Market Overview
Home Prices in Gunnison, CO
The median home value in Gunnison, CO is $631,018 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.3% compared to a year ago and up 2.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Gunnison are priced54% above average.
Over the past five years, Gunnison home values have risen by approximately33.9%, reflecting strong long-term appreciation in this market.
Price History
Gunnison Home Price Trend
2020
$395,963
$396K
—
2021
$471,356
$471K
+19.0%
2022
$578,771
$579K
+22.8%
2023
$554,523
$555K
-4.2%
2024
$589,332
$589K
+6.3%
2025
$605,027
$605K
+2.7%
2026
$631,018
$631K
+4.3%
City Comparison
Gunnison vs. National Median
🏠 Gunnison
$631,018
National Median
$410,000
At $631,018, homes in Gunnison cost 54% above the national median of $410,000. Buyers in Gunnison should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Gunnison?
20% Down Payment
$126,204
on $631,018
Monthly P&I
$3,291/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,180/mo
incl. taxes & insurance
Income Needed
$167,200
gross annual (30% rule)
10% Down Option
$63,102
+ PMI applies
Loan Amount (20% dn)
$504,814
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 Gunnison, CO?
The median home value in Gunnison is $631,018 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.3% year-over-year.
How much have home prices changed in Gunnison?
Over the past year, home values in Gunnison have increased by 4.3%. Over five years, prices have risen approximately 33.9%.
How much do I need to earn to buy a home in Gunnison?
To comfortably afford the median home price of $631,018 with a 20% down payment ($126,204) at today's rates (6.8%), you'd need a gross annual income of approximately $167,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Gunnison compare to the national average home price?
The national median home value is approximately $410,000. At $631,018, homes in Gunnison are 54% above the national average.