Market Overview
Home Prices in Palisade, CO
The median home value in Palisade, CO is $571,311 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.6% compared to a year ago and up 6.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Palisade are priced39% above average. Palisade is part of the Grand Junction, CO metro area.
Over the past five years, Palisade home values have risen by approximately31.5%, reflecting strong long-term appreciation in this market.
Price History
Palisade Home Price Trend
City Comparison
Palisade vs. National Median
At $571,311, homes in Palisade cost 39% above the national median of $410,000. Buyers in Palisade should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Palisade?
20% Down Payment
$114,262
on $571,311
Monthly P&I
$2,980/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,785/mo
incl. taxes & insurance
Income Needed
$151,400
gross annual (30% rule)
10% Down Option
$57,131
+ PMI applies
Loan Amount (20% dn)
$457,049
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 Palisade, CO?
The median home value in Palisade is $571,311 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.6% year-over-year.
How much have home prices changed in Palisade?
Over the past year, home values in Palisade have increased by 2.6%. Over five years, prices have risen approximately 31.5%.
How much do I need to earn to buy a home in Palisade?
To comfortably afford the median home price of $571,311 with a 20% down payment ($114,262) at today's rates (6.8%), you'd need a gross annual income of approximately $151,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Palisade compare to the national average home price?
The national median home value is approximately $410,000. At $571,311, homes in Palisade are 39% above the national average.
What metro area is Palisade part of?
Palisade is part of the Grand Junction, CO metropolitan area. Home prices and market conditions can vary across the broader metro region.