ZIP Code 81505 — Grand Junction, CO Home Prices (2026)

The typical home in ZIP 81505 (Grand Junction, Colorado) is worth about $502,000 at roughly $298 per square foot — 10% more expensive than the Grand Junction median and 71% more expensive than the typical U.S. home.

$502,000

Typical home value

$298

Price per sq ft

#3 of 6

Grand Junction ZIPs by value

+10%

vs Grand Junction median

How 81505 compares

ZIP 81505 is a mid-priced ZIP code for Grand Junction: its typical home value of $502,000 ranks #3 of the 6 Grand Junction ZIP codes we track (the citywide range runs from $353,000 in 81501 to $638,000 in 81507). Per square foot it costs about $298, against $277 for Grand Junction as a whole, $273 for Colorado, and $195 nationally.

Area	Typical value	$ / sq ft
ZIP 81505	$502,000	$298
Grand Junction, CO	$455,500	$277
Colorado	$500,000	$273
United States	$294,000	$195

Home value by size in 81505

Using this ZIP’s rate of about $298 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.

Home size	Estimated value
1,000 sq ft	$298,000
1,500 sq ft	$447,000
2,000 sq ft	$596,000
2,500 sq ft	$745,000
3,000 sq ft	$894,000

Salary needed to buy a home in ZIP 81505

To buy the typical $502,000 home in ZIP 81505 with 20% down, you need a household income of roughly $137,000 a year (about $3,190 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $162,000, because the loan is bigger and mortgage insurance kicks in.

Down payment	Cash down	Monthly payment	Income needed
5% (+PMI)	$25,100	$3,960/mo	$170,000/yr
10% (+PMI)	$50,200	$3,790/mo	$162,000/yr
20%	$100,400	$3,190/mo	$137,000/yr

Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.

What your budget buys in ZIP 81505

At about $298 per square foot, here is roughly how much home different budgets get you in ZIP 81505:

Budget	Approx. size	What that looks like locally
$250k	840 sq ft	below the local median — condos, smaller or older homes
$300k	1010 sq ft	below the local median — condos, smaller or older homes
$400k	1340 sq ft	below the local median — condos, smaller or older homes
$500k	1680 sq ft	around the typical home here
$600k	2010 sq ft	around the typical home here

Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 81505 home.

Estimate a specific home in 81505

The estimator below is pre-set to ZIP 81505 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.

All Grand Junction ZIP codes by home value

Where 81505 sits among Grand Junction’s 6 ZIP codes:

#	ZIP code	Typical value	$ / sq ft
1	81507	$638,000	$308
2	81506	$524,000	$276
3	81505 (this page)	$502,000	$298
4	81503	$409,000	$277
5	81504	$390,000	$271
6	81501	$353,000	$270

ZIP 81505 home prices: frequently asked

What is the average home price in ZIP code 81505? +

The typical home in ZIP 81505 (Grand Junction, CO) is worth about $502,000 as of 2026. That is 10% more expensive than the Grand Junction median of $455,500 and 71% more expensive than the U.S. median of $294,000.

What is the price per square foot in 81505? +

About $298 per square foot in 81505, versus $277 across Grand Junction and $273 across Colorado. At that rate a 1,500 sq ft home runs roughly $447,000 and a 2,500 sq ft home about $745,000.

What salary do you need to buy a house in ZIP 81505? +

For the typical $502,000 home in ZIP 81505, a household income of about $137,000 a year covers the payment with 20% down (a 30-year fixed at 6.5%, plus taxes and insurance, under the 28% rule). With 10% down you need roughly $162,000; with 5% down about $170,000.

Is 81505 an expensive ZIP code? +

Within Grand Junction, 81505 ranks #3 of 6 ZIP codes by typical home value, which makes it a mid-priced ZIP code for Grand Junction. Nationally it is relatively expensive.

See the full Grand Junction home values page, all Colorado cities, or price per square foot by ZIP code nationwide.

Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.