Cortez, CO · Houses & Market Data

Cortez, Colorado houses and real estate market data.

Houses in Cortez, CO (Montezuma County) — Census median home value $226,700, county listing prices up about 0.6% over the past year. Market data for Cortez houses and the broader area.

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Cortez, CO is in Montezuma County, Colorado — this guide covers houses in Cortez and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 8,898, with a median household income of $51,377. Census data puts the median value of houses in Cortez at $226,700.

Info from government sites and builders may have provided source info.

Market overview

Cortez housing market

Cortez is in Montezuma County, Colorado. Manifest Census and county price-trend data provide baseline context for houses in Cortez and the surrounding county market.

Median home value (Census ACS)

$226,700

Population (Census ACS)

8,898

Median household income

$51,377

County price trend (2025)

0.64% YoY

Population, income, and median home value from the project batch manifest (Census ACS 2023 5-year). County price trend from FHFA county HPI when present in the manifest row.

At a glance

Cortez market snapshot

Population

8,898

County

Montezuma County

Median Household Income

$51,377

Median Home Value (city)

$226,700

Median Gross Rent

$1,028/mo

Price Trend (YoY)

+0.6%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. See About

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Why Cortez

What makes Cortez different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Cortez's median home value — across all owner-occupied homes, not just recent sales — at $226,700.

County Price Trend

Montezuma County's FHFA house price index shows a 0.64% annual change in 2025.

Population & Income

Cortez has an estimated population of 8,898 and a median household income of $51,377, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Cortez's Census-reported median home value works out to about 4.4x the area's median household income, and median gross rent runs roughly 24% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

Nearby

Places around Cortez

County guide: Montezuma County — cities, market context, and local resources for the county that includes Cortez.

USAHouses.com also helps visitors looking in nearby Montezuma County and other Colorado communities. Some locations may not yet have dedicated pages, but many licensed professionals in this region assist surrounding communities.

Nearby communities include Dolores, Lewis, Towaoc, Mancos.

More Colorado cities with market guides: Aurora, Fort Collins, Lakewood, Thornton, Arvada, Westminster, Pueblo, Greeley.

Adjacent-county Census places with USAHouses.com pages: Marvel (~29.8 mi), Dove Creek (~34.0 mi), Rico (~38.0 mi), Durango (~39.1 mi), Ophir (~53.8 mi), Placerville (~54.0 mi), Ignacio (~54.1 mi), Sawpit (~54.5 mi), Bayfield (~54.6 mi), Norwood (~56.0 mi), Mountain Village (~56.3 mi), Southern Ute (~57.3 mi), Telluride (~58.2 mi), Silverton (~59.2 mi).

New construction: New homes near Cortez (Aurora) · New homes near Cortez (Colorado Springs) · Colorado new construction.

Census & home facts

Cortez data from published sources

Population (ACS 2023)

8,898

Median home value (ACS 2023)

$226,700

Median household income (ACS 2023)

$51,377

Median gross rent (ACS 2023)

$1,028

County FHFA annual change (2025)

0.64%

Census place type

city

County

Montezuma County

Land area (Census Gazetteer 2024)

6.23 sq mi

Census GEOID

0817375

Census ACS, FHFA, and FRED figures are labeled with the year present in existing CSVs. Subject to change / confirm locally.

Local life

Life in Cortez

Schools

Montezuma-Cortez School District No. Re-1 — 10 schools, 2,449 students enrolled, per the U.S. Department of Education's Common Core of Data. Montezuma addresses may be served by Montezuma-Cortez School District No. Re-1, but attendance zones vary by street — confirm assigned schools with the district before making a move.

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Common questions

Cortez FAQ

What are houses worth in Cortez, CO?

The Census Bureau's American Community Survey puts the median value of houses in Cortez at $226,700.

How much do houses cost in Cortez, CO?

For owner-occupied houses in Cortez, Census ACS data shows a median value of $226,700. Active listing prices in Montezuma County may differ — see the market snapshot above.

What types of houses are in Cortez, CO?

Cortez houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Montezuma County communities where builders are active. The housing-stock section below uses Census ACS structure counts when available for this city.

What is the population of Cortez, CO?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Cortez's population at approximately 8,898.

What's the median rent in Cortez, CO?

The Census ACS estimates median gross rent in Cortez at approximately $1,028 per month.

What is the median household income in Cortez, CO?

Census ACS data puts the median household income in Cortez at approximately $51,377.

Is the Cortez housing market growing?

Montezuma County's FHFA house price index shows a 0.64% annual change in 2025.

Is Cortez, CO affordable relative to income?

Census ACS data puts Cortez's median home value at about 4.4 times the median household income, with median gross rent equal to roughly 24% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

What school district serves Cortez, CO?

Manifest and public school-directory data suggest Montezuma-Cortez School District No. Re-1 for many Cortez addresses, but attendance zones vary by street — verify your assigned schools with the district before making a move.

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