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Pueblo Colorado Real Estate - Real Estate in Pueblo, Colorado

average sold month homes

With 105,000 citizens calling it home, Pueblo, Colorado is one of the most populous cities in the entire state. With the city being located just under one mile above sea level and a total area of 45 square miles, Pueblo provides great opportunity for expansion and prosperity. Its rather low population density of just over 2,300 people per square mile means that there is a good amount of room for further land development in the area.

The recent housing crisis has not treated Pueblo overly well in terms of houses being sold. In 2006, Pueblo was averaging about 300 home sold per month. However, 2009 saw the number of houses that were sold drop to an average of 150 per month. One good indicator that Pueblo was not one of the more severe hit areas is the median selling price for homes remained relatively steady at just under $120,000. If you are looking to rent an apartment/condominium in Pueblo, you can expect to pay a little over $500/month for your property.

Most of the homes in Pueblo were built prior to 1980, as the area was very popular amongst miners back in the early 1900s. The average owner-occupied house is going to have three bedrooms and one-and-a-half bathrooms, while the average rental apartment will have between one or two bedrooms and one bathroom.

Most homes are valued somewhere in the area between $100,000 and $200,000. The average rent that a person will be expected to pay is in the range of $350 to $650, which makes Pueblo a relatively inexpensive place to live. The area is also known for the amount of jobs that it makes available to its residents, as the average commute time for a citizen of Pueblo is between 5 and 20 minutes.

With plenty of local jobs and inexpensive housing, Pueblo provides the perfect opportunity for someone looking for work to make their way to a friendly community with wonderful scenery and fresh air.

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