Market Overview
Home Prices in San Luis, CO
The median home value in San Luis, CO is $134,609 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 12.4% compared to a year ago and down 8.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in San Luis are priced67% below average.
Over the past five years, San Luis home values have fallen by approximately21.8%, reflecting softening conditions in this market.
Price History
San Luis Home Price Trend
2020
$145,882
$146K
—
2021
$172,236
$172K
+18.1%
2022
$190,574
$191K
+10.6%
2023
$177,712
$178K
-6.7%
2024
$167,713
$168K
-5.6%
2025
$153,695
$154K
-8.4%
2026
$134,609
$135K
-12.4%
City Comparison
San Luis vs. National Median
🏠 San Luis
$134,609
National Median
$410,000
At $134,609, homes in San Luis cost 67% below the national median of $410,000. This makes San Luis a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in San Luis?
20% Down Payment
$26,922
on $134,609
Monthly P&I
$702/mo
30-yr @ 6.8%
Total Monthly Est.
~$892/mo
incl. taxes & insurance
Income Needed
$35,680
gross annual (30% rule)
10% Down Option
$13,461
+ PMI applies
Loan Amount (20% dn)
$107,687
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 San Luis, CO?
The median home value in San Luis is $134,609 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 12.4% year-over-year.
How much have home prices changed in San Luis?
Over the past year, home values in San Luis have decreased by 12.4%. Over five years, prices have fallen approximately 21.8%.
How much do I need to earn to buy a home in San Luis?
To comfortably afford the median home price of $134,609 with a 20% down payment ($26,922) at today's rates (6.8%), you'd need a gross annual income of approximately $35,680. This assumes keeping total housing costs at or below 30% of gross income.
How does San Luis compare to the national average home price?
The national median home value is approximately $410,000. At $134,609, homes in San Luis are 67% below the national average.