Pueblo, CO—81005
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pueblo, CO
As of Oct '25, the median home price in Pueblo, CO is $294,000, with a year-over-year change of -1.2%. This indicates that home prices in Pueblo, CO are decreasing. According to Zillow, the 1-year price projection is -0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $294,000 | -1.2% |
| Single Family | $294,000 | -1.7% |
| Condos | $237,000 | -2.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $188,000 | -1.6% |
2 Bed | $240,000 | -1.6% |
3 Bed | $297,000 | -1.0% |
4 Bed | $333,000 | -2.1% |
| 5 Bed | $394,000 | -1.7% |
% of Housing Stock
Rental Trends — Pueblo, CO
As of July '25, Rentcast reports the average rent in Pueblo, CO is $1,350, with a year-over-year rent change of -4.9%. Per bedroom, the median rent as of July '25 in Pueblo, CO is 1-bedrooms: $925, 2-bedrooms: $1,180, 3-bedrooms: $1,730, 4-bedrooms: $1,930. The most common rental property sizes in Pueblo, CO are 3-bedroom and 2-bedroom, accounting for 35.7% and 31.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,350 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $895 | $925 |
| 2 Bed Rent | $1,150 | $1,180 |
| 3 Bed Rent | $1,600 | $1,730 |
| 4 Bed Rent | $2,000 | $1,930 |
% of Rental Stock
Property Listings — Pueblo, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Pueblo, CO is 77. This is a increase of 51.0% 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 37.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $342,000 | -4.0% |
Listing Count | 219 | 36.0% |
| Listings as % of Homes | 0.6% | 36.0% |
Days on Market | 77 | 51.0% |
Demographics — Pueblo, CO
As of the latest ACS Survey released in 2023, Pueblo, CO has a population of 31,100, which has decreased by -3.0% over the past 5 years. Pueblo, CO is a moderately popular place for families, as children make up 20.1% of the population. The area has a moderately educated workforce, with 26.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,100 | -3.0% |
% Under 18 | 20.1% | -11.5% |
% Seniors | 23.3% | 6.9% |
% WFH | 7.1% | 294.4% |
% w/ College Degree | 26.3% | 19.0% |
As of the latest ACS Survey released in 2023, Pueblo, CO is a predominantly white area, with 51.2% of the population identifying as white. The white population has grown by 5.8% in the last 5 years. The second most common race or ethnicity in Pueblo, CO is hispanic, making up 43.8% of the population. Foreign-born residents account for 3.5% of the population in Pueblo, CO, and this percentage has increased by 66.7% 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 | 51.2% | 5.8% |
% Black | 1.7% | 13.3% |
% Hispanic | 43.8% | -7.0% |
% Asian | 0.4% | -63.6% |
% Foreign Born | 3.5% | 66.7% |
Mortgage and Risk — Pueblo, CO
According to HUD data as of 2023, there were 740 mortgage originations in Pueblo, CO, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Pueblo, CO. Investor activity is low, as 2.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 740 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Pueblo, CO
As of 2024, the percent of homes in Pueblo, CO under the Section 8 program is 12.1%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Pueblo, CO, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 399 |
Total Units Section 8 | 319 |
% Rentals under Section 8 | 12.1% |
% Occupied Section 8 | 74.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $25 | $895 | $920 |
| 2 Bedroom | $60 | $1,150 | $1,210 |
| 3 Bedroom | -$40 | $1,600 | $1,560 |
| 4 Bedroom | -$280 | $2,000 | $1,720 |
Affordability — Pueblo, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $294,000 |
| Median Household Income | $67,500 |