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Commonly Asked Questions about Colorado Real Estate

$550,511. The average Colorado home value is $550,511, up 1.4% over the past year and goes to pending in around 16 days.
Median Sales Price of Homes This places Colorados prices on the higher side, as one of the more expensive states to live in the U.S. Rising prices, interest rates, and buyer demand in the state have led to a continued unaffordability crisis in Colorado.
While needs will greatly vary depending on lifestyle and other factors, the average cost of living in Colorado can be over $50,000 per year. This includes housing, groceries, utilities, and other expenses.
Average Cost of Living in Colorado: $53,374 per year CategoryAverage Annual Per-Capita Cost in Colorado Health Care $7,364 Food and Beverages (non-restaurant) $4,098 Gas and Energy Goods $1,079 All Other Personal Expenditures $30,3851 more row
The average Colorado home value is $550,511, up 1.4% over the past year and goes to pending in around 16 days.
The average Colorado cost of living per year stands at approximately $53,374, which is about 7% higher than the average U.S. city. This cost varies across the state, ranging from 4% lower to 14% higher than the average U.S. city.
The cost of living in Colorado is 6% higher than the national average.
In June 2024, 27.3% of homes in Colorado sold above list price, down 6.6 points year. There were only 35.5% of homes that had price drops, up from 32.0% of homes in June last year. There was a 99.1% sale-to-list price, down 0.49 points year over year. Homes that sold above list price likely received multiple offers.