Merino, CO 80741 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Merino, CO—80741

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$340,000

4.7% YoY Growth

Household Income

$80,100

63.1% YoY Growth

Days on Market

53.0% Shorter YoY

Home Price Forecast

1.0%

Median Rent

$900

N/A

1-Bed Rent

$900

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Merino, CO

As of Dec '25, the median home price in Merino, CO is $340,000, with a year-over-year change of 4.7%. This indicates that home prices in Merino, CO are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$340,000	4.7%
Single Family	$340,000	4.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Merino, CO

Merino, CO lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	$900	$900
Studio Rent	N/A	N/A
1 Bed Rent	$900	$900
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

1.2%

2 Bedrooms

7.4%

3 Bedrooms

69.1%

4 Bedrooms

18.5%

5+ Bedrooms

3.7%

Property Listings — Merino, CO

Merino, CO lacks sufficient listing trend data for analysis.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$210,000	-71.0%
Listing Count	1	-73.0%
Listings as % of Homes	0.5%	-73.0%
Days on Market	79	-53.0%

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Demographics — Merino, CO

As of the latest ACS Survey released in 2023, Merino, CO has a population of 870, which has decreased by -10.7% over the past 5 years. Merino, CO is a less popular place for families, as children make up 12.3% of the population. The area has a moderately educated workforce, with 30.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	870	-10.7%
% Under 18	12.3%	-49.0%
% Seniors	20.3%	34.4%
% WFH	10.2%	-15.0%
% w/ College Degree	30.3%	25.2%

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As of the latest ACS Survey released in 2023, Merino, CO is a predominantly white area, with 88.4% of the population identifying as white. The white population has grown by 14.5% in the last 5 years. The second most common race or ethnicity in Merino, CO is asian, making up 5.1% of the population. Foreign-born residents account for 3.1% of the population in Merino, CO, and this percentage has decreased by 40.4% 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	88.4%	14.5%
% Black	1.7%	∞%
% Hispanic	3.4%	-80.1%
% Asian	5.1%	∞%
% Foreign Born	3.1%	-40.4%

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Mortgage and Risk — Merino, CO

According to HUD data as of 2023, there were 21 mortgage originations in Merino, CO, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Merino, CO. Investor activity is low, as 0.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	21
% Conventional Loans	76.0%
% Government Loans	24.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	19.0%

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Rentals and Section 8 — Merino, CO

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

Section 8 Market Size

Total Units under HUD	N/A
Total Units Section 8	N/A
% 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	$180	$900	$1,080
2 Bedroom	N/A	N/A	$1,380
3 Bedroom	N/A	N/A	$1,950
4 Bedroom	N/A	N/A	$2,160

Merino, CO—80741

Key Metrics at a Glance

Home Price Trends — Merino, CO

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Merino, CO

% of Rental Stock

Property Listings — Merino, CO

Demographics — Merino, CO

Race and Ethnicity

Mortgage and Risk — Merino, CO

Mortgages

Rentals and Section 8 — Merino, CO

Section 8 Market Size

Section 8 Opportunity

Affordability — Merino, CO

Home Price to Income Ratio

Merino, CO — ZIP Code Boundary Map

Nearby ZIP Codes

Cooper, CO

Hillrose, CO

Stoneham, CO

Atwood, CO

Sterling, CO

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.7
Median Home Price	$340,000
Median Household Income	$80,100

Merino, CO—80741

Key Metrics at a Glance

Home Price Trends — Merino, CO

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Merino, CO

% of Rental Stock

Property Listings — Merino, CO

Demographics — Merino, CO

Race and Ethnicity

Mortgage and Risk — Merino, CO

Mortgages

Rentals and Section 8 — Merino, CO

Section 8 Market Size

Section 8 Opportunity

Affordability — Merino, CO

Home Price to Income Ratio

Merino, CO — ZIP Code Boundary Map

Nearby ZIP Codes

Cooper, CO

Hillrose, CO

Stoneham, CO

Atwood, CO

Sterling, CO

Frequently Asked Questions

What is the average home price in Merino, CO 80741?

How have home prices in Merino, CO 80741 changed over the past year?

What is the home price projection for Merino, CO 80741?

What are the demographics of Merino, CO 80741?

How long does it take homes to sell in Merino, CO 80741?

What is the average rent price in Merino, CO 80741?