Market Overview
Home Prices in Colorado City, CO
The median home value in Colorado City, CO is $331,271 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.2% compared to a year ago and up 2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Colorado City are priced19% below average. Colorado City is part of the Pueblo, CO metro area.
Over the past five years, Colorado City home values have risen by approximately14.0%, reflecting steady appreciation in this market.
Price History
Colorado City Home Price Trend
City Comparison
Colorado City vs. National Median
At $331,271, homes in Colorado City cost 19% 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
$66,254
on $331,271
Monthly P&I
$1,728/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,195/mo
incl. taxes & insurance
Income Needed
$87,800
gross annual (30% rule)
10% Down Option
$33,127
+ PMI applies
Loan Amount (20% dn)
$265,017
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, CO?
The median home value in Colorado City is $331,271 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.2% year-over-year.
How much have home prices changed in Colorado City?
Over the past year, home values in Colorado City have decreased by 1.2%. Over five years, prices have risen approximately 14.0%.
How much do I need to earn to buy a home in Colorado City?
To comfortably afford the median home price of $331,271 with a 20% down payment ($66,254) at today's rates (6.8%), you'd need a gross annual income of approximately $87,800. 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 $331,271, homes in Colorado City are 19% below the national average.
What metro area is Colorado City part of?
Colorado City is part of the Pueblo, CO metropolitan area. Home prices and market conditions can vary across the broader metro region.