HomeRule

Cost of homeownership in Colorado

State averages from Census ACS, energy costs from DOE EIA, and appreciation from FHFA. County-level detail is below.

Avg home value
$359,531
Avg property tax
$1,450
Homeownership rate
72.0%
1yr appreciation
-1.5%

Home price trend

FHFA House Price Index, quarterly.

Most expensive counties

  1. 1.Pitkin County$912,300
  2. 2.Summit County$760,000
  3. 3.Eagle County$728,400
  4. 4.Routt County$691,800
  5. 5.Boulder County$671,100
  6. 6.Douglas County$635,100
  7. 7.Elbert County$623,300
  8. 8.Ouray County$596,400
  9. 9.Broomfield County$581,600
  10. 10.San Miguel County$561,400

Most affordable counties

  1. 1.Dolores County9.0%
  2. 2.Cheyenne County12.7%
  3. 3.Sedgwick County13.8%
  4. 4.San Juan County14.0%
  5. 5.Conejos County14.2%
  6. 6.Yuma County14.4%
  7. 7.Baca County14.4%
  8. 8.Rio Grande County14.5%
  9. 9.Bent County14.6%
  10. 10.Saguache County14.9%
Avg electricity
15.8¢/kWh

DOE EIA residential average.

Avg annual energy cost
$1,712

Residential baseline.

Avg mortgage interest deduction
Pending

IRS SOI, state-level avg.

All counties in Colorado

Frequently asked questions

How much does it cost to own a home in Colorado?

Based on Census ACS, the state average home value in Colorado is $359,531, with median annual property tax around $1,450. Your actual cost depends on county and property.

What is the property tax in Colorado?

Property tax rates vary by county. Colorado's state average sits at roughly $1,450 per year on a median home. See county-level pages for local rates.

How fast are home prices appreciating in Colorado?

FHFA House Price Index data shows Colorado appreciating -1.5% over the last year and 28.7% over the last five years.

Is homeownership high in Colorado?

Colorado's homeownership rate is 72.0% (Census ACS). The share of owner-occupied units varies widely across counties.

Data sources

Disclaimer. HomeRule is not a real estate agent, lender, appraiser, or financial advisor. This content is for educational and informational purposes only. Actual costs vary significantly by property, location, and individual circumstances. Consult qualified professionals for personalized advice.