Market Overview
Home Prices in Mount Crested Butte, CO
The median home value in Mount Crested Butte, CO is $753,886 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.6% compared to a year ago and down 5.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Mount Crested Butte are priced84% above average.
Over the past five years, Mount Crested Butte home values have risen by approximately28.3%, reflecting strong long-term appreciation in this market.
Price History
Mount Crested Butte Home Price Trend
City Comparison
Mount Crested Butte vs. National Median
At $753,886, homes in Mount Crested Butte cost 84% above the national median of $410,000. Buyers in Mount Crested Butte should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Mount Crested Butte?
20% Down Payment
$150,777
on $753,886
Monthly P&I
$3,932/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,994/mo
incl. taxes & insurance
Income Needed
$199,760
gross annual (30% rule)
10% Down Option
$75,389
+ PMI applies
Loan Amount (20% dn)
$603,109
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 Mount Crested Butte, CO?
The median home value in Mount Crested Butte is $753,886 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.6% year-over-year.
How much have home prices changed in Mount Crested Butte?
Over the past year, home values in Mount Crested Butte have increased by 5.6%. Over five years, prices have risen approximately 28.3%.
How much do I need to earn to buy a home in Mount Crested Butte?
To comfortably afford the median home price of $753,886 with a 20% down payment ($150,777) at today's rates (6.8%), you'd need a gross annual income of approximately $199,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Mount Crested Butte compare to the national average home price?
The national median home value is approximately $410,000. At $753,886, homes in Mount Crested Butte are 84% above the national average.