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CO area data

Olney springs, CO

Olney springs, CO.

Population: 2,000 (Census ACS)

The median home value in Olney springs, CO is $170,446 — down 5.6% over the past year. FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low. Cost of living is 5.0% above the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$170,446

Median home value

-5.6%

1-year change

Very Low

Hazard risk (county)

Home values & appreciation

Median home value
$170,446
1-year appreciation
-5.6%
3-year appreciation
-3.9%
5-year appreciation
-1.6%
10-year appreciation
+81.2%
All-time peak (2022-06)
$196,915
House Price Index (state)
675.7 (-1.4% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

For-sale inventory
6

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$980/mo
1BR fair-market rent
$980/mo
2BR fair-market rent
$1,290/mo
3BR fair-market rent
$1,550/mo
4BR fair-market rent
$2,020/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Above Average)
105.0 (100 = US avg)
Electricity rate (state-level)
15.9¢/kWh
Natural gas rate (state-level)
$11.20/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Notable hazard ratings (county)
coldWave: Relatively Low · drought: Relatively Low · hail: Relatively Low · lightning: Relatively Low · strongWind: Relatively Low · winterWeather: Relatively Low
Wildfire risk to homes (county)
Higher than 69% of US counties
Buildings in wildfire direct-exposure zone
61.8%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
54.0°F
Average high
72.0°F
Average low
37.0°F
Annual precipitation
13.1 in
Annual snowfall
25.1 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Amenities

National parks within ~60 mi
1
Nearest national park
Bent's Old Fort National Historic Site (34 mi)
Airports within 30 mi
6
Nearest airport
Fowler Airport (16 mi)
Nearest major airport
Pueblo Memorial Airport (PUB) (29 mi)
Hospitals nearby (~15 mi)
2
Hospitals include
PARKVIEW MEDICAL CENTER, INC, COLORADO MENTAL HEALTH HOSPITAL IN PUEBLO
Avg hospital rating (CMS)
2.0 / 5
Best hospital rating nearby (CMS)
2.0 / 5
Solar radiation rating
Good (5.2 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-41 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,958
Housing built before 1970
52.9%
Housing built 2000 or later
8.9%
Median annual property tax
$481
Households with broadband internet
43.0%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
642
Average weekly wage
$985
Top industries (by employment)
Health Care, Construction, Professional Services
Annual residential building permits (county)
4

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

Olney springsState medianUS median
Median home value$170,446$497,277$289,727
Median annual property tax$481$1,694$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Olney springs, CO?
$170,446.
What is typical rent in Olney springs, CO?
2-bedroom fair-market rent: $1,290/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Olney springs, CO?
Overall risk: Very Low (FEMA NRI, county-level).
What is the wildfire risk in Olney springs, CO?
Risk to homes is higher than 69% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Olney springs, CO?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Olney springs, CO?
No current or proposed National Priorities List sites within 5 miles (EPA).
What is the cost of living in Olney springs, CO?
Regional Price Parity: 105.0 (100 = US average) (Above Average) (BEA RPP, metro/state-level).

ZIP code for Olney springs

Selling a home in Olney springs, CO?

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents