Market Overview
Home Prices in Gypsum, CO
The median home value in Gypsum, CO is $712,792 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1% compared to a year ago and up 5.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Gypsum are priced74% above average. Gypsum is part of the Glenwood Springs, CO metro area.
Over the past five years, Gypsum home values have risen by approximately40.0%, reflecting strong long-term appreciation in this market.
Price History
Gypsum Home Price Trend
City Comparison
Gypsum vs. National Median
At $712,792, homes in Gypsum cost 74% above the national median of $410,000. Buyers in Gypsum should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Gypsum?
20% Down Payment
$142,558
on $712,792
Monthly P&I
$3,717/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,721/mo
incl. taxes & insurance
Income Needed
$188,840
gross annual (30% rule)
10% Down Option
$71,279
+ PMI applies
Loan Amount (20% dn)
$570,234
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 Gypsum, CO?
The median home value in Gypsum is $712,792 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1% year-over-year.
How much have home prices changed in Gypsum?
Over the past year, home values in Gypsum have increased by 1%. Over five years, prices have risen approximately 40.0%.
How much do I need to earn to buy a home in Gypsum?
To comfortably afford the median home price of $712,792 with a 20% down payment ($142,558) at today's rates (6.8%), you'd need a gross annual income of approximately $188,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Gypsum compare to the national average home price?
The national median home value is approximately $410,000. At $712,792, homes in Gypsum are 74% above the national average.
What metro area is Gypsum part of?
Gypsum is part of the Glenwood Springs, CO metropolitan area. Home prices and market conditions can vary across the broader metro region.