Market Overview
Home Prices in Colorado City, TX
The median home value in Colorado City, TX is $98,120 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.1% compared to a year ago and down 3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Colorado City are priced76% below average.
Over the past five years, Colorado City home values have fallen by approximately19.2%, reflecting softening conditions in this market.
Price History
Colorado City Home Price Trend
2020
$104,984
$105K
—
2021
$121,388
$121K
+15.6%
2022
$125,581
$126K
+3.5%
2023
$113,428
$113K
-9.7%
2024
$99,096
$99K
-12.6%
2025
$96,076
$96K
-3.0%
2026
$98,120
$98K
+2.1%
City Comparison
Colorado City vs. National Median
🏠 Colorado City
$98,120
National Median
$410,000
At $98,120, homes in Colorado City cost 76% below the national median of $410,000. This makes Colorado City a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Colorado City?
20% Down Payment
$19,624
on $98,120
Monthly P&I
$512/mo
30-yr @ 6.8%
Total Monthly Est.
~$650/mo
incl. taxes & insurance
Income Needed
$26,000
gross annual (30% rule)
10% Down Option
$9,812
+ PMI applies
Loan Amount (20% dn)
$78,496
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 Colorado City, TX?
The median home value in Colorado City is $98,120 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.1% year-over-year.
How much have home prices changed in Colorado City?
Over the past year, home values in Colorado City have increased by 2.1%. Over five years, prices have fallen approximately 19.2%.
How much do I need to earn to buy a home in Colorado City?
To comfortably afford the median home price of $98,120 with a 20% down payment ($19,624) at today's rates (6.8%), you'd need a gross annual income of approximately $26,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Colorado City compare to the national average home price?
The national median home value is approximately $410,000. At $98,120, homes in Colorado City are 76% below the national average.