Market Overview
Home Prices in Green Mountain Falls, CO
The median home value in Green Mountain Falls, CO is $413,259 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.8% compared to a year ago and down 1.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Green Mountain Falls are priced1% above average. Green Mountain Falls is part of the Colorado Springs, CO metro area.
Over the past five years, Green Mountain Falls home values have risen by approximately7.5%, reflecting steady appreciation in this market.
Price History
Green Mountain Falls Home Price Trend
City Comparison
Green Mountain Falls vs. National Median
At $413,259, homes in Green Mountain Falls cost 1% above the national median of $410,000. Buyers in Green Mountain Falls should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Green Mountain Falls?
20% Down Payment
$82,652
on $413,259
Monthly P&I
$2,155/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,737/mo
incl. taxes & insurance
Income Needed
$109,480
gross annual (30% rule)
10% Down Option
$41,326
+ PMI applies
Loan Amount (20% dn)
$330,607
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 Green Mountain Falls, CO?
The median home value in Green Mountain Falls is $413,259 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.8% year-over-year.
How much have home prices changed in Green Mountain Falls?
Over the past year, home values in Green Mountain Falls have decreased by 0.8%. Over five years, prices have risen approximately 7.5%.
How much do I need to earn to buy a home in Green Mountain Falls?
To comfortably afford the median home price of $413,259 with a 20% down payment ($82,652) at today's rates (6.8%), you'd need a gross annual income of approximately $109,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Green Mountain Falls compare to the national average home price?
The national median home value is approximately $410,000. At $413,259, homes in Green Mountain Falls are 1% above the national average.
What metro area is Green Mountain Falls part of?
Green Mountain Falls is part of the Colorado Springs, CO metropolitan area. Home prices and market conditions can vary across the broader metro region.