Paonia, CO housing market
The typical Paonia home is worth about $469,000, up 2.5% in a year, 12% below the Colorado typical home.
Home values, sales, trends and how Paonia compares with the towns next door — updated as new data is published.
Paonia at a glance
Typical home value, 2016–2026
Show as a table
| January | Paonia | Colorado |
|---|---|---|
| 2017 | $223,000 | $339,000 |
| 2018 | $239,000 | $366,000 |
| 2019 | $271,000 | $389,000 |
| 2020 | $300,000 | $406,000 |
| 2021 | $343,000 | $444,000 |
| 2022 | $397,000 | $523,000 |
| 2023 | $426,000 | $548,000 |
| 2024 | $427,000 | $549,000 |
| 2025 | $451,000 | $555,000 |
| 2026 | $468,000 | $542,000 |
| August 2026 | $469,000 | $533,000 |
1 new home permitted in 2025
Builders were permitted 1 new home in Paonia in 2025. That's 0.6 per 1,000 residents, slower than across Colorado (6.9). Over the past 10 years, Paonia has permitted 42 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Paonia's population fell by 4 even though 29 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Colorado: 2.5 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 3 | 3 | 0 | $875,000 |
| 2025 | 1 | 1 | 0 | $310,000 |
| 2024 | 7 | 7 | 0 | $2 million |
| 2023 | 2 | 2 | 0 | $240,000 |
| 2022 | 1 | 1 | 0 | $42,000 |
| 2021 | 4 | 1 | 3 | $100,000 |
| 2020 | 4 | 1 | 3 | $100,000 |
| 2019 | 4 | 2 | 2 | $871,000 |
| 2018 | 3 | 3 | 0 | $506,000 |
| 2017 | 15 | 15 | 0 | $4.4 million |
| 2016 | 1 | 1 | 0 | $130,000 |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 4 | 4 | 0 | $691,000 |
| 2012 | 1 | 1 | 0 | $225,000 |
| 2011 | 1 | 1 | 0 | $430,000 |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 5 | 5 | 0 | $863,000 |
| 2008 | 1 | 1 | 0 | $150,000 |
| 2007 | 2 | 2 | 0 | $210,000 |
| 2006 | 5 | 5 | 0 | $993,000 |
| 2005 | 1 | 1 | 0 | $120,000 |
| 2004 | 1 | 1 | 0 | $135,000 |
| 2003 | 2 | 2 | 0 | $558,000 |
| 2002 | 1 | 1 | 0 | $135,000 |
| 2001 | 2 | 2 | 0 | $200,000 |
| 2000 | 19 | 19 | 0 | $1.2 million |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
7.9 years of income
The typical Paonia home costs about 7.9 years of the town's median household income, more than across Colorado (5.6 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,200
HUD's Fair Market Rent for a two-bedroom in Paonia is $1,200 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Paonia pay a median of $897, so moving in tends to cost more than staying put. A two-bedroom takes about 24% of the town's median household income.
Studio $900 · 4 bedrooms $2,030
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (81428; Delta County, CO), 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.
Recent listings in Paonia
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.