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Pueblo real estate market overview
- Average Monthly Rent: $950
- Home Price/Value Percentage Change: 1.50%
- Median Home Value: $287,732
- Best Time To Sell a Home: August
- Affordability Index: Moderate
- Days To Sell a House: 60
- Job Market: Fair
- Public School Ranking: 24
Location and weather
Pueblo is in southeast Colorado, along the Great Plains and borders the Rocky Mountains. It's situated on the Arkansas River, with an elevation of 4,690 feet. The Lake Pueblo State Park offers water sports of all kinds, and the Whitewater Park on the Arkansas River has become a destination for kayaking.
Pueblo summers are very warm, while the winters are cold and dry. The summer temperatures are in the 90's, with lows in the 60's. The winter temperatures are in the 50's, with lows under 20 degrees.
Population, job market and cost of living
The population of Pueblo in 2023 is 113,460, with a growth rate of 0.47%. Greeley and Fort Collins will more than double in population, and the Western Slope will grow by two-thirds by 2050.
The job growth has decreased by -2.44% and in ten years, is predicted to have increased by 34.95%. The largest industries are the Steel Industry, which continues to flourish as Evraz Rocky Mountain Steel, and Vestas North America, which manufactures 90-meter wind towers in Pueblo. Agriculture and healthcare are also some of the top industries within this area. The largest employers include Crossroads Turning Points, Atlas Pacific Engineering, Pueblo Diversified Industries, El Pueblo Academy and Pueblo Community College.
The cost of living is moderate, due to the Pueblo real estate market and low-cost housing. With a beautiful river and mountain setting, good job growth in diversified industries, nearby parks, and low cost of living, which is unusual for Colorado, Pueblo will continue to attract those that want to live and work in an affordable Colorado city.
Pueblo real estate market details
- Bessemer
- Belmont
- Northside
- Sunny Heights
- Regency
The average monthly rent is $950 for an average apartment size of 850 sq. feet.
There has been a 1.5% increase in median home value over the last year. As of 2023, the median home value is $287,732
On average, homes in Pueblo sell after 60 days on the market.
The best time to sell a home for the highest valued sale is during August. For the quickest sale, homeowners should sell in July.
The affordability index in Pueblo is 89. This number indicates moderate affordability in this city.
The top ranked public schools are The Connect Charter School, Immersion School Science Technology Arts, Paragon Learning Center, Villa Bella Expeditionary School and Cedar Ridge Elementary School. This information is based on data measuring academic performance and equity.