Market Overview
Home Prices in Calhan, CO
The median home value in Calhan, CO is $480,745 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.9% compared to a year ago and up 1.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Calhan are priced17% above average. Calhan is part of the Colorado Springs, CO metro area.
Over the past five years, Calhan home values have risen by approximately14.5%, reflecting steady appreciation in this market.
Price History
Calhan Home Price Trend
City Comparison
Calhan vs. National Median
At $480,745, homes in Calhan cost 17% above the national median of $410,000. Buyers in Calhan should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Calhan?
20% Down Payment
$96,149
on $480,745
Monthly P&I
$2,507/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,184/mo
incl. taxes & insurance
Income Needed
$127,360
gross annual (30% rule)
10% Down Option
$48,075
+ PMI applies
Loan Amount (20% dn)
$384,596
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 Calhan, CO?
The median home value in Calhan is $480,745 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.9% year-over-year.
How much have home prices changed in Calhan?
Over the past year, home values in Calhan have increased by 0.9%. Over five years, prices have risen approximately 14.5%.
How much do I need to earn to buy a home in Calhan?
To comfortably afford the median home price of $480,745 with a 20% down payment ($96,149) at today's rates (6.8%), you'd need a gross annual income of approximately $127,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Calhan compare to the national average home price?
The national median home value is approximately $410,000. At $480,745, homes in Calhan are 17% above the national average.
What metro area is Calhan part of?
Calhan is part of the Colorado Springs, CO metropolitan area. Home prices and market conditions can vary across the broader metro region.