Property Makler
Advanced analytics for residential real estate investing

Pueblo, CO housing market

Housing market indicators

Indicator	2022	2023	2024	2025*	2022	2023	2024	YTD
Median Listing Price per Square Feet	$174	$173	$173	$186	5.5%	-0.6%	0%	7.5%
Active Listing Count	621	616	857	1,175	89.3%	-0.8%	39.1%	37.1%
Median Days on Market	59	65	76	92	47.5%	10.2%	16.9%	21.1%
Share of listings with price increase	0.7%	0.6%	0.5%	0.4%
Share of listings with price decrease	20.4%	23.9%	24.1%	23.2%

* last available value

Note: 12M MA - 12 months moving average, Permits - New Private Housing Structures Authorized by Building Permits. Source: FRED

The Pueblo, CO Metropolitan Statistical Area (MSA) consists of Pueblo County, with a 2024 population of 169,866.
Key geographic areas include the urban core of Pueblo city, the growing suburb of Pueblo West, rural communities like Rye and Boone, and smaller CDPs such as Colorado City, Salt Creek, Beulah Valley, Blende, Vineland, and Avondale.
The MSA covers 2,386.6 square miles with a density of 71 people per square mile.
Pueblo city dominates as the county seat and largest municipality, located along the Arkansas River in southern Colorado's Front Range Urban Corridor.

Area	City/town	Population	Density	Income	Quality of Schools	Crime level	Property tax (%)	Comments
Urban Core	Pueblo	110,980 (2025 est.)	1,965/sq mi	Low-median	GreatSchools 3-7	Moderate-high	0.7%	County seat, industrial hub, diverse population 49% Hispanic.
Suburban West	Pueblo West	35,512 (2025 est.)	716/sq mi	Median	GreatSchools 4-8	Low-moderate	0.7%	Fastest-growing CDP, family-oriented, newer housing stock.
Rural South	Colorado City	1,867 (2025 est.)	124/sq mi	Low	GreatSchools 2-6	Moderate	0.7%	Recreational area near Lake Pueblo, seasonal population.
Rural North	Salt Creek	841 (2025 est.)	1,947/sq mi	Low-median	GreatSchools 3-5	Low	0.7%	Small CDP, growing slowly, affordable housing.
Mountain Rural	Beulah Valley	665 (2025 est.)	259/sq mi	Median-high	GreatSchools 5-7	Low	0.7%	Scenic, retiree-friendly, limited services.
East Rural	Blende	609 (2025 est.)	726/sq mi	Low	GreatSchools 2-4	Moderate	0.7%	Agricultural area, declining population.
Agricultural	Vineland	442 (2025 est.)	781/sq mi	Low	GreatSchools 3-6	Low	0.7%	Farming community, growing modestly.
Plains Rural	Boone	308 (2025 est.)	813/sq mi	Low	GreatSchools 4-6	Low-moderate	0.7%	Small town, stable population, rural charm.
Mountain Rural	Avondale	305 (2025 est.)	486/sq mi	Low	GreatSchools 2-5	Moderate	0.7%	Declining, near Arkansas River, flood-prone.
Mountain Rural	Rye	202 (2025 est.)	2,149/sq mi	Median	GreatSchools 5-7	Low	0.7%	Smallest town, high density for rural, outdoor access.

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Median household income in Pueblo MSA lags state average at around $55,000-$60,000, with 20-25% poverty rate.
Per capita income approximately $28,000, lower in urban Pueblo core, higher in suburbs like Pueblo West.
Education attainment: 20-25% bachelor's degree or higher, below Colorado's 40%; high school completion near 85%.
Large Hispanic population (41% MSA-wide) correlates with lower median incomes but growing educational gains.
Aging demographic: 20% over 65, supporting demand for senior housing.
Workforce heavily blue-collar, with 30% in service occupations.

Healthcare and social assistance: largest employer, 15-20% of jobs, anchored by St. Mary-Corwin and Parkview hospitals.
Manufacturing: steel production at Evraz Steel, industrial goods, 10-12% employment.
Government: federal, state, local jobs including Pueblo Chemical Depot legacy sites, 12% share.
Education: Colorado State University Pueblo, Pueblo Community College, 8-10% jobs.
Retail and tourism: minor, tied to Historic Arkansas Riverwalk and Lake Pueblo State Park.
Declining: traditional steel and agriculture, offset by logistics near I-25 corridor.

Zoning openness moderate: Pueblo County allows single-family and multi-family in urban zones, but rural areas restrict high-density.
Regulatory strictness low-moderate: faster permitting than Front Range cities, but environmental reviews near Arkansas River slow projects.
Construction workforce cost low: local labor abundant from manufacturing base, wages 10-15% below state average.
Land availability high: vast rural acreage in Pueblo County enables suburban expansion like Pueblo West.
New construction steady: 1,000-1,500 units annually, focused on single-family homes under $350,000.
Challenges: water rights constraints limit large developments; aging infrastructure in core Pueblo raises rehab costs.

Net migration positive but slow: +1,000 annually, drawn by affordability vs. Colorado Springs (45 miles north).
Growing industries: healthcare expansion adds 500 jobs/year, boosting mid-income demand.
Logistics and distribution: I-25 proximity attracts warehouses, increasing blue-collar influx.
Retiree migration: low cost of living pulls seniors to Pueblo West and Beulah Valley.
Declining sectors: steel volatility causes minor out-migration from urban core.
Remote work trend: post-2020, appeals to workers seeking space outside Denver metro.

Affordability gap: median home price $280,000-$320,000, but low incomes strain first-time buyers.
Inventory shortage: 3-4 months supply, pushing prices up 5-7% yearly.
Urban decay: older Pueblo neighborhoods face vacancy and crime, deterring investment.
Infrastructure lag: potholed roads, outdated utilities in core areas raise maintenance costs.
Water scarcity: Arkansas River allocations limit growth; drought risks elevate insurance.
Workforce housing deficit: healthcare growth outpaces rentals for entry-level staff.
Flood risk: river proximity impacts 10-15% of properties, complicating financing.

Area	Appreciation potential	Risk	Key drivers
Pueblo West	High	Low	Population growth 1.12%/year, suburban appeal, new builds, retiree demand.
Pueblo Urban Core	Medium	Medium-high	Downtown revitalization, university proximity, offset by crime and aging stock.
Beulah Valley/Rye	Medium-high	Medium	Scenic appeal, low density, remote worker influx, wildfire risk.
Colorado City	Medium	Low-medium	Lake recreation, seasonal demand, stable but slow growth.
Salt Creek/Vineland	Low-medium	Low	Affordable entry-level, modest growth, agricultural stability.
Blende/Avondale/Boone	Low	Medium-high	Declining/flat population, flood-prone, rural isolation.

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