Colorado Mortgage Rates & Home Prices (2026)
Median price: $535,000 · Avg. rate: 6.80%
Colorado Market Overview
$535,000
Median Home Price
6.80%
Avg. 30-Yr Rate
0.51%
Property Tax Rate
67.0%
Homeownership Rate
Colorado's housing costs have surged due to strong job growth and population influx. The Denver metro dominates the market, but mountain communities also command premium prices. CHFA offers grants and second mortgages for down payment assistance.
Estimated Monthly Payment
Median home in Colorado (20% down, 30-yr fixed)
$3,241/mo
Principal & Interest$2,790
Property Taxes$227
Home Insurance (est.)$223
Total Monthly (PITI)$3,241
Based on a $535,000 home with 20% down ($428,000 loan) at 6.80%. Does not include PMI, HOA, or other fees.
First-Time Buyer Programs in Colorado
- CHFA FirstStep Program
- CHFA SectionEight Homeownership
- Metro Mortgage Assistance Plus
Contact your state's Housing Finance Agency for current program availability and requirements.
Rate Comparison: CO Rates
30-Year Fixed6.80%
15-Year Fixed6.02%
5/1 ARM (est.)6.05%
FHA 30-Year6.65%
VA 30-Year6.55%
Rates are estimates based on state averages and may vary by lender and borrower qualifications.
Frequently Asked Questions
Key Stats: CO
FHA Loan Limit$787,750
Median Income$87,598
Cost Index1.22x