Colorado Average Home Price by City (2026)

The average home price in Colorado (CO) is about $494,000 — the 2026 median, at ~$269/sq ft — 71% more expensive than the typical U.S. home.

$494,000
Colorado median value
$269
Median price / sq ft
~1,840
sq ft a median budget buys
+71%
vs U.S. median

Considering a move to Colorado?

Housing in Colorado is 71% more expensive than the national average, with a typical home around $494,000 and a local rate near $269 per square foot. Among the 17 Colorado cities we track, Aspen is the most expensive (median $3,220,000) and Pueblo is the most affordable (median $289,000) — so where you land in the state matters as much as the state itself.

Browse Colorado cities

Colorado home prices by county

17 Colorado counties with enough data for their own page, priciest first:

Home value appreciation in Colorado

Home prices in Colorado have risen about 93% over the last 10 years (≈6.8% a year) and +131.2% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at +0.1% — roughly flat. A home worth $494,000 today was worth roughly $255,561 ten years ago.

+0.1%
1-year change
+37.8%
5-year change
+93.3%
10-year change
+131.2%
20-year change

See where that trend takes a specific home with the home appreciation calculator — nationally the median state is +85.6% over 10 years. Past appreciation is a track record, not a forecast; local prices can fall.

Calculators for Colorado

Run the numbers for Colorado with the local rates already filled in — change any input to test your own situation.

Salary needed to buy a home in Colorado

To buy the typical $494,000 home in Colorado with 20% down, you need a household income of roughly $134,000 a year (about $3,140 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $160,000, because the loan is bigger and mortgage insurance kicks in.

Down paymentCash downMonthly paymentIncome needed
5% (+PMI)$24,700$3,900/mo$167,000/yr
10% (+PMI)$49,400$3,730/mo$160,000/yr
20%$98,800$3,140/mo$134,000/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 Colorado

At about $269 per square foot, here is roughly how much home different budgets get you in Colorado:

BudgetApprox. sizeWhat that looks like locally
$250k930 sq ftbelow the local median — condos, smaller or older homes
$300k1120 sq ftbelow the local median — condos, smaller or older homes
$400k1490 sq ftaround the typical home here
$500k1860 sq ftaround the typical home here
$600k2230 sq ftaround 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 filtered to Colorado so you can compare your current home against every Colorado city we track.

Colorado home prices: frequently asked

What salary do you need to buy a house in Colorado? +
For the typical $494,000 home in Colorado, a household income of about $134,000 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 $160,000; with 5% down about $167,000.
What is the average home price in Colorado? +
The average home price in Colorado is about $494,000 as of 2026, at roughly $269 per square foot — 71% more expensive than the U.S. median of $289,000. That figure is the statewide median across the ZIP codes we track, which is what most price reports mean by the average.
What is the median home price in Colorado (CO)? +
About $494,000 in 2026. The median is the mid-point home — half of homes cost more, half less — and it is the better yardstick than a true mean, which a handful of luxury sales can drag upward. At $269/sq ft, a median budget in Colorado buys roughly 1,840 sq ft of home.
Where is Colorado most and least expensive? +
Among the 17 Colorado cities tracked here, Aspen is the priciest (median $3,220,000) and Pueblo is the most affordable (median $289,000). ZIP-level prices within one city vary further, so check the city page for your area.
Are home values in Colorado going up? +
Over the last 10 years home prices in Colorado changed about +93.3% (≈6.8% a year), and +0.1% in the latest year, according to the FHFA house price index through 2025. Over 20 years: +131.2%. Past gains are not a guarantee of future ones.