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Advertise here →Cortez, CO · Market Data
Cortez, Colorado real estate market data.
Real estate market data for Cortez, CO (Montezuma County) — Census median home value $226,700, county listing prices up about 0.6% over the past year.
Cortez, CO is in Montezuma County, Colorado — covering the whole local market here: 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 Cortez's median home value at $226,700.
At a glance
Cortez market snapshot
Population
8,898
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. Full source list ↗
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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.
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Common questions
Cortez FAQ
What are home values like in Cortez, CO?
The Census Bureau's American Community Survey puts Cortez's median home value at $226,700.
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.
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