Market Overview
Home Prices in Parshall, CO
The median home value in Parshall, CO is $759,274 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.7% compared to a year ago and up 4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Parshall are priced85% above average.
Over the past five years, Parshall home values have fallen by approximately2.6%, reflecting softening conditions in this market.
Price History
Parshall Home Price Trend
2020
$624,359
$624K
—
2021
$779,398
$779K
+24.8%
2022
$889,674
$890K
+14.1%
2023
$770,070
$770K
-13.4%
2024
$750,169
$750K
-2.6%
2025
$780,357
$780K
+4.0%
2026
$759,274
$759K
-2.7%
City Comparison
Parshall vs. National Median
🏠 Parshall
$759,274
National Median
$410,000
At $759,274, homes in Parshall cost 85% above the national median of $410,000. Buyers in Parshall should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Parshall?
20% Down Payment
$151,855
on $759,274
Monthly P&I
$3,960/mo
30-yr @ 6.8%
Total Monthly Est.
~$5,029/mo
incl. taxes & insurance
Income Needed
$201,160
gross annual (30% rule)
10% Down Option
$75,927
+ PMI applies
Loan Amount (20% dn)
$607,419
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 Parshall, CO?
The median home value in Parshall is $759,274 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.7% year-over-year.
How much have home prices changed in Parshall?
Over the past year, home values in Parshall have decreased by 2.7%. Over five years, prices have fallen approximately 2.6%.
How much do I need to earn to buy a home in Parshall?
To comfortably afford the median home price of $759,274 with a 20% down payment ($151,855) at today's rates (6.8%), you'd need a gross annual income of approximately $201,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Parshall compare to the national average home price?
The national median home value is approximately $410,000. At $759,274, homes in Parshall are 85% above the national average.