The story of this market
The typical home in ZIP 81501 sells for about $394,900, or $215 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 58 days to sell. HUD's fair market rent for a two-bedroom is $1,400 a month.
ZIP 81501 — Grand Junction
The 81501 housing market shows steady demand with a median listing price of $394.9K and a median rent of $1.4K. While inventory remains tight, the area continues to attract interest due to its relative affordability compared to the broader Colorado market. Figures for specific metrics like price-cut percentage and months of supply are based on current market reports, though some granular historical data points were not available for this specific ZIP.
This ZIP is well-suited for budget-conscious buyers, renters, and those seeking access to outdoor recreation, as it offers more affordable housing options compared to the broader region.
Median prices moved up 2.5% year over year.
Homes spend a median of 58 days on market with 3.2 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 16.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 81501, Mesa County CO
Crime rates in Grand Junction are generally higher than the Colorado state average, with property crime being the most frequently reported issue in the urban core.
Schools serving the 81501 area are part of Mesa County Valley School District 51, which maintains a mix of traditional public schools and specialized magnet programs.
The area faces moderate risks related to wildfire smoke and occasional flash flooding, though it is not located in a high-risk coastal or hurricane zone.
Economic momentum is driven by the healthcare, energy, and tourism sectors, with ongoing revitalization efforts in the downtown Grand Junction area.
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.
Residents primarily rely on personal vehicles for commuting, with I-70 serving as the primary regional artery connecting the area to employment hubs.
The area features proximity to the Colorado River, numerous city parks, and is a gateway to outdoor recreation including the Colorado National Monument and nearby trail systems.
The rental market is characterized by high demand and a significant renter share, with vacancy rates remaining tight due to the area's role as a regional hub.
The economy is anchored by St. Mary's Medical Center, regional energy companies, and the public sector, serving as the primary economic hub for Western Colorado.
The area is served by the Grand Junction Regional Airport and is connected to the regional transit network via Grand Valley Transit.
Development is focused on infill projects and the expansion of residential capacity near the downtown core.
The Mesa County Assessor's office conducts biennial property valuations based on market data and physical inspections.
Parcels are subject to Mesa County Valley School District 51 and various local water and sanitation districts.
Property insurance premiums are influenced by regional wildfire risk and the cost of construction materials in the mountain west.
Data retrieved from US Census Bureau ZCTA 81501 profiles.
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.
Provides extensive riverfront access and trail systems.
Historic district with local boutiques and restaurants.
Features a public pool, golf course, and stadium facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.