Home prices
The price of the median home in Telluride is $410,800. Compared to the surrounding areas it is roughly $76,560 (15%) lower.In comparison to the entire nation it is approximately $193,300 (88%) higher, and is roughly $224,000 (119%) higher compared to the city of Farmington.
Rents
Telluride's median rent is $1,412 a month. This is about $457 (47%) higher in comparison to the surrounding areas.In comparison to the rest of the country it is roughly $350 (32%) higher, and it is about $544 (62%) higher in comparison to the city of Farmington.
Nearby places
Mountain Village
Mountain Village is Telluride's neighbor to the west. Its housing prices are significantly more expensive. The price of the median home in Mountain Village is $739,900, which works out to $329,100 (44%) higher than Telluride. Rents there are a lot less expensive. Mountain Village's median monthly rent is $783, which is $629 (80%) lower than Telluride.
Ophir
Ophir is about 5 miles south of Telluride. Its housing prices are significantly more expensive. Ophir's median home value is $625,000, which works out to $214,200 (34%) higher than Telluride. The rent there is significantly less expensive. In Ophir the median monthly rent is $980, which works out to $432 (44%) lower than Telluride.
Ouray
Ouray is about 9 miles northeast of Telluride. Housing prices there are a bit less expensive. The median home value in Ouray is $374,200, which is $36,600 (9%) lower than Telluride. Its rents are significantly less expensive. The median monthly rent in Ouray is $865, which comes out to $547 (63%) lower than Telluride.
Silverton
Silverton is roughly 11 miles southeast from Telluride. Its housing prices are significantly less expensive. The median home in Silverton is valued at $296,200, which comes out to $114,600 (38%) lower than Telluride. Rents there are significantly less expensive. The median monthly rent in Silverton is $1,026, which works out to $386 (37%) lower than Telluride.
Ridgway
Ridgway is about 15 miles north from Telluride. Its real estate prices are fairly similar. Ridgway's median home cost is $401,500, which is $9,300 (2%) lower than Telluride. The rent there is a little less expensive. In Ridgway the median monthly rent is $1,120, which is $292 (26%) lower than Telluride.
