Greeley, Colorado Real Estate & Housing Market

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Greeley Housing Information

Index	Greeley	Colorado	National
Median home price	$183,300	$264,600	$184,700
Median rent asked	$831	$1,057	$949
Avg. people per household	2.7	2.5	2.6
Owner occupied households	57.3%	64.4%	63.6%
Renter occupied households	42.7%	35.6%	36.4%

Above is a snapshot look at the real estate market in Greeley, CO. In Greeley, CO, the median house price is $183,300, making the price 31% lower than that the average for Colorado. Therefore, the affordability of Greeley, CO area real estate is more affordable than the real estate in other areas of Colorado. In addition, Greeley, CO has a median rent price of $831; this price is 21% lower than that the average rental price for Colorado. 57.3% of residents in Greeley, CO are homeowners, and the average amount of people who reside in each home is 2.7. Greeley, CO has a wide array of real estate options available, ranging from cost-friendly condos to high-end luxury homes. We filter listings by number of bathrooms and bedrooms, price and area to simplify the search process for Greeley, CO real estate for sale.

Greeley Home Affordability

When looking for real estate in Greeley, CO, nothing is more important than affordability. There are several methods to calculate the affordability of a home, but perhaps the best way is the home price to median household income ratio. In Greeley, CO, the median price of a home is $183,300 and $50,483 is the median household income. This means that the home price to income ratio is 3.6x, a ratio that is 14% lower than the average in Colorado. The median home price is divided by the median home income to calculate the home affordability ratio. Homes in Greeley, CO will be more financially accessable if the ratio has a lower than average home price to home income. These are not the only aspects to look at when determining the affordability of a home. A home affordability calculator offers a much more exact overview of the true affordability of a property. Use the calculator below to better determine how much you can pay for real estate in Greeley, CO.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Garden City, CO	240	$107,800	42%
Pierce, CO	966	$146,900	20%
Gilcrest, CO	951	$150,200	19%
Kersey, CO	1,664	$156,200	15%
La Salle, CO	2,588	$157,800	15%
Greeley, CO	98,975	$183,300	1%

Cities with similar population

City, State	Population	Home Price	National Avg.
Flint, MI	98,918	$30,000	84%
Davie, FL	98,717	$225,500	22%
San Angelo, TX	98,694	$112,800	39%
Roanoke, VA	99,329	$133,000	28%
Vista, CA	98,560	$392,700	113%
Greeley, CO	98,975	$183,300	1%

Source: The Greeley, CO housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).