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Vail Housing Information

IndexVailColoradoNational
Median home price$556,600$264,600$184,700
Median rent asked$1,377$1,057$949
Avg. people per household2.42.52.6
Owner occupied households62.8%64.4%63.6%
Renter occupied households37.2%35.6%36.4%
Above, you'll find an overview of the real estate market in Vail, CO. Generally, real estate in the Vail, CO area is less affordable in Colorado, as the median price of a home in Vail, CO is $556,600, which is 110% higher than the Colorado average. The median rental price in Vail, CO is $1,377. This is 30% higher than the average rental price in Colorado. Home owners comprise 62.8% of the population of Vail, CO, where an average of 2.4 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in Vail, CO. Below, you can search for real estate listings in Vail, CO using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.

Vail Home Affordability

When searching for real estate in Vail, CO, home affordability is a critical aspect. The ratio of the house price to the median household income is one method used to figure out home affordability. In Vail, CO, the median house price is $556,600, while the median income for households in the area is $73,125. Therefore, the ratio of house price to income is 7.6x; this ratio is 80% higher than the average in Colorado. The calculation for the ratio of home affordability requires dividing the median household income by the median house price. The lower the aforementioned ratio, the more affordable homes are - when comparing the house price to the household income. However, there are more factors that come into play in terms of home affordability. The calculator below determines home affordability, and it can help you decide how much money you can afford to pay for real estate in Vail, CO.

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Red Cliff, CO246$331,00079%
Avon, CO6,444$369,700100%
Frisco, CO2,909$500,700171%
Copper Mountain, CO292$547,800197%
Minturn, CO1,029$551,600199%
Vail, CO5,363$556,600201%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Somerdale, NJ5,362$161,60013%
Winston, OR5,364$149,90019%
Thiells, NY5,365$371,800101%
Spring Valley, IL5,365$103,40044%
Diboll, TX5,360$54,40071%
Vail, CO5,363$556,600201%

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