Market Overview
Home Prices in Crestone, CO
The median home value in Crestone, CO is $360,920 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 3.1% compared to a year ago and up 4.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Crestone are priced12% below average.
Over the past five years, Crestone home values have risen by approximately17.1%, reflecting steady appreciation in this market.
Price History
Crestone Home Price Trend
2020
$241,323
$241K
—
2021
$308,162
$308K
+27.7%
2022
$369,020
$369K
+19.7%
2023
$363,677
$364K
-1.4%
2024
$355,841
$356K
-2.2%
2025
$372,470
$372K
+4.7%
2026
$360,920
$361K
-3.1%
City Comparison
Crestone vs. National Median
🏠 Crestone
$360,920
National Median
$410,000
At $360,920, homes in Crestone cost 12% below the national median of $410,000. This makes Crestone a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Crestone?
20% Down Payment
$72,184
on $360,920
Monthly P&I
$1,882/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,390/mo
incl. taxes & insurance
Income Needed
$95,600
gross annual (30% rule)
10% Down Option
$36,092
+ PMI applies
Loan Amount (20% dn)
$288,736
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 Crestone, CO?
The median home value in Crestone is $360,920 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 3.1% year-over-year.
How much have home prices changed in Crestone?
Over the past year, home values in Crestone have decreased by 3.1%. Over five years, prices have risen approximately 17.1%.
How much do I need to earn to buy a home in Crestone?
To comfortably afford the median home price of $360,920 with a 20% down payment ($72,184) at today's rates (6.8%), you'd need a gross annual income of approximately $95,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Crestone compare to the national average home price?
The national median home value is approximately $410,000. At $360,920, homes in Crestone are 12% below the national average.