Durango, CO—81301
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Durango, CO
As of Oct '25, the median home price in Durango, CO is $755,000, with a year-over-year change of 1.4%. This indicates that home prices in Durango, CO are increasing. According to Zillow, the 1-year price projection is 2.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $755,000 | 1.4% |
| Single Family | $818,000 | 1.5% |
| Condos | $403,000 | 1.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $340,000 | -1.4% |
2 Bed | $563,000 | 1.1% |
3 Bed | $824,000 | 1.5% |
4 Bed | $1,124,000 | 1.8% |
| 5 Bed | $1,440,000 | 1.3% |
% of Housing Stock
Rental Trends — Durango, CO
As of July '25, Rentcast reports the average rent in Durango, CO is $2,140, with a year-over-year rent change of 6.5%. Per bedroom, the median rent as of July '25 in Durango, CO is studios: $1,240, 1-bedrooms: $1,710, 2-bedrooms: $1,800, 3-bedrooms: $3,220, 4-bedrooms: $3,570. The most common rental property sizes in Durango, CO are 2-bedroom and 1-bedroom, accounting for 46.0% and 24.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,890 | $2,140 |
| Studio Rent | $1,200 | $1,240 |
| 1 Bed Rent | $1,550 | $1,710 |
| 2 Bed Rent | $1,800 | $1,800 |
| 3 Bed Rent | $3,100 | $3,220 |
| 4 Bed Rent | $3,500 | $3,570 |
% of Rental Stock
Property Listings — Durango, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Durango, CO is 101. This is a increase of 26.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $965,000 | 4.0% |
Listing Count | 337 | 27.0% |
| Listings as % of Homes | 0.8% | 27.0% |
Days on Market | 101 | 26.0% |
Demographics — Durango, CO
As of the latest ACS Survey released in 2023, Durango, CO has a population of 29,900, which has decreased by -1.7% over the past 5 years. Durango, CO is a moderately popular place for families, as children make up 15.4% of the population. The area has a highly educated workforce, with 57.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,900 | -1.7% |
% Under 18 | 15.4% | -4.9% |
% Seniors | 20.0% | 22.7% |
% WFH | 18.8% | 100.0% |
% w/ College Degree | 57.8% | 9.1% |
As of the latest ACS Survey released in 2023, Durango, CO is a predominantly white area, with 81.2% of the population identifying as white. The white population has shrunk by 1.1% in the last 5 years. The second most common race or ethnicity in Durango, CO is hispanic, making up 7.6% of the population. Foreign-born residents account for 2.2% of the population in Durango, CO, and this percentage has decreased by 12.0% 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 | 81.2% | -1.1% |
% Black | 0.3% | -40.0% |
% Hispanic | 7.6% | -18.3% |
% Asian | 0.7% | 16.7% |
% Foreign Born | 2.2% | -12.0% |
Mortgage and Risk — Durango, CO
According to HUD data as of 2023, there were 664 mortgage originations in Durango, CO, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Durango, CO. Investor activity is low, as 3.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 664 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 3.0% |
% Second Loans | 14.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Durango, CO
Durango, CO lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 512 |
Total Units Section 8 | 459 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 81.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$280 | $1,550 | $1,270 |
| 2 Bedroom | -$130 | $1,800 | $1,670 |
| 3 Bedroom | -$1,040 | $3,100 | $2,060 |
| 4 Bedroom | -$830 | $3,500 | $2,670 |
Affordability — Durango, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.3 |
| Median Home Price | $755,000 |
| Median Household Income | $83,200 |