Home prices
Ridgway's median home value is $401,500. It is about $139,840 (25%) lower compared to the surrounding areas.It is approximately $184,000 (84%) higher compared to the rest of the country, and is roughly $164,400 (69%) higher compared to the city of Grand Junction.
Rents
Ridgway's median monthly rent is $1,120. Compared to the surrounding areas this is roughly $16 (1%) higher.It is about $58 (5%) higher compared to the rest of the country, and it is approximately $185 (19%) higher in comparison to the city of Grand Junction.
Nearby places
Loghill Village
Loghill Village is about 2 miles northwest from Ridgway. Its real estate prices are a little more expensive. The median home price in Loghill Village is $556,800, which works out to $155,300 (27%) higher than Ridgway. Rents there are somewhat more expensive. Loghill Village's median monthly rent is $1,481, which is $361 (24%) higher than Ridgway.
Ouray
Ouray is about 9 miles southeast from Ridgway. Housing prices there are a little less expensive. The cost of the median home in Ouray is $374,200, which comes out to $27,300 (7%) lower than Ridgway. Rent there is somewhat less expensive. Ouray's median monthly rent is $865, which works out to $255 (29%) lower than Ridgway.
Telluride
Telluride is roughly 15 miles south of Ridgway. Real estate prices there are similar. The median home in Telluride costs $410,800, which works out to $9,300 (2%) higher than Ridgway. The rent there is a bit more expensive. Telluride's median monthly rent is $1,412, which is $292 (20%) higher than Ridgway.
Mountain Village
Mountain Village is roughly 16 miles south from Ridgway. Its housing prices are a lot more expensive. The median home cost in Mountain Village is $739,900, which comes out to $338,400 (45%) higher than Ridgway. The rent there is significantly less expensive. Mountain Village's median monthly rent is $783, which comes out to $337 (43%) lower than Ridgway.
Ophir
Ophir is roughly 21 miles south from Ridgway. The real estate prices there are a lot more expensive. Ophir's median home price is $625,000, which comes out to $223,500 (35%) higher than Ridgway. The rent there is somewhat less expensive. Ophir's median rent is $980 per month, which is $140 (14%) lower than Ridgway.
