Colorado Average Home Price by City (2026)

The average home price in Colorado (CO) is about $500,000 — the 2026 median, at ~$273/sq ft — 70% more expensive than the typical U.S. home.

$500,000
Colorado median value
$273
Median price / sq ft
~1,830
sq ft a median budget buys
+70%
vs U.S. median

Considering a move to Colorado?

Housing in Colorado is 70% more expensive than the national average, with a typical home around $500,000 and a local rate near $273 per square foot. Among the 16 Colorado cities we track, Aspen is the most expensive (median $3,150,500) and Pueblo is the most affordable (median $293,000) — so where you land in the state matters as much as the state itself.

Browse Colorado cities

Salary needed to buy a home in Colorado

To buy the typical $500,000 home in Colorado with 20% down, you need a household income of roughly $136,000 a year (about $3,170 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 paymentCash downMonthly paymentIncome needed
5% (+PMI)$25,000$3,950/mo$169,000/yr
10% (+PMI)$50,000$3,770/mo$162,000/yr
20%$100,000$3,170/mo$136,000/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 $273 per square foot, here is roughly how much home different budgets get you in Colorado:

BudgetApprox. sizeWhat that looks like locally
$250k920 sq ftbelow the local median — condos, smaller or older homes
$300k1100 sq ftbelow the local median — condos, smaller or older homes
$400k1470 sq ftaround the typical home here
$500k1830 sq ftaround the typical home here
$600k2200 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 $500,000 home in Colorado, a household income of about $136,000 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 $169,000.
What is the average home price in Colorado? +
The average home price in Colorado is about $500,000 as of 2026, at roughly $273 per square foot — 70% more expensive than the U.S. median of $294,000. 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 $500,000 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 $273/sq ft, a median budget in Colorado buys roughly 1,830 sq ft of home.
Where is Colorado most and least expensive? +
Among the 16 Colorado cities tracked here, Aspen is the priciest (median $3,150,500) and Pueblo is the most affordable (median $293,000). ZIP-level prices within one city vary further, so check the city page for your area.