Housing · Grand Junction

Grand Junction, CO housing market

The typical Grand Junction home is worth about $423,000, up 1.8% in a year, 21% below the Colorado typical home. Homes typically sell in 31 days, below asking.

Home values, sales, trends and how Grand Junction compares with the towns next door — updated as new data is published.

The market right now

Grand Junction at a glance

Typical home value
$423K
▲ 1.8% in a year · Zillow
Median sale price
$449K
May 2026 · Redfin
Days on market
31
Colorado: 35 days
Sale-to-list
98.4%
Homes sell below asking
Homes sold
148
in May · 356 for sale
Market temperature

A seller's market

Buyer's marketBalancedSeller's market

Supply is tight — about 2.4 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.

Ten-year trend

Typical home value, 2016–2026

Grand JunctionColorado
$200K$250K$300K$350K$400K$450K$500K$550K$600K 20182020202220242026 Grand Junction $423K Colorado $533K
Show as a table
JanuaryGrand JunctionColorado
2017$218,000$339,000
2018$235,000$366,000
2019$254,000$389,000
2020$274,000$406,000
2021$302,000$444,000
2022$359,000$523,000
2023$380,000$548,000
2024$393,000$549,000
2025$413,000$555,000
2026$420,000$542,000
August 2026$423,000$533,000
Nearby

Grand Junction and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr change2-bed rentMedian income
Grand Junction $423K +1.8% $1,430 $70,080
Redlands — +0.2%† $1,720 $92,391
Orchard Mesa — +4.2%† $1,220 $80,359
Clifton $333K +1.2% $1,300 $52,100
Fruitvale — +5.3%† $1,480 $77,887

† FHFA price index change, where Zillow has no home value for the town.

Affordability

6 years of income

The typical Grand Junction home costs about 6 years of the town's median household income, more than across Colorado (5.6 years).

How Grand Junction ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
63.5%
Colorado: 66.2%
Median tax bill
$1,463
Colorado: $2,602
Median rent
$1,142
Colorado: $1,761
Typical home built
1988
Colorado: 1988

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,430

HUD's Fair Market Rent for a two-bedroom in Grand Junction is $1,430 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Grand Junction pay a median of $1,142, so moving in tends to cost more than staying put. A two-bedroom takes about 24% of the town's median household income.

1 bedroom
$1,130
a month, with utilities
2 bedrooms
$1,430
a month, with utilities
3 bedrooms
$1,990
a month, with utilities
Share of income
24%
2 bedrooms ÷ median income

Studio $1,010 · 4 bedrooms $2,400

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (81501, 81503, 81504, 81505, 81506, 81507; Grand Junction, CO MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01