Market Intelligence · CO / Grand Junction

Grand Junction, CO 81506 Housing Market

The typical home in Grand Junction, CO 81506 is worth $513,806 as of September 2026, up 1.3% over the past year. The median list price sits at $599,475, and homes are spending a median of 53 days on the market.

Updated September 2026Median value$514K

The median home value in Grand Junction, CO 81506 is $514K as of September 2026, up 1.3% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 81506 range

$473K to $555K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+1.3% over 12 months

Typical home value in 81506 over the last 12 months: $507K in Sep 2025 to $514K in Sep 2026 (+1.3%).

Sep 2025$507K

Sep 2026$514K

The numbers

What is the 81506 housing market like?

Typical home value

$514K

Up1.3%YoY

Median list price

$599K

Up2.0%MoM

Days on market

53

Flat0.0%MoM

Homes for sale

99

Up4.2%MoM

Price cuts

32.0%

Up15.5%MoM

New listings

34

Up6.3%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

81506 housing market forecast 2027

+1.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 81506 to rise 1.6% by September 2027.

Over the 12 months through September 2026, typical home values in 81506 rose 1.3%, per the Zillow Home Value Index.

Will home prices drop in 81506?

Zillow's forecast does not call for a drop: it expects typical home values in 81506 to rise 1.6% by September 2027, after a 1.3% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 81506 home prices compare?

  • 81506$513,806
  • Grand Junction$449,846
  • Colorado$494,491
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Grand Junction: 6 ZIPs; Colorado: 416 ZIPs; United States: 26,262 ZIPs).

Context

Home values in 81506 have moved up 1.3% over the past year to $513,806, a modest gain rather than a surge. The median list price of $599,475 runs well above that typical value, which suggests sellers are aiming high. With 99 homes for sale and 34 new listings as of September 2026, buyers have real choice. A median of 53 days on market means homes are not selling overnight. For a seller, the honest read is that pricing accurately from the start matters more than ever in this market.

Monthly payment

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20% · $102,761

Common questions

What people ask us.

How much is a home in 81506 worth?

The typical home value in 81506 is $513,806 as of September 2026, up 1.3% over the past year. The median list price is higher at $599,475.

How fast do homes sell in 81506?

Homes in 81506 spend a median of 53 days on the market as of September 2026. There are 99 homes for sale, with 34 new listings added.

Are sellers cutting prices in 81506?

Yes. As of September 2026, 32.0% of listings in 81506 have had a price cut.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.