The story of this market
The typical home in Grand Junction, Colorado sells for about $429,488, or $281 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 21 days to sell, which is fast.
Monthly price momentum
Home values since 2015
+0.4%
CO · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Grand Junction, Colorado
Grand Junction is experiencing a period of focused growth, with the city actively working to bridge the gap between housing supply and demand through significant municipal investment and regulatory compliance. While home prices have seen modest year-over-year growth, the market remains constrained by a persistent housing shortage that officials are attempting to mitigate through new construction initiatives. Data gaps exist regarding specific school district ratings and utility providers at the city level.
No ARED county foreclosure postings attributed to Grand Junction yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 2 researched ZIP reports of 5 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 3.0% year over year.
Homes spend a median of 50 days on market with 3.6 months of supply — a fast-moving market.
16% of listings have cut prices · homes sell at 98.4% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 11.9% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A major regional outdoor recreation area offering river access, trails, and camping, serving as a key amenity for residents.
The historic core of the city featuring local businesses, restaurants, and community events, acting as a central hub for social and economic activity.
A central municipal park providing sports facilities and green space, highly utilized for community gatherings and recreation.
A large-scale event space hosting regional fairs, agricultural shows, and community gatherings, drawing visitors from across the valley.
The local economy is anchored by healthcare, education, and regional services, with significant recent focus on housing development and infrastructure to support a growing workforce.
Grand Junction is actively addressing a housing shortage, having recently met Proposition 123 requirements by facilitating the development of 374 affordable units. The city has invested over $11.8 million in housing initiatives to support construction and preservation, with major partners including the Grand Junction Housing Authority and local non-profits.
The city is currently executing a housing action plan to address a projected need for nearly 7,000 new units by 2036, with active municipal funding for affordable housing projects.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Colorado) — Statutory Agricultural Land Reclassification and Improvement Valuation: Under C.R.S. § 39-1-102(1.6)(a)(I), up to two acres of land directly underlying a residential improvement on agricultural parcels are segregated and assessed at residential rates (6.80% / 7. State (Colorado) — Senior and Disabled Veteran Property Tax Homestead Exemption: Exempts 50% of the first $200,000 of actual market value of the qualifying primary residential parcel from property taxation (a maximum actual value deduction of $100,000). State (Colorado) — Colorado Split Residential Property Tax Assessment Rate Structure: Imposes annual ad valorem property taxes determined using a bifurcated assessment rate system. Assessed Value = Actual (Market) Value × Assessment Rate. Beginning for tax years 2025/2026, residential property is assessed at 6.
Data retrieved from Census Reporter profile for Grand Junction CCD.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.