Market Overview
Home Prices in Phippsburg, CO
The median home value in Phippsburg, CO is $449,824 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.2% compared to a year ago and up 4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Phippsburg are priced10% above average. Phippsburg is part of the Steamboat Springs, CO metro area.
Over the past five years, Phippsburg home values have risen by approximately30.6%, reflecting strong long-term appreciation in this market.
Price History
Phippsburg Home Price Trend
City Comparison
Phippsburg vs. National Median
At $449,824, homes in Phippsburg cost 10% above the national median of $410,000. Buyers in Phippsburg should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Phippsburg?
20% Down Payment
$89,965
on $449,824
Monthly P&I
$2,346/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,979/mo
incl. taxes & insurance
Income Needed
$119,160
gross annual (30% rule)
10% Down Option
$44,982
+ PMI applies
Loan Amount (20% dn)
$359,859
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 Phippsburg, CO?
The median home value in Phippsburg is $449,824 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.2% year-over-year.
How much have home prices changed in Phippsburg?
Over the past year, home values in Phippsburg have increased by 0.2%. Over five years, prices have risen approximately 30.6%.
How much do I need to earn to buy a home in Phippsburg?
To comfortably afford the median home price of $449,824 with a 20% down payment ($89,965) at today's rates (6.8%), you'd need a gross annual income of approximately $119,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Phippsburg compare to the national average home price?
The national median home value is approximately $410,000. At $449,824, homes in Phippsburg are 10% above the national average.
What metro area is Phippsburg part of?
Phippsburg is part of the Steamboat Springs, CO metropolitan area. Home prices and market conditions can vary across the broader metro region.