Grand Junction, CO 81503 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demographics
Economy
Grand Junction, CO — 81503
Market Hotness
44
Hotness Rank
#7,714
Hotness Score
44
Supply Score
36
Demand Score
52
DOM vs US
+5.8%
Slower
Price vs US
124%
Above avg
Median Listing Price
$531K
Population
16,558
Households
69,969
Median Days on Market
59
Active Listings
74
New Listings
26
Housing Market
Pricing
Median Listing Price
$531K
+23.2% YoY
Average Listing Price
$547K
+15.9% YoY
Price per Sq Ft
$289
+4.9% YoY
Median Sq Ft
1,730
+5.1% YoY
Inventory
Active Listings
74
-8.1% YoY
New Listings
26
-23.5% YoY
Total Listings
112
-10.8% YoY
Buyer Competition
Pending Listings
38
-15.6% YoY
Pending Ratio
0.51
-4.5% YoY
Median Days on Market
59
+14.1% YoY
Price Reduced
20.1%
-4.4% YoY
Units & Occupancy
2024 Occupancy
70K
units
Occupied
65,830
94.1%
Vacant
4,139
5.9%
2024 Tenure
66K
occupied
Owner
47,707
72.5%
Renter
18,123
27.5%
Renter Share
27.5%
-2.1% YoY
Total Housing Units
69,969
+1.6% YoY
FY2026 Fair Market Rent — Mesa County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$881
/month
1 BR
$986
/month
2 BR
$1,249
/month
3 BR
$1,737
/month
4 BR
$2,095
/month
FMR Trends — Mesa County
Source: HUD Fair Market Rents
Demographics
Median Age
41.3
2024
Population
ZIP Population
16,558
+2.6% YoY
Mesa County Population
161,260
+1.0% YoY
Households
Total Households
65,830
+2.0% YoY
Household Types
--
Not reported for this area (ACS).
Avg Household Size
2.34
-1.3% YoY
Age
2024 Age Mix
159K
residents
Under 18
32,410
20.4%
Adults 18–64
92,779
58.5%
65 & Over
33,412
21.1%
Age Composition Over Time
2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18
Adults 18–64
65 & Over
Population Under 18
32,410
-1.2% YoY
Population 65 & Over
33,412
+3.9% YoY
Median Age
41.30
+1.2% YoY
Mobility & Veterans
2024 Residential Mobility
of residents
Same house
84.7%
Moved (within US)
15.0%
Other
0.3%
Veterans
9.5%
+2.2% YoY
Economy
Income
Median Household Income
$74K
+3.0% YoY
Per-Capita Income
$40K
+3.9% YoY
Mean Household Income
$95K
+2.9% YoY
Poverty
Below Poverty Level
10.7%
-4.5% YoY
Transportation to Work
2023 Commute Mode
of workers
Drove alone
72.7%
Public transit
0.8%
Worked from home
13.1%
Other
13.4%
Worked From Home
13.7%
+4.6% YoY
Mean Commute
18.90
-2.1% YoY
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