Colorado is growing. Every year more and more people are choosing to plant roots in the Centennial State. Roughly 60,000 to 75,000 people move here every year, and that's not just moving into existing homes but also new home builds too. With such a huge influx of new Colorado residents, those looking to secure their own slice of Rocky Mountain paradise might be curious about how much land costs here.
As one of the country's top ten biggest states, Colorado spans an area of 104,100 square miles or 67 million acres. Of that land, there are about 23 million acres of public land, 6,000 miles of streams, and more than 2,000 lakes. According to LandWatch, Colorado is ranked fourth for the most combined amount of land for sale in the United States.
The average price of land listings and rural Colorado properties for sale is $1 million. But not to worry, there are plenty of smaller, cheaper options available as well for those willing to search.
Rural land makes up roughly 1 million acres of land for sale in the state. Urban and suburban land makes up less of the available land. These types of lots are a lot higher in demand and tend to be a bit more difficult to find. They also tend to be a bit more expensive. With so many people moving to the state and buying property, land lots near the city are a hot commodity.
Our lands are largely used for farming. About 31.7 million acres of the land in Colorado is used for farming and ranching. The chief crops grown in the state are corn, wheat, and hay. There is also a significant cattle ranching presence. Hemp is likely taking up a good portion of farmed land in Colorado as well but the Bureau of Economic Analysis has yet to release the official statistics on this particular crop.
The protected land in Colorado is home to a diverse array of animals. Their territories often intermingle with the populated areas of the state so it’s not uncommon to see a wild animal in your front yard every so often. Some animals you might see are mule deer, elk, turkey, bear, and grouse. There are plenty of wild fish too. You can find trout, bass, pike, catfish, and salmon in our waterways.
There are cheaper land options for sale in Colorado you can browse. But just keep in mind that sometimes the cheapest isn’t the best. At the end of the day, you get what you pay for. Also, remember that many counties have zoning restrictions on what you can or cannot do with land properties.
Here are some areas to search for the cheapest land according to Compass Land USA:
The way you go about searching for land will depend on what you wish to do with it. If you are looking to build a custom home, this process might not be as intuitive. Rather than finding a slice of land first, you should really reach out to a build and design team first. They will help you find the ideal plot for your custom-build goals.
Are you ready to see what land Colorado has to offer? Get an idea of what’s available by browsing sites like LandWatch, Land and Farm, Lands of America, and Zillow.
