Home prices
The value of the median home in Parachute is $171,100. This is about $26,160 (13%) lower compared to other places in this area.Compared to the rest of the country it is about $46,400 (21%) lower, and it is about $66,000 (27%) lower compared to the city of Grand Junction.
Rents
Parachute's median rent is $900 per month. In comparison to its surrounding areas this is approximately $39 (4%) lower.Compared to the United States as a whole it is roughly $162 (15%) lower, and in comparison to the city of Grand Junction is approximately $35 (3%) lower.
Nearby places
Battlement Mesa
Battlement Mesa is Parachute's neighbor to the east. The real estate prices there are a bit more expensive. The value of the median home in Battlement Mesa is $183,800, which is $12,700 (6%) higher than Parachute. Rent there is a little less expensive. The median rent in Battlement Mesa is $759 a month, which is $141 (18%) lower than Parachute.
De Beque
De Beque is about 12 miles southwest from Parachute. Its real estate prices are a bit less expensive. De Beque's median home cost is $145,600, which is $25,500 (17%) lower than Parachute. Rents there are fairly similar. The median monthly rent in De Beque is $925, which works out to $25 (2%) higher than Parachute.
Rifle
Rifle is roughly 14 miles northeast of Parachute. Real estate prices there are a little more expensive. The cost of the median home in Rifle is $246,300, which comes out to $75,200 (30%) higher than Parachute. The rent there is a bit more expensive. The median rent in Rifle is $984 a month, which comes out to $84 (8%) higher than Parachute.
Collbran
Collbran is about 15 miles south of Parachute. The housing prices there are a bit less expensive. The median home in Collbran is valued at $132,800, which is $38,300 (28%) lower than Parachute. Rents there are a little less expensive. In Collbran the median monthly rent is $770, which is $130 (16%) lower than Parachute.
Silt
Silt is approximately 19 miles east of Parachute. Housing prices there are a lot more expensive. The median home price in Silt is $277,800, which is $106,700 (38%) higher than Parachute. Rent there is somewhat more expensive. In Silt the median rent is $1,257 a month, which comes out to $357 (28%) higher than Parachute.
