Ridgway, CO housing market
The typical Ridgway home is worth about $852,000, up 4.6% in a year, 60% above the Colorado typical home.
Home values, sales, trends and how Ridgway compares with the towns next door — updated as new data is published.
Ridgway at a glance
Only 2 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Ridgway | Colorado |
|---|---|---|
| 2017 | $415,000 | $339,000 |
| 2018 | $448,000 | $366,000 |
| 2019 | $474,000 | $389,000 |
| 2020 | $506,000 | $406,000 |
| 2021 | $575,000 | $444,000 |
| 2022 | $727,000 | $523,000 |
| 2023 | $784,000 | $548,000 |
| 2024 | $815,000 | $549,000 |
| 2025 | $825,000 | $555,000 |
| 2026 | $835,000 | $542,000 |
| August 2026 | $852,000 | $533,000 |
12 new homes permitted in 2025
Builders were permitted 12 new homes in Ridgway in 2025, all single-family houses, worth about $6.8 million to build. That's 9.7 per 1,000 residents, faster than across Colorado (6.9). Over the past 10 years, Ridgway has permitted 256 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Ridgway gained 259 residents while 81 new homes were permitted: about 3.2 new residents per new home. Building and growth moved roughly in step. 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) | 6 | 6 | 0 | $3.9 million |
| 2025 | 12 | 12 | 0 | $6.8 million |
| 2024 | 37 | 15 | 22 | $7.8 million |
| 2023 | 41 | 8 | 33 | $20.3 million |
| 2022 | 22 | 14 | 8 | $11.4 million |
| 2021 | 75 | 10 | 65 | $18 million |
| 2020 | 16 | 16 | 0 | $5.3 million |
| 2019 | 14 | 14 | 0 | $4.6 million |
| 2018 | 14 | 12 | 2 | $4.4 million |
| 2017 | 13 | 9 | 4 | $2.6 million |
| 2016 | 12 | 8 | 4 | $2.4 million |
| 2015 | 9 | 9 | 0 | $1.9 million |
| 2014 | 10 | 10 | 0 | $5 million |
| 2013 | 7 | 7 | 0 | $2 million |
| 2012 | 2 | 2 | 0 | $300,000 |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
10.2 years of income
The typical Ridgway home costs about 10.2 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 $1,610
HUD's Fair Market Rent for a two-bedroom in Ridgway is $1,610 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Ridgway pay a median of $1,577. A two-bedroom takes about 23% of the town's median household income.
Studio $1,230 · 4 bedrooms $2,530
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (81432; Ouray 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.
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. 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.