In short
The median value of owner-occupied homes is $574,600 in Colorado and $636,400 in the city and county of Denver, against $360,600 nationwide (Census ACS 2024). On the FHFA index, Colorado prices down 0.5% and Denver–Aurora–Centennial prices down 1.0% from Q2 2025 to Q2 2026.
What it costs: median value in 2024
| Area | Median value, 2024 | Margin of error (90%) |
|---|---|---|
| United States | $360,600 | ±$618 |
| Colorado | $574,600 | ±$3,773 |
| Denver–Aurora–Centennial metro area | $631,000 | ±$4,074 |
| Denver County | $636,400 | ±$12,623 |
| City of Denver | $636,400 | ±$12,623 |
Source: Census ACS 2024, table B25077; owners’ own estimates, not sale prices.
Denver is a consolidated city and county, so the Census Bureau reports the same figure for both. Three points stand out:
- The Colorado median is $214,000 above the national median.
- Denver sits $61,800 above the Colorado median and $5,400 above the metro median. The metro figure is slightly below the city figure.
- The margin of error for Denver (±$12,623) is much wider than for the state, because the sample is smaller. The true city median is very likely between about $623,800 and $649,000.
How prices have moved: the FHFA index
| Area | 1-year change (Q2 2025 to Q2 2026) | 5-year change (Q2 2021 to Q2 2026) |
|---|---|---|
| United States | +2.1% | +33.4% |
| Colorado | −0.5% | +16.0% |
| Denver–Aurora–Centennial metro area | −1.0% | +12.4% |
Source: FHFA HPI, purchase-only, Q2 2026 (release of August 25, 2026); changes by Payotte.
Colorado home prices slipped slightly over the past year while the national index rose 2.1%. Over five years, Colorado gained about a sixth and the Denver area about an eighth, well under the nation’s 33.4%.
A worked example
Take a Denver-area home worth $500,000 in the second quarter of 2021. Tracking the Denver–Aurora–Centennial index exactly, it would have been worth about $561,800 in the second quarter of 2026 (+12.4%). Over the last year alone, it would have lost about $5,550 (−1.0%). A single home can differ widely from the index.
How to use these figures when buying
Related: Colorado closing costs guide, buying a home in Denver and Colorado first-time buyer programs.
Method and dataset
ACS median value. ACS 1-Year 2024, table B25077. Geographies: United States (0100000US), Colorado (0400000US08), Denver–Aurora–Centennial metro area (310M700US19740), Denver County (0500000US08031), Denver city (1600000US0820000). Read through the data.census.gov API on October 13, 2026.
FHFA index. FHFA HPI (purchase-only, seasonally adjusted), state series (Colorado), metro series (Denver–Aurora–Centennial, CO, code 19740) and U.S. series. Index values used: Colorado 677.91 (Q2 2025), 581.51 (Q2 2021) and 674.35 (Q2 2026); Denver–Aurora–Centennial 715.30, 630.37 and 708.28; United States 426.58, 326.58 and 435.69.
Frequently asked questions
What is the median home value in Colorado?
Colorado’s 2024 ACS median home value is $574,600 (±$3,773), against $360,600 for the nation: owners’ own estimates, not sale prices.
What is the median home value in Denver?
For the city and county of Denver, the 2024 ACS median value is $636,400 (±$12,623). The Denver–Aurora–Centennial metro area is at $631,000.
Are Colorado home prices going up or down?
FHFA’s purchase-only index shows Colorado prices fell 0.5% over the year to Q2 2026, and the Denver area fell 1.0%. Over five years, they rose 16.0% and 12.4%.
How Colorado compares with the other States
At $574,600, Colorado ranks 5th of the 50 States for median home value, in the top ten and 59% above the national $360,600.
The States closest in median value are Washington ($602,200) and Utah ($545,200). The range runs from $170,800 in West Virginia to $875,900 in Hawaii; Colorado is $235,100 above the middle of that ranking (Wyoming).
On the FHFA index, Colorado prices fell 0.5% over the year to the second quarter of 2026, which places the State 48th of 50, 2.6 points behind the national +2.1%. Over five years the gain is +16% (49th of 50; nation +33.4%).
The two measures diverge: Colorado is among the dearest States, yet its prices rose less than most over the past year.
Over five years, Colorado's +16% annualises to +3% a year (nation +5.9%). The latest year (-0.5%) is 3.5 points under that average, a slower pace than the five-year average.
Denver, the main city, has a median of $636,400, 7th of the 49 main cities Payotte covers. That is 11% above the Colorado median, a premium that ranks 25th of 49.
The one-year FHFA change runs from -1.2% in New Mexico to +8.3% in Alaska. Colorado (-0.5%) is 8.8 points below the top and 0.7 above the bottom; California (-0.2%) and Washington (-0.9%) are the nearest to it.
For scale, 20% of the Colorado median is $114,920, against $72,120 at the national median.
Compare with the other states: Median home price by state.
More Colorado guides
- Closing costs in Colorado: what buyers and sellers pay
- Colorado transfer tax: the $0.01 per $100 documentary fee
- Colorado property tax: 2026 assessment rates and Denver example
- Seller disclosure requirements in Colorado
- Do you need a real estate attorney to close in Colorado?
- Foreclosure in Colorado: public trustee sale timeline
- First-time home buyer programs in Colorado and Denver
- How to verify a real estate license in Colorado
- Natural hazards and home insurance in Colorado
Sources
- Census Bureau, ACS 1-Year 2024, table B25077 (consulted October 13, 2026)
- Census Bureau, 2025 ACS release schedule (consulted October 13, 2026)
- FHFA news release, August 25, 2026 (consulted October 13, 2026)
- FHFA HPI datasets (quarterly, purchase-only) (consulted October 13, 2026)