Market Overview
Home Prices in Pagosa Springs, CO
The median home value in Pagosa Springs, CO is $572,528 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.7% compared to a year ago and up 3.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Pagosa Springs are priced40% above average.
Over the past five years, Pagosa Springs home values have risen by approximately24.8%, reflecting strong long-term appreciation in this market.
Price History
Pagosa Springs Home Price Trend
City Comparison
Pagosa Springs vs. National Median
At $572,528, homes in Pagosa Springs cost 40% above the national median of $410,000. Buyers in Pagosa Springs should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Pagosa Springs?
20% Down Payment
$114,506
on $572,528
Monthly P&I
$2,986/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,792/mo
incl. taxes & insurance
Income Needed
$151,680
gross annual (30% rule)
10% Down Option
$57,253
+ PMI applies
Loan Amount (20% dn)
$458,022
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 Pagosa Springs, CO?
The median home value in Pagosa Springs is $572,528 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.7% year-over-year.
How much have home prices changed in Pagosa Springs?
Over the past year, home values in Pagosa Springs have decreased by 1.7%. Over five years, prices have risen approximately 24.8%.
How much do I need to earn to buy a home in Pagosa Springs?
To comfortably afford the median home price of $572,528 with a 20% down payment ($114,506) at today's rates (6.8%), you'd need a gross annual income of approximately $151,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Pagosa Springs compare to the national average home price?
The national median home value is approximately $410,000. At $572,528, homes in Pagosa Springs are 40% above the national average.