Market Overview
Home Prices in Creede, CO
The median home value in Creede, CO is $447,673 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.4% compared to a year ago and up 6.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Creede are priced9% above average.
Over the past five years, Creede home values have risen by approximately30.8%, reflecting strong long-term appreciation in this market.
Price History
Creede Home Price Trend
2020
$281,805
$282K
—
2021
$342,296
$342K
+21.5%
2022
$403,436
$403K
+17.9%
2023
$403,110
$403K
-0.1%
2024
$413,776
$414K
+2.6%
2025
$441,702
$442K
+6.7%
2026
$447,673
$448K
+1.4%
City Comparison
Creede vs. National Median
🏠 Creede
$447,673
National Median
$410,000
At $447,673, homes in Creede cost 9% above the national median of $410,000. Buyers in Creede should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Creede?
20% Down Payment
$89,535
on $447,673
Monthly P&I
$2,335/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,965/mo
incl. taxes & insurance
Income Needed
$118,600
gross annual (30% rule)
10% Down Option
$44,767
+ PMI applies
Loan Amount (20% dn)
$358,138
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 Creede, CO?
The median home value in Creede is $447,673 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.4% year-over-year.
How much have home prices changed in Creede?
Over the past year, home values in Creede have increased by 1.4%. Over five years, prices have risen approximately 30.8%.
How much do I need to earn to buy a home in Creede?
To comfortably afford the median home price of $447,673 with a 20% down payment ($89,535) at today's rates (6.8%), you'd need a gross annual income of approximately $118,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Creede compare to the national average home price?
The national median home value is approximately $410,000. At $447,673, homes in Creede are 9% above the national average.