 program is 17.2%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Pueblo, CO, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,052 |
Total Units Section 8 | 842 |
% Rentals under Section 8 | 17.2% |
% Occupied Section 8 | 75.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $11 | $899 | $910 |
| 2 Bedroom | $20 | $1,180 | $1,200 |
| 3 Bedroom | $30 | $1,520 | $1,550 |
| 4 Bedroom | -$90 | $1,800 | $1,710 |
Affordability — Pueblo, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $197,000 |
| Median Household Income | $48,600 |