Market Overview
Home Prices in Hotchkiss, CO
The median home value in Hotchkiss, CO is $468,076 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.2% compared to a year ago and up 1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hotchkiss are priced14% above average.
Over the past five years, Hotchkiss home values have risen by approximately18.4%, reflecting steady appreciation in this market.
Price History
Hotchkiss Home Price Trend
2020
$323,254
$323K
—
2021
$395,254
$395K
+22.3%
2022
$457,035
$457K
+15.6%
2023
$437,819
$438K
-4.2%
2024
$457,570
$458K
+4.5%
2025
$462,309
$462K
+1.0%
2026
$468,076
$468K
+1.2%
City Comparison
Hotchkiss vs. National Median
🏠 Hotchkiss
$468,076
National Median
$410,000
At $468,076, homes in Hotchkiss cost 14% above the national median of $410,000. Buyers in Hotchkiss should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Hotchkiss?
20% Down Payment
$93,615
on $468,076
Monthly P&I
$2,441/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,100/mo
incl. taxes & insurance
Income Needed
$124,000
gross annual (30% rule)
10% Down Option
$46,808
+ PMI applies
Loan Amount (20% dn)
$374,461
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 Hotchkiss, CO?
The median home value in Hotchkiss is $468,076 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.2% year-over-year.
How much have home prices changed in Hotchkiss?
Over the past year, home values in Hotchkiss have increased by 1.2%. Over five years, prices have risen approximately 18.4%.
How much do I need to earn to buy a home in Hotchkiss?
To comfortably afford the median home price of $468,076 with a 20% down payment ($93,615) at today's rates (6.8%), you'd need a gross annual income of approximately $124,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Hotchkiss compare to the national average home price?
The national median home value is approximately $410,000. At $468,076, homes in Hotchkiss are 14% above the national average.