81503 — Grand Junction, CO Home Values
Typical home value $409,406 as of June 2026 · 14th of 18 in Grand Junction, CO
Blue: typical home value (Zillow ZHVI) in ZIP code 81503, June 2021 to June 2026. This page shows observed data only; no forecast.
How 81503 compares in the Grand Junction, CO area
ZIP code 81503 (Grand Junction, CO) has a typical home value of $409,406 as of June 2026, ranking 14th of 18 ZIP codes tracked in the Grand Junction, CO area, more expensive than about 28% of ZIP codes in the metro. Prices here have moved +3.2% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +31.8%, from $310,667 in June 2021 to $409,406 in June 2026. Against observed rent, the typical home here sells for 17.9× the annual rent ($1,908/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Grand Junction, CO forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Grand Junction.
Population and demographics
ZIP code 81503 has a population of 16,132, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 80.6% White, 14.7% Hispanic or Latino, 2.9% two or more races, 0.9% Asian, 0.5% American Indian or Alaska Native, and 0.4% Black or African American.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Mesa View Elementary School | 2967 B ROAD, GRAND JUNCTION, CO | 0.9 mi |
| Lincoln Orchard Mesa Elementary School | 2888 B1/2 ROAD, GRAND JUNCTION, CO | 1.8 mi |
| Pear Park Elementary School | 432 30 1/4 ROAD, GRAND JUNCTION, CO | 2.3 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 81503?
$409,406 as of June 2026, the latest month Zillow has published observed data for.
Is 81503 an expensive ZIP code in the Grand Junction, CO area?
81503 ranks 14th of 18 ZIP codes in the Grand Junction, CO area by typical home value, more expensive than about 28% of ZIP codes in the metro.
How much have home values in 81503 changed over the past year?
+3.2% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 81503?
The typical home price is 17.9× the observed annual rent in this ZIP code ($1,908/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 81503?
16,132, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 81503?
Mesa View Elementary School (0.9 mi), Lincoln Orchard Mesa Elementary School (1.8 mi), Pear Park Elementary School (2.3 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 81503?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Grand Junction, CO forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.