Salida, CO81201

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$701,000
1.3% YoY Growth
Median Household Income
$70,800
28.7% 5-Year Growth
Days on Market
103
20.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$2,100
6.5% YoY Growth
1-Bed Rent
$1,600
7.0% YoY Growth
2-Bed Rent
$2,120
11.3% YoY Growth
3-Bed Rent
$2,950
N/A

Property Listings — Salida, CO

As of Oct '25, Realtor.com reports that the median days on market for a home in Salida, CO is 103. This is a increase of 20.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$798,0002.0%
Listing Count
14323.0%
Listings as % of Homes1.5%23.0%
Days on Market
10320.0%
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Demographics — Salida, CO

As of the latest ACS Survey released in 2023, Salida, CO has a population of 9,560, which has increased by 4.4% over the past 5 years. Salida, CO is a moderately popular place for families, as children make up 16.9% of the population. The area has a highly educated workforce, with 52.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
9,5604.4%
% Under 18
16.9%5.6%
% Seniors
25.0%0.4%
% WFH
22.0%63.0%
% w/ College Degree
52.1%47.2%
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As of the latest ACS Survey released in 2023, Salida, CO is a predominantly white area, with 83.7% of the population identifying as white. The white population has grown by 1.0% in the last 5 years. The second most common race or ethnicity in Salida, CO is hispanic, making up 9.3% of the population. Foreign-born residents account for 2.0% of the population in Salida, CO, and this percentage has decreased by 47.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
83.7%1.0%
% Black
0.0%-100.0%
% Hispanic
9.3%-27.3%
% Asian
1.3%18.2%
% Foreign Born
2.0%-47.4%
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Mortgage and Risk — Salida, CO

According to HUD data as of 2023, there were 297 mortgage originations in Salida, CO, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Salida, CO. Investor activity is low, as 8.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
297
% Conventional Loans
91.0%
% Government Loans
9.0%
% Investor Loans
8.0%
% Second Loans
9.0%
% Cash Out Refinance
17.0%

Loan Activity

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Rentals and Section 8 — Salida, CO

Salida, CO lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
89
Total Units Section 8
39
% Rentals under Section 8
N/A
% Occupied Section 8
77.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$530$1,600$1,070
2 Bedroom-$720$2,120$1,400
3 Bedroom-$990$2,950$1,960
4 Bedroom-$960$3,200$2,240

Affordability — Salida, CO

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio9.5
Median Home Price$701,000
Median Household Income$70,800

Salida, CO — ZIP Code Boundary Map

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Frequently Asked Questions