Limon, CO 80828 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Limon, CO—80828

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$276,000

0.8% YoY Growth

Household Income

$65,900

36.9% YoY Growth

Days on Market

34.0% Longer YoY

Home Price Forecast

N/A

Median Rent

$1,550

28.4% YoY Growth

1-Bed Rent

$1,040

0.0% YoY Growth

2-Bed Rent

$1,260

0.0% YoY Growth

3-Bed Rent

$1,550

0.0% YoY Growth

Home Price Trends — Limon, CO

Limon, CO lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$276,000	0.8%
Single Family	$280,000	0.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Limon, CO

As of July '25, Rentcast reports the average rent in Limon, CO is $1,720, with a year-over-year rent change of 28.4%. Per bedroom, the median rent as of July '25 in Limon, CO is 1-bedrooms: $1,050, 2-bedrooms: $1,480, 3-bedrooms: $1,550, 4-bedrooms: $2,850. The most common rental property sizes in Limon, CO are 1-bedroom and 3-bedroom, accounting for 34.3% and 28.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,550	$1,720
Studio Rent	N/A	N/A
1 Bed Rent	$1,040	$1,050
2 Bed Rent	$1,260	$1,480
3 Bed Rent	$1,550	$1,550
4 Bed Rent	$2,500	$2,850

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% of Rental Stock

Studio

7.6%

1 Bedroom

34.3%

2 Bedrooms

22.1%

3 Bedrooms

28.4%

4 Bedrooms

1.0%

5+ Bedrooms

6.6%

Property Listings — Limon, CO

As of Dec '25, Realtor.com reports that the median days on market for a home in Limon, CO is 73. 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 18.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$335,000	1.0%
Listing Count	19	61.0%
Listings as % of Homes	1.3%	61.0%
Days on Market	82	34.0%

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Demographics — Limon, CO

As of the latest ACS Survey released in 2023, Limon, CO has a population of 2,430, which has decreased by -32.1% over the past 5 years. Limon, CO is a moderately popular place for families, as children make up 20.0% of the population. The area has a moderately educated workforce, with 35.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,430	-32.1%
% Under 18	20.0%	37.9%
% Seniors	16.8%	36.6%
% WFH	7.7%	108.1%
% w/ College Degree	35.5%	273.7%

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As of the latest ACS Survey released in 2023, Limon, CO is a predominantly white area, with 86.9% of the population identifying as white. The white population has grown by 61.5% in the last 5 years. The second most common race or ethnicity in Limon, CO is hispanic, making up 11.3% of the population. Foreign-born residents account for 6.7% of the population in Limon, CO, and this percentage has increased by 8.1% 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	86.9%	61.5%
% Black	0.0%	-100.0%
% Hispanic	11.3%	-61.8%
% Asian	0.0%	-100.0%
% Foreign Born	6.7%	8.1%

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Mortgage and Risk — Limon, CO

According to HUD data as of 2023, there were 49 mortgage originations in Limon, CO, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 84.0%, with 55.0% above 90% LTV (very high). This implies large mortgage risk in Limon, CO. Investor activity is low, as 6.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	49
% Conventional Loans	59.0%
% Government Loans	41.0%
% Investor Loans	6.0%
% Second Loans	0.0%
% Cash Out Refinance	8.0%

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Rentals and Section 8 — Limon, CO

As of 2024, the percent of homes in Limon, CO under the Section 8 program is 2.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Limon, CO, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD	46
Total Units Section 8	6
% Rentals under Section 8	2.1%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$620	$1,040	$1,660
2 Bedroom	$730	$1,260	$1,990
3 Bedroom	$1,040	$1,550	$2,590
4 Bedroom	$410	$2,500	$2,910

Limon, CO—80828

Key Metrics at a Glance

Home Price Trends — Limon, CO

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Limon, CO

% of Rental Stock

Property Listings — Limon, CO

Demographics — Limon, CO

Race and Ethnicity

Mortgage and Risk — Limon, CO

Mortgages

Rentals and Section 8 — Limon, CO

Section 8 Market Size

Section 8 Opportunity

Affordability — Limon, CO

Home Price to Income Ratio

Limon, CO — ZIP Code Boundary Map

Nearby ZIP Codes

Matheson, CO

Agate, CO

Simla, CO

Matheson, CO

Deer Trail, CO

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.2
Median Home Price	$276,000
Median Household Income	$65,900

Limon, CO—80828

Key Metrics at a Glance

Home Price Trends — Limon, CO

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Limon, CO

% of Rental Stock

Property Listings — Limon, CO

Demographics — Limon, CO

Race and Ethnicity

Mortgage and Risk — Limon, CO

Mortgages

Rentals and Section 8 — Limon, CO

Section 8 Market Size

Section 8 Opportunity

Affordability — Limon, CO

Home Price to Income Ratio

Limon, CO — ZIP Code Boundary Map

Nearby ZIP Codes

Matheson, CO

Agate, CO

Simla, CO

Matheson, CO

Deer Trail, CO

Frequently Asked Questions

What is the average home price in Limon, CO 80828?

How have home prices in Limon, CO 80828 changed over the past year?

What is the home price projection for Limon, CO 80828?

What are the demographics of Limon, CO 80828?

How long does it take homes to sell in Limon, CO 80828?

What is the average rent price in Limon, CO 80828?