Colorado housing market data: median home price, year-over-year appreciation, inventory, months of supply, days on market, affordability, and what it means fo
Colorado is currently a balanced market. The median sale price sits near $578,000, up 0.6% from a year ago, with roughly 16,903 active listings and 4.4 months of supply. Homes are going under contract in about 35 days on average.
Colorado's median sale price of $578,000 is 37.8% above the $419,300 national median, which places it 6 of 51 states by price level. Year-over-year appreciation of 0.6% ranks 48 of 51, so Colorado is currently a slower-appreciating state relative to the rest of the country.
Inside the Mountain region, the median state price is $469,000, so Colorado runs 23.2% richer than its regional peers — the closest comparisons are Utah at $542,000, Montana at $469,000, Idaho at $468,000, Wyoming at $372,000. That gap matters for loan sizing: at the same rate, a Colorado file carries roughly $109,000 more balance than the regional median, which changes qualifying income and the value of a rate-and-term option.
Colorado statewide numbers hide real spread across its metros. This report tracks 2 Colorado metros: Denver, CO ($592,000, -0.6% YoY); Colorado Springs, CO ($472,000, +0.3% YoY). Price a file off the metro your borrower is actually buying in, not the state average.
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Colorado is currently a balanced market. The median sale price sits near $578,000, up 0.6% from a year ago, with roughly 16,903 active listings and 4.4 months of supply. Homes are going under contract in about 35 days on average.
Affordability remains the binding constraint. At the current national average 30-year fixed rate near 6.42%, the typical payment on a median-priced home in Colorado runs about $3,707 per month including taxes and insurance, against a median rent near $2,498. That gap is what determines whether purchase conversations in this market start with payment, with price, or with a buydown structure.
Supply is close to balance, with price reductions on about 22% of active listings. Builder incentives are selective, and permits are running near 30,840 annualized units.
For originators, the practical read is this: buyers have negotiating room again, so seller-paid temporary buydowns and closing cost credits are the highest-leverage tools in your kit.
Colorado currently reads as a balanced market with 4.4 months of supply. Balanced is generally considered four to six months, so this market is close to balance.
The median sale price is approximately $578,000 as of 7/24/2026, up 0.6% from a year earlier.
No. Median prices are up about 0.6% year over year, though the pace of appreciation has slowed considerably from the 2021 peak.
The typical down payment on a closed transaction is near $89,659, and the resulting payment at the current national average 30-year fixed rate is roughly $3,707 per month including taxes and insurance. Low-down-payment FHA, VA, and conventional 3% options can materially reduce the cash required.
Our directional 12-month range is -1.0% to +2.4% on median price. Confidence is moderate; the rate path is the dominant variable.
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