Home prices
Mountain Village's median home price is $739,900. Compared to nearby areas it is about $318,360 (75%) higher.In comparison to the United States as a whole it is approximately $522,400 (240%) higher, and is approximately $553,100 (296%) higher in comparison to the city of Farmington.
Rents
Mountain Village's median monthly rent is $783. This is roughly $298 (27%) lower in comparison to the surrounding areas.Compared to the rest of the nation it is roughly $279 (26%) lower, and it is approximately $85 (9%) lower compared to the city of Farmington.
Nearby places
Telluride
Telluride is Mountain Village's neighbor to the east. The real estate prices there are significantly less expensive. The value of the median home in Telluride is $410,800, which is $329,100 (80%) lower than Mountain Village. Rent there is significantly more expensive. The median rent in Telluride is $1,412 a month, which works out to $629 (44%) higher than Mountain Village.
Ophir
Ophir is approximately 5 miles south from Mountain Village. Housing prices there are somewhat less expensive. The cost of the median home in Ophir is $625,000, which works out to $114,900 (18%) lower than Mountain Village. Rent there is somewhat more expensive. The median monthly rent in Ophir is $980, which is $197 (20%) higher than Mountain Village.
Ouray
Ouray is roughly 10 miles northeast of Mountain Village. Its housing prices are a lot less expensive. The value of the median home in Ouray is $374,200, which works out to $365,700 (97%) lower than Mountain Village. Rents there are a bit more expensive. In Ouray the median rent is $865 a month, which is $82 (9%) higher than Mountain Village.
Silverton
Silverton is approximately 12 miles southeast from Mountain Village. Its housing prices are substantially less expensive. The price of the median home in Silverton is $296,200, which is $443,700 (149%) lower than Mountain Village. The rent there is a bit more expensive. Silverton's median rent is $1,026 per month, which works out to $243 (23%) higher than Mountain Village.
Ridgway
Ridgway is about 16 miles north of Mountain Village. Housing prices there are significantly less expensive. The median home in Ridgway costs $401,500, which works out to $338,400 (84%) lower than Mountain Village. Rents there are somewhat more expensive. The median rent in Ridgway is $1,120 per month, which works out to $337 (30%) higher than Mountain Village.
