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Crestone

Learn about the people, housing, costs and businesses in Crestone, Colorado

Median Home$243,200
Median Rent$1,291/month
Population145
Leading IndustriesFinance & Insurance · Information & Media · Construction8% finance & insurance
Home Value Growth+3.2% over 2 years
Retirees21% of residentsnear the national average
Homeowners76% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Crestone
CO

Frequently Asked Questions

What are today's mortgage rates in Crestone?

As of today, the 30-year fixed mortgage rate for Crestone is approximately 6.874% (6.909% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Crestone?

The median home value in Crestone is $243k. The median monthly rent is $1,291. Annual property taxes average $969. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Crestone?

Home values in Crestone have increased 3.2% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Crestone?

Based on a typical all-in ownership cost of $735/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Crestone is $46k/year.

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What industries drive the economy in Crestone?

The largest employment sectors in Crestone are public administration (23%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.