Market Overview
Home Prices in Cripple Creek, CO
The median home value in Cripple Creek, CO is $331,883 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 3.1% compared to a year ago and down 0.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cripple Creek are priced19% below average. Cripple Creek is part of the Colorado Springs, CO metro area.
Over the past five years, Cripple Creek home values have risen by approximately11.1%, reflecting steady appreciation in this market.
Price History
Cripple Creek Home Price Trend
City Comparison
Cripple Creek vs. National Median
At $331,883, homes in Cripple Creek cost 19% below the national median of $410,000. This makes Cripple Creek a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Cripple Creek?
20% Down Payment
$66,377
on $331,883
Monthly P&I
$1,731/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,198/mo
incl. taxes & insurance
Income Needed
$87,920
gross annual (30% rule)
10% Down Option
$33,188
+ PMI applies
Loan Amount (20% dn)
$265,506
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 Cripple Creek, CO?
The median home value in Cripple Creek is $331,883 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 Cripple Creek?
Over the past year, home values in Cripple Creek have decreased by 3.1%. Over five years, prices have risen approximately 11.1%.
How much do I need to earn to buy a home in Cripple Creek?
To comfortably afford the median home price of $331,883 with a 20% down payment ($66,377) at today's rates (6.8%), you'd need a gross annual income of approximately $87,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Cripple Creek compare to the national average home price?
The national median home value is approximately $410,000. At $331,883, homes in Cripple Creek are 19% below the national average.
What metro area is Cripple Creek part of?
Cripple Creek is part of the Colorado Springs, CO metropolitan area. Home prices and market conditions can vary across the broader metro region.