Collbran, CO—81624
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Collbran, CO
As of Nov '25, the median home price in Collbran, CO is $410,000, with a year-over-year change of 7.4%. This indicates that home prices in Collbran, CO are increasing. 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 | $410,000 | 7.4% |
| Single Family | $411,000 | 7.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $302,000 | 2.4% |
2 Bed | $345,000 | 7.1% |
3 Bed | $465,000 | 8.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Collbran, CO
Collbran, CO lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $600 | $775 |
| Studio Rent | $600 | $600 |
| 1 Bed Rent | $950 | $950 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Collbran, CO
As of Nov '25, Realtor.com reports that the median days on market for a home in Collbran, CO is 156. This is a increase of 7.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $740,000 | 3.0% |
Listing Count | 15 | -27.0% |
| Listings as % of Homes | 1.2% | -27.0% |
Days on Market | 156 | 7.0% |
Demographics — Collbran, CO
As of the latest ACS Survey released in 2023, Collbran, CO has a population of 1,490, which has increased by 5.6% over the past 5 years. Collbran, CO is a moderately popular place for families, as children make up 19.2% of the population. The area has a poorly educated workforce, with 21.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 25.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,490 | 5.6% |
% Under 18 | 19.2% | -13.1% |
% Seniors | 14.0% | -12.5% |
% WFH | 25.0% | 98.4% |
% w/ College Degree | 21.3% | 8.1% |
As of the latest ACS Survey released in 2023, Collbran, CO is a predominantly white area, with 89.9% of the population identifying as white. The white population has grown by 12.1% in the last 5 years. The second most common race or ethnicity in Collbran, CO is hispanic, making up 4.9% of the population. Foreign-born residents account for 1.5% of the population in Collbran, CO, and this percentage has decreased by 21.1% 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 | 89.9% | 12.1% |
% Black | 0.4% | -90.7% |
% Hispanic | 4.9% | -62.0% |
% Asian | 1.3% | 160.0% |
% Foreign Born | 1.5% | -21.1% |
Mortgage and Risk — Collbran, CO
According to HUD data as of 2023, there were 75 mortgage originations in Collbran, CO, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Collbran, CO. Investor activity is low, as 3.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 75 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 3.0% |
% Second Loans | 12.0% |
% Cash Out Refinance | 12.0% |
Rentals and Section 8 — Collbran, CO
Collbran, CO lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 6.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$120 | $950 | $830 |
| 2 Bedroom | N/A | N/A | $1,070 |
| 3 Bedroom | N/A | N/A | $1,500 |
| 4 Bedroom | N/A | N/A | $1,800 |
Affordability — Collbran, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $410,000 |
| Median Household Income | $89,900 |