Market Overview
Home Prices in Trinidad, CO
The median home value in Trinidad, CO is $234,668 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 4.7% compared to a year ago and down 2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Trinidad are priced43% below average.
Over the past five years, Trinidad home values have risen by approximately24.0%, reflecting strong long-term appreciation in this market.
Price History
Trinidad Home Price Trend
2020
$158,378
$158K
—
2021
$189,283
$189K
+19.5%
2022
$235,435
$235K
+24.4%
2023
$246,201
$246K
+4.6%
2024
$251,449
$251K
+2.1%
2025
$246,343
$246K
-2.0%
2026
$234,668
$235K
-4.7%
City Comparison
Trinidad vs. National Median
🏠 Trinidad
$234,668
National Median
$410,000
At $234,668, homes in Trinidad cost 43% below the national median of $410,000. This makes Trinidad a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Trinidad?
20% Down Payment
$46,934
on $234,668
Monthly P&I
$1,224/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,554/mo
incl. taxes & insurance
Income Needed
$62,160
gross annual (30% rule)
10% Down Option
$23,467
+ PMI applies
Loan Amount (20% dn)
$187,734
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 Trinidad, CO?
The median home value in Trinidad is $234,668 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 4.7% year-over-year.
How much have home prices changed in Trinidad?
Over the past year, home values in Trinidad have decreased by 4.7%. Over five years, prices have risen approximately 24.0%.
How much do I need to earn to buy a home in Trinidad?
To comfortably afford the median home price of $234,668 with a 20% down payment ($46,934) at today's rates (6.8%), you'd need a gross annual income of approximately $62,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Trinidad compare to the national average home price?
The national median home value is approximately $410,000. At $234,668, homes in Trinidad are 43% below the national average.