Saguache, CO

Real estate in Saguache, Colorado is a hot commodity. The town is located in the San Luis Valley, which has long been known for its agricultural production. However, over the past few years, real estate prices in Saguache have skyrocketed as the town has become more popular with tourists and retirees.

The median home price in Saguache was $269,000 as of September 2017. This is significantly higher than the statewide median home price of $183,500 and even higher than the national median home price of $217,500. In addition to high prices, Saguache also has a low unemployment rate and strong economy. This combination has led to an influx of new residents and increased demand for real estate.

One reason why real estate prices are so high in Saguache is that there are limited options for housing. The town only has about 1,000 homes available for sale or rent, which means that there is a lot of competition for properties. Additionally, many people are attracted to the town because it is relatively remote and rural compared to other areas in Colorado Springs or Denver.

Despite the high prices and limited availability of housing, some people still believe that Saguache is a good place to live due to its peaceful atmosphere and beautiful scenery. The town also offers plenty of amenities such as restaurants and shopping districts.