7 Cities with Fastest Growing Home Prices in Pueblo Metro Area

This article discusses the fastest growing home prices in Pueblo Metro was written by Stacker. We are publishing it here with their permission.

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket.

The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Pueblo, CO metro area using data from Zillow. Cities are ranked by 1-year price change as of September 2022.

The typical home value in the United States increased over the last year by +14.1% to $356,054. All 7 cities and towns with data available were included in the list.

Cities with Fastest Growing Home Prices in Pueblo Metro Area

#7. Fowler, Fowler

– 1-year price change: +$25,665 (+18.6%)
– 5-year price change: +$66,384 (+68.3%)
– Typical home value: $163,574 (#7 most expensive city in metro)

#6. Pueblo, Pueblo

– 1-year price change: +$43,980 (+16.2%)
– 5-year price change: +$154,398 (+96.4%)
– Typical home value: $314,639 (#4 most expensive city in metro)

#5. Boone, Boone

– 1-year price change: +$44,084 (+24.0%)
– 5-year price change: +$112,996 (+98.2%)
– Typical home value: $228,115 (#6 most expensive city in metro)

#4. Avondale, Avondale

– 1-year price change: +$44,619 (+21.7%)
– 5-year price change: +$117,856 (+88.9%)
– Typical home value: $250,425 (#5 most expensive city in metro)

#3. Colorado City, Colorado City

– 1-year price change: +$53,573 (+17.9%)
– 5-year price change: +$159,664 (+82.5%)
– Typical home value: $353,085 (#2 most expensive city in metro)

#2. Rye, Rye

– 1-year price change: +$61,176 (+21.3%)
– 5-year price change: +$164,055 (+88.7%)
– Typical home value: $349,060 (#3 most expensive city in metro)

#1. Beulah, Beulah

– 1-year price change: +$64,101 (+20.6%)
– 5-year price change: +$167,394 (+80.8%)
– Typical home value: $374,588 (#1 most expensive city in metro)

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This article was produced by Stacker and was syndicated by Wealthy Living

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