Market Overview
Home Prices in Hesperus, CO
The median home value in Hesperus, CO is $585,866 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.4% compared to a year ago and up 2.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hesperus are priced43% above average. Hesperus is part of the Durango, CO metro area.
Over the past five years, Hesperus home values have risen by approximately26.8%, reflecting strong long-term appreciation in this market.
Price History
Hesperus Home Price Trend
City Comparison
Hesperus vs. National Median
At $585,866, homes in Hesperus cost 43% above the national median of $410,000. Buyers in Hesperus should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Hesperus?
20% Down Payment
$117,173
on $585,866
Monthly P&I
$3,056/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,881/mo
incl. taxes & insurance
Income Needed
$155,240
gross annual (30% rule)
10% Down Option
$58,587
+ PMI applies
Loan Amount (20% dn)
$468,693
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 Hesperus, CO?
The median home value in Hesperus is $585,866 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.4% year-over-year.
How much have home prices changed in Hesperus?
Over the past year, home values in Hesperus have decreased by 1.4%. Over five years, prices have risen approximately 26.8%.
How much do I need to earn to buy a home in Hesperus?
To comfortably afford the median home price of $585,866 with a 20% down payment ($117,173) at today's rates (6.8%), you'd need a gross annual income of approximately $155,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Hesperus compare to the national average home price?
The national median home value is approximately $410,000. At $585,866, homes in Hesperus are 43% above the national average.
What metro area is Hesperus part of?
Hesperus is part of the Durango, CO metropolitan area. Home prices and market conditions can vary across the broader metro region.