Home prices
The median home in Paonia is valued at $191,000. This is about $25,080 (11%) lower compared to its surrounding areas.In comparison to the rest of the country it is approximately $26,500 (12%) lower, and compared to the city of Grand Junction is approximately $46,100 (19%) lower.
Rents
Paonia's median monthly rent is $734. It is approximately $339 (31%) lower compared to its nearby areas.Compared to the country as a whole it is approximately $328 (30%) lower, and it is approximately $201 (21%) lower in comparison to the city of Grand Junction.
Nearby places
Hotchkiss
Hotchkiss is about 7 miles southwest from Paonia. Housing prices there are a bit less expensive. The price of the median home in Hotchkiss is $157,300, which works out to $33,700 (21%) lower than Paonia. The rent there is somewhat more expensive. Hotchkiss's median monthly rent is $889, which comes out to $155 (17%) higher than Paonia.
Crawford
Crawford is about 11 miles south of Paonia. Real estate prices there are a bit less expensive. The median home price in Crawford is $163,800, which comes out to $27,200 (16%) lower than Paonia. Its rents are a bit more expensive. In Crawford the median rent is $870 a month, which works out to $136 (15%) higher than Paonia.
Cedaredge
Cedaredge is about 15 miles west from Paonia. Its real estate prices are pretty similar. Cedaredge's median home cost is $182,400, which works out to $8,600 (4%) lower than Paonia. Rent there is a bit more expensive. The median rent in Cedaredge is $852 a month, which comes out to $118 (13%) higher than Paonia.
Orchard City
Orchard City is about 18 miles west of Paonia. Real estate prices there are a bit more expensive. The median home in Orchard City is valued at $226,900, which is $35,900 (15%) higher than Paonia. Its rents are a bit more expensive. Orchard City's median rent is $975 per month, which works out to $241 (24%) higher than Paonia.
Marble
Marble is roughly 23 miles northeast of Paonia. The real estate prices there are significantly more expensive. Marble's median home cost is $350,000, which is $159,000 (45%) higher than Paonia. The rent there is a lot more expensive. In Marble the median monthly rent is $1,781, which comes out to $1,047 (58%) higher than Paonia.