81504 — Grand Junction, CO Home Values
Typical home value $390,386 as of June 2026 · 15th of 18 in Grand Junction, CO
Blue: typical home value (Zillow ZHVI) in ZIP code 81504, June 2021 to June 2026. This page shows observed data only; no forecast.
How 81504 compares in the Grand Junction, CO area
ZIP code 81504 (Grand Junction, CO) has a typical home value of $390,386 as of June 2026, ranking 15th of 18 ZIP codes tracked in the Grand Junction, CO area, more expensive than about 22% of ZIP codes in the metro. Prices here have moved +2.3% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +31.8%, from $296,307 in June 2021 to $390,386 in June 2026. Against observed rent, the typical home here sells for 16.4× the annual rent ($1,980/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 81504 has a population of 31,949, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 74.1% White, 20.4% Hispanic or Latino, 3.1% two or more races, 0.9% Black or African American, 0.5% American Indian or Alaska Native, 0.4% Asian, 0.4% another race, and 0.1% Native Hawaiian or Pacific Islander.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Thunder Mountain Elementary School | 3063 F1/2 ROAD, GRAND JUNCTION, CO | 1.5 mi |
| Independence Academy | 675 29 RD, GRAND JUNCTION, CO | 2.1 mi |
| Fruitvale Elementary School | 585 30 ROAD, GRAND JUNCTION, CO | 2.2 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 81504?
$390,386 as of June 2026, the latest month Zillow has published observed data for.
Is 81504 an expensive ZIP code in the Grand Junction, CO area?
81504 ranks 15th of 18 ZIP codes in the Grand Junction, CO area by typical home value, more expensive than about 22% of ZIP codes in the metro.
How much have home values in 81504 changed over the past year?
+2.3% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 81504?
The typical home price is 16.4× the observed annual rent in this ZIP code ($1,980/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 81504?
31,949, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 81504?
Thunder Mountain Elementary School (1.5 mi), Independence Academy (2.1 mi), Fruitvale Elementary School (2.2 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 81504?
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.