Ridgway, CO 81432 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Ridgway, CO—81432

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$865,000

0.2% YoY Growth

Household Income

$87,500

40.7% YoY Growth

Days on Market

29.0% Shorter YoY

Home Price Forecast

3.4%

Median Rent

$1,100

38.2% YoY Growth

1-Bed Rent

$1,100

N/A

2-Bed Rent

N/A

3-Bed Rent

$3,100

8.8% YoY Growth

Home Price Trends — Ridgway, CO

As of Dec '25, the median home price in Ridgway, CO is $865,000, with a year-over-year change of 0.2%. This indicates that home prices in Ridgway, CO are flat. According to Zillow, the 1-year price projection is 3.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$865,000	0.2%
Single Family	$892,000	0.5%
Condos	$457,000	-2.1%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Ridgway, CO

As of July '25, Rentcast reports the average rent in Ridgway, CO is $2,100, with a year-over-year rent change of -38.2%. Per bedroom, the median rent as of July '25 in Ridgway, CO is 1-bedrooms: $1,100, 3-bedrooms: $3,100. The most common rental property sizes in Ridgway, CO are 2-bedroom and 1-bedroom, accounting for 43.1% and 29.7% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,100	$2,100
Studio Rent	N/A	N/A
1 Bed Rent	$1,100	$1,100
2 Bed Rent	N/A	N/A
3 Bed Rent	$3,100	$3,100
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

2.5%

1 Bedroom

29.7%

2 Bedrooms

43.1%

3 Bedrooms

22.4%

4 Bedrooms

2.2%

Property Listings — Ridgway, CO

As of Dec '25, Realtor.com reports that the median days on market for a home in Ridgway, CO is 102. This is a decrease of -12.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$1,100,000	14.0%
Listing Count	55	-15.0%
Listings as % of Homes	1.3%	-15.0%
Days on Market	87	-29.0%

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Demographics — Ridgway, CO

As of the latest ACS Survey released in 2023, Ridgway, CO has a population of 3,150, which has increased by 5.1% over the past 5 years. Ridgway, CO is a less popular place for families, as children make up 13.3% of the population. The area has a highly educated workforce, with 56.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	3,150	5.1%
% Under 18	13.3%	-17.9%
% Seniors	34.1%	32.2%
% WFH	17.3%	9.5%
% w/ College Degree	56.0%	12.0%

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As of the latest ACS Survey released in 2023, Ridgway, CO is a predominantly white area, with 88.6% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Ridgway, CO is hispanic, making up 3.6% of the population. Foreign-born residents account for 3.1% of the population in Ridgway, CO, and this percentage has increased by 19.2% 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	88.6%	-3.7%
% Black	1.0%	∞%
% Hispanic	3.6%	-35.7%
% Asian	0.3%	∞%
% Foreign Born	3.1%	19.2%

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Mortgage and Risk — Ridgway, CO

According to HUD data as of 2023, there were 93 mortgage originations in Ridgway, CO, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 45.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in Ridgway, CO. Investor activity is low, as 3.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	93
% Conventional Loans	97.0%
% Government Loans	3.0%
% Investor Loans	3.0%
% Second Loans	13.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — Ridgway, CO

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

Section 8 Market Size

Total Units under HUD	7
Total Units Section 8	7
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$230	$1,100	$1,330
2 Bedroom	N/A	N/A	$1,750
3 Bedroom	-$760	$3,100	$2,340
4 Bedroom	N/A	N/A	$2,810

Ridgway, CO—81432

Key Metrics at a Glance

Home Price Trends — Ridgway, CO

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Ridgway, CO

% of Rental Stock

Property Listings — Ridgway, CO

Demographics — Ridgway, CO

Race and Ethnicity

Mortgage and Risk — Ridgway, CO

Mortgages

Rentals and Section 8 — Ridgway, CO

Section 8 Market Size

Section 8 Opportunity

Affordability — Ridgway, CO

Home Price to Income Ratio

Ridgway, CO — ZIP Code Boundary Map

Nearby ZIP Codes

Ouray

Montrose, CO

Cimarron, CO

Montrose, CO

Olathe, CO

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	9.4
Median Home Price	$865,000
Median Household Income	$87,500

Ridgway, CO—81432

Key Metrics at a Glance

Home Price Trends — Ridgway, CO

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Ridgway, CO

% of Rental Stock

Property Listings — Ridgway, CO

Demographics — Ridgway, CO

Race and Ethnicity

Mortgage and Risk — Ridgway, CO

Mortgages

Rentals and Section 8 — Ridgway, CO

Section 8 Market Size

Section 8 Opportunity

Affordability — Ridgway, CO

Home Price to Income Ratio

Ridgway, CO — ZIP Code Boundary Map

Nearby ZIP Codes

Ouray

Montrose, CO

Cimarron, CO

Montrose, CO

Olathe, CO

Frequently Asked Questions

What is the average home price in Ridgway, CO 81432?

How have home prices in Ridgway, CO 81432 changed over the past year?

What is the home price projection for Ridgway, CO 81432?

What are the demographics of Ridgway, CO 81432?

How long does it take homes to sell in Ridgway, CO 81432?

What is the average rent price in Ridgway, CO 81432?