Market Overview
Home Prices in Wheat Ridge, CO
The median home value in Wheat Ridge, CO is $606,435 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.6% compared to a year ago and down 1.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Wheat Ridge are priced48% above average. Wheat Ridge is part of the Denver-Aurora-Lakewood, CO metro area.
Over the past five years, Wheat Ridge home values have risen by approximately4.7%, reflecting modest growth in this market.
Price History
Wheat Ridge Home Price Trend
City Comparison
Wheat Ridge vs. National Median
At $606,435, homes in Wheat Ridge cost 48% above the national median of $410,000. Buyers in Wheat Ridge should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Wheat Ridge?
20% Down Payment
$121,287
on $606,435
Monthly P&I
$3,163/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,017/mo
incl. taxes & insurance
Income Needed
$160,680
gross annual (30% rule)
10% Down Option
$60,644
+ PMI applies
Loan Amount (20% dn)
$485,148
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 Wheat Ridge, CO?
The median home value in Wheat Ridge is $606,435 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.6% year-over-year.
How much have home prices changed in Wheat Ridge?
Over the past year, home values in Wheat Ridge have decreased by 2.6%. Over five years, prices have risen approximately 4.7%.
How much do I need to earn to buy a home in Wheat Ridge?
To comfortably afford the median home price of $606,435 with a 20% down payment ($121,287) at today's rates (6.8%), you'd need a gross annual income of approximately $160,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Wheat Ridge compare to the national average home price?
The national median home value is approximately $410,000. At $606,435, homes in Wheat Ridge are 48% above the national average.
What metro area is Wheat Ridge part of?
Wheat Ridge is part of the Denver-Aurora-Lakewood, CO metropolitan area. Home prices and market conditions can vary across the broader metro region.