US housing market report · August 2026
The state of the Colorado housing market.
Median home value and city-by-city trends across Colorado, from Zillow Home Value Index data. Free to cite with attribution to Home Value Pros.
Colorado median value
$497K
Zillow ZHVI, August 2026
Cities covered
22
with published pages
Report video
Monthly
per city, on each hub
12-month outlook · data through August 2026
Where are Colorado home values headed?
Current typical value
$497,011
Zillow ZHVI median, August 2026
Past 12 months
-0.6%
change in the median
12 months out
$490,000
if the recent trend continues
Trend projection from the past 12 months, not a prediction. Actual values depend on mortgage rates, inventory, and local conditions.
Where values are climbing
Fastest appreciating Colorado cities
- $2.09MUp8.7%
- $3.45MUp7.5%
- $743KUp3.2%
- $451KUp2.4%
- $974KUp0.3%
- $571KUp0.1%
- $821KDown0.2%
- $567KDown0.6%
- $403KDown1.3%
- 10Erie$711KDown1.4%
Where the market is cooling
Fastest cooling Colorado cities
- $290KDown2.8%
- $430KDown2.6%
- $614KDown2.5%
- $500KDown2.4%
- $521KDown2.3%
- $466KDown2.3%
- $593KDown2.3%
- $572KDown2.1%
- $690KDown1.6%
- $663KDown1.6%
Priciest markets in the state
Most expensive Colorado cities by median value
- $3.45M
- $2.09M
- $974K
- $821K
- $743K
- 6Erie$711K
- $690K
- $663K
- $649K
- $614K
Common questions
What people ask us.
Methodology & attribution
Figures are medians of the latest Zillow Home Value Index (ZHVI) across each city's published ZIPs in Colorado, as of August 2026. Year-over-year change compares each market to the same month a year earlier, paired ZIPs only. Data and analysis by Home Value Pros; cite with a link to this report. See the national housing market report and the Colorado market index.