Colorado Housing Market Trends
Real-time market data powered by Zillow Research. Last updated: 2026-03-03
Is Now a Good Time to Buy in Colorado?
The Colorado housing market is showing balanced conditions.
home values have declined 2.5% over the past year, which means more negotiating power for buyers. there are currently 1,511 homes on the market.
Median Home Value
$529,284
Zillow Home Value Index
Year-over-Year
-2.5%
Home value change
5-Year Change
+22.1%
Since 2021
Median Rent
$2,136/mo
Zillow Observed Rent Index
Active Listings
1,511
Homes for sale
Home Value Trends
5-year Zillow Home Value Index (ZHVI) for Colorado vs. national average. ZHVI reflects the typical home value in the 35th-65th percentile range.
Rent Trends
Average rent in Colorado: $2,136/mo (+1.7% YoY)
Rent vs. Buy Analysis
With a median home value of $529,284 and average rent of $2,136/mo, the price-to-rent ratio in Colorado is 20.6. A ratio of 15-21 means it could go either way — run the numbers.
Run Full Rent vs. Buy CalculatorTop Markets in Colorado
Explore housing data for 12 metro areas in Colorado. Click any market for detailed trends and analysis.
Edwards, CO
$1,282,352
Avg rent: $3,511/mo
Steamboat Springs, CO
$1,099,875
Avg rent: $3,378/mo
Breckenridge, CO
$965,023
Avg rent: $3,504/mo
Glenwood Springs, CO
$958,259
Avg rent: $2,757/mo
Boulder, CO
$702,382
Avg rent: $2,245/mo
Durango, CO
$657,614
Avg rent: $1,903/mo
Denver, CO
$558,785
Avg rent: $1,838/mo
Fort Collins, CO
$539,947
Avg rent: $1,877/mo
Greeley, CO
$489,065
Avg rent: $1,711/mo
Montrose, CO
$479,999
Avg rent: $1,997/mo
Colorado Springs, CO
$447,917
Avg rent: $1,681/mo
Grand Junction, CO
$418,326
Avg rent: $1,721/mo
Continue Learning About Colorado
Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.