Market Overview
Home Prices in Colorado City, AZ
The median home value in Colorado City, AZ is $391,549 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 16.4% compared to a year ago and down 7.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Colorado City are priced5% below average. Colorado City is part of the Lake Havasu City-Kingman, AZ metro area.
Price History
Colorado City Home Price Trend
2023
$341,450
$341K
—
2024
$363,131
$363K
+6.3%
2025
$336,369
$336K
-7.4%
2026
$391,549
$392K
+16.4%
City Comparison
Colorado City vs. National Median
🏠 Colorado City
$391,549
National Median
$410,000
At $391,549, homes in Colorado City cost 5% below the national median of $410,000. This makes Colorado City a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Colorado City?
20% Down Payment
$78,310
on $391,549
Monthly P&I
$2,042/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,593/mo
incl. taxes & insurance
Income Needed
$103,720
gross annual (30% rule)
10% Down Option
$39,155
+ PMI applies
Loan Amount (20% dn)
$313,239
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Colorado City, AZ?
The median home value in Colorado City is $391,549 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 16.4% year-over-year.
How much have home prices changed in Colorado City?
Over the past year, home values in Colorado City have increased by 16.4%.
How much do I need to earn to buy a home in Colorado City?
To comfortably afford the median home price of $391,549 with a 20% down payment ($78,310) at today's rates (6.8%), you'd need a gross annual income of approximately $103,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Colorado City compare to the national average home price?
The national median home value is approximately $410,000. At $391,549, homes in Colorado City are 5% below the national average.
What metro area is Colorado City part of?
Colorado City is part of the Lake Havasu City-Kingman, AZ metropolitan area. Home prices and market conditions can vary across the broader metro region.