Explore Similar Townhomes Within 25 Miles of Colorado City, TX
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Why Live in Colorado City
Colorado City, a former cattle town, is evolving with a focus on growth and revitalization. The local economy is supported by agriculture, oil, and gas, and the town is working to reverse decades of population decline. The Colorado Independent School District, known for its strong athletic and academic programs, includes the highly rated Colorado High School. Ranch-style homes from the mid to late 20th century are common, often situated on spacious lots around a quarter acre, with some properties featuring storm cellars for tornado protection. The revitalizing downtown area, particularly Second Street, is home to boutiques, restaurants, and cafes housed in historic 19th-century buildings. Bigg's Pizza and Grill is a popular dining spot, and the upcoming Pumpjack Saloon will add to the local nightlife. For groceries, residents frequent Lowe's Market. Outdoor activities are abundant at Lake Colorado City State Park, which offers hiking, bird watching, and water sports on the 1,600-acre lake. Fisher Park and Ruddick Park provide additional recreational options, including fishing, picnicking, and seasonal events. Colorado City is safer than the national average, contributing to its appeal. The town's location offers convenient access to larger cities via Interstate 20, with Midland and Odessa about 80 miles west and Abilene 70 miles east. Abilene Regional Airport and Midland International Air and Space Port provide air travel options, while Mitchell County Hospital offers local healthcare services.
Home Trends in Colorado City, TX
On average, homes in Colorado City, TX sell after 65 days on the market compared to the national average of 50 days. The median sale price for homes in Colorado City, TX over the last 12 months is $75,650, down 52% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$75,650
Median Single Family Sale Price
$150,000
Average Price Per Sq Ft
$271
Number of Homes for Sale
37
Last 12 months Home Sales
4
Months of Supply
111.00
Median List Price
$169,500
Median Change From 1st List Price
15%
Median Home Sale Price YoY Change
-52%