81650, Rifle, CO

Rifle, Colorado is located in the eastern part of the state and has a population of just over 10,000 people. The median household income in Rifle is just over $60,000, which is significantly lower than the statewide median of $75,000. However, home prices in Rifle are much higher than the statewide median of $269,500. The average home value in Rifle is currently $369,500.

There are a number of factors that have contributed to the high home values in Rifle. First and foremost is the fact that Rifle is a relatively new town and there are still a lot of people who want to live here. Additionally, there are not many other options for housing within commuting distance. Finally, Rifle has excellent schools and amenities that make it an attractive place to live.

Despite these positive factors, there are some challenges facing residents of Rifle when it comes to buying or selling homes. One issue is that there isn't a lot of inventory available for sale in Rifle at any given time; this can lead to long wait times for properties that do come up for sale. Another challenge is that prices tend to be very volatile; they can go up or down quite a bit from month to month or year to year.